Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX)
| Fund Assets | 11.33B |
| Expense Ratio | 0.09% |
| Min. Investment | $10,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 1.09 |
| Dividend Yield | 2.17% |
| Dividend Growth | 11.22% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 27, 2026 |
| Previous Close | 50.17 |
| YTD Return | 2.58% |
| 1-Year Return | 17.80% |
| 5-Year Return | 37.96% |
| 52-Week Low | 43.73 |
| 52-Week High | 50.34 |
| Beta (5Y) | 0.62 |
| Holdings | 4701 |
| Inception Date | Sep 6, 1994 |
About VTMFX
As part of Vanguard’s series of tax-managed investments, this fund provides exposure to the mid- and large-capitalization segments of the U.S. stock market with about 50% of assets, while the balance of assets are invested in federally tax-exempt municipal bonds. The stock component’s unique index-oriented approach attempts to track its benchmark, while minimizing taxable dividend income. Investors in higher tax brackets who are seeking some growth of principal and who are able to tolerate the risks that come from the volatility of the stock and bond markets may wish to consider this fund.Please note: It is possible that the fund will not meet its objective of being tax-efficient.
Performance
VTMFX had a total return of 17.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.75%.
Top 10 Holdings
14.27% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 2.89% |
| Apple Inc. | AAPL | 2.60% |
| Microsoft Corporation | MSFT | 1.94% |
| Amazon.com, Inc. | AMZN | 1.42% |
| Alphabet Inc. | GOOG | 1.20% |
| Broadcom Inc. | AVGO | 1.01% |
| Alphabet Inc. | GOOGL | 0.95% |
| Meta Platforms, Inc. | META | 0.89% |
| Tesla, Inc. | TSLA | 0.75% |
| Berkshire Hathaway Inc. | BRK.B | 0.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 30, 2024 | $0.2424 | Dec 31, 2024 |