Vanguard Tax-Managed Balanced Adm (VTMFX)
| Fund Assets | 12.25B |
| Expense Ratio | 0.05% |
| Min. Investment | $10,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 1.13 |
| Dividend Yield | 2.19% |
| Dividend Growth | 12.46% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 51.41 |
| YTD Return | 5.72% |
| 1-Year Return | 13.40% |
| 5-Year Return | 38.92% |
| 52-Week Low | 46.34 |
| 52-Week High | 51.86 |
| Beta (5Y) | 0.61 |
| Holdings | 4721 |
| Inception Date | Sep 6, 1994 |
About VTMFX
A Vanguard offering from its tax-managed investment series, this fund dedicates roughly 50% of its portfolio to U.S. stocks, focusing on mid- and large-cap companies, with the remaining balance invested in municipal bonds that are free from federal taxes. The equity portion utilizes an index-tracking strategy designed to replicate its benchmark while actively minimizing taxable dividend distributions. It is primarily intended for investors in higher tax brackets who are pursuing some capital appreciation and can tolerate the market fluctuations associated with both stock and bond investments. Please note: The fund's tax-efficiency goal may not always be met.
Performance
VTMFX had a total return of 13.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.81%.
Top 10 Holdings
17.34% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 3.41% |
| Apple Inc. | AAPL | 3.11% |
| Microsoft Corporation | MSFT | 2.30% |
| Amazon.com, Inc. | AMZN | 1.79% |
| Alphabet Inc. | GOOG | 1.53% |
| Broadcom Inc. | AVGO | 1.42% |
| Alphabet Inc. | GOOGL | 1.22% |
| Meta Platforms, Inc. | META | 0.95% |
| Tesla, Inc. | TSLA | 0.85% |
| Micron Technology, Inc. | MU | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.2932 | Jun 29, 2026 |
| Mar 27, 2026 | $0.3022 | Mar 30, 2026 |
| Dec 23, 2025 | $0.2686 | Dec 24, 2025 |
| Sep 29, 2025 | $0.2645 | Sep 30, 2025 |
| Jun 30, 2025 | $0.2561 | Jul 1, 2025 |
| Mar 27, 2025 | $0.263 | Mar 28, 2025 |