Vanguard Long-Term Tax-Exempt Fund (VWLTX)
| Fund Assets | 18.01B |
| Expense Ratio | 0.17% |
| Min. Investment | $3,000 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.43% |
| Dividend Growth | 8.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 10.70 |
| YTD Return | -1.39% |
| 1-Year Return | 1.18% |
| 5-Year Return | 4.12% |
| 52-Week Low | 10.68 |
| 52-Week High | 11.11 |
| Beta (5Y) | 1.17 |
| Holdings | 3743 |
| Inception Date | Sep 1, 1977 |
About VWLTX
The investment seeks a high and sustainable level of current income that is exempt from federal personal income taxes. 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. At least 75% of the securities held by the fund are municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization (NRSRO) (e.g., Aaa, Aa, and A by Moody's Investors Service, Inc. (Moody's)) or, if unrated, determined to be of comparable quality by the advisor.
Performance
VWLTX had a total return of 1.18% in the past year. Since the fund's inception, the average annual return has been 3.17%, including dividends.
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% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.52% |
| FIWEX | Fidelity | Fidelity Advisor Municipal Income Fund - Class Z | 0.40% |
| FSABX | Fidelity | Fidelity SAI Municipal Bond Index Fund | 0.07% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VWLUX | Admiral Shares | 0.09% |
Top 10 Holdings
5.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund - Vanguard Municipal Cash Management Fund | n/a | 2.97% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue - RESTRUCTURED-SER A-2 | PR PRCGEN 4.33 07.01.2040 | 0.39% |
| California Community Choice Financing Authority - CA CMNTY CHOICE-D | CA CCEDEV 05.01.2054 | 0.30% |
| Denton Independent School District - DENTON ISD | TX DNNSCD 5 08.15.2053 | 0.29% |
| University of Massachusetts Building Authority - UNIV OF MASS BLDG AUT | n/a | 0.25% |
| Texas Municipal Gas Acquisition & Supply Corp IV - TEXAS ST MUNI GAS ACQ | TX TMGUTL 01.01.2054 | 0.23% |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue - TRIBOROUGH BRIDGE-A-1 | NY TRBTRN 5.25 05.15.2064 | 0.23% |
| Kentucky Public Energy Authority - KY PUB ENERGY AUTH-B- | KY KYSPWR 01.01.2055 | 0.23% |
| Main Street Natural Gas Inc - MAIN ST NAT GAS INC | GA MAIUTL 09.01.2053 | 0.23% |
| Central Plains Energy Project - CENTRL PLAINS-A | NE CENPWR 05.01.2054 | 0.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.0313 | Jan 2, 2025 |
| Nov 29, 2024 | $0.03132 | Dec 2, 2024 |
| Oct 31, 2024 | $0.03119 | Nov 1, 2024 |
| Sep 30, 2024 | $0.03126 | Sep 30, 2024 |
| Aug 30, 2024 | $0.03096 | Sep 3, 2024 |
| Jul 31, 2024 | $0.03061 | Aug 1, 2024 |