Vanguard High-Yield Tax-Exempt Fund (VWAHX)
| Fund Assets | 17.02B |
| Expense Ratio | 0.17% |
| Min. Investment | $3,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.95% |
| Dividend Growth | 6.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.76 |
| YTD Return | 1.56% |
| 1-Year Return | 4.92% |
| 5-Year Return | 8.15% |
| 52-Week Low | 9.72 |
| 52-Week High | 10.77 |
| Beta (5Y) | n/a |
| Holdings | 3352 |
| Inception Date | Dec 27, 1978 |
About VWAHX
The fund’s investment objective is to seek to provide a high and sustainable level of current income that is exempt from federal personal income taxes. The fund invests at least 80% of its assets in investment-grade municipal bonds, as determined by a nationally recognized statistical rating organization or, if unrated, determined to be of comparable quality by the advisor. The fund may invest up to 20% of its assets in less-than-investment-grade bonds, as determined by a rating organization or by the advisor. The fund has no limitations on the maturity of individual securities but is expected to maintain a dollar-weighted average maturity of 10 to 25 years. This low-cost municipal bond fund seeks to provide a high level of federally tax-exempt income and typically appeals to investors in higher tax brackets. The fund’s lower credit quality may provide a higher yield, but it makes the fund more susceptible to price volatility due to uncertain prospects for the bond issuers. Investors who are looking for a fund that may provide sustainable federally tax-exempt interest income and can tolerate moderate risk to principal may wish to consider this fund as a complement to an already diversified fixed income portfolio.
Performance
VWAHX had a total return of 4.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.84%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VWALX | Admiral Shares | 0.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03544 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03611 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03634 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03645 | Nov 3, 2025 |
| Sep 30, 2025 | $0.03614 | Oct 1, 2025 |
| Aug 29, 2025 | $0.036 | Sep 2, 2025 |