Vanguard Ultra Short-Term Tax-Exempt Fund (VWSTX)
| Fund Assets | 18.00B |
| Expense Ratio | 0.17% |
| Min. Investment | $3,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 2.79% |
| Dividend Growth | -4.13% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 15.87 |
| YTD Return | 1.17% |
| 1-Year Return | 3.54% |
| 5-Year Return | 12.93% |
| 52-Week Low | 15.80 |
| 52-Week High | 15.95 |
| Beta (5Y) | 0.05 |
| Holdings | 3599 |
| Inception Date | Sep 1, 1977 |
About VWSTX
The primary objective of this fund is to generate ongoing income that is exempt from federal personal income taxes, while striving for limited fluctuations in its share price. A substantial portion, specifically at least 75%, of the fund's holdings consists of high-quality municipal bonds. These are defined as securities within the top three credit-rating tiers from nationally recognized statistical rating organizations, or those deemed of comparable quality by the advisor if unrated. Up to 20% of the portfolio may be allocated to medium-grade quality bonds, as determined by either a rating agency or the advisor. The final 5% can be invested in securities with lower credit ratings or those assessed by the advisor as having similar quality, even without a formal rating. This fund offers the potential for a higher yield than a typical money market fund, primarily because it invests in longer-maturity securities. However, this increased yield potential is accompanied by a correspondingly greater level of risk. Changes in interest rates can affect the fund: declining rates may lead to reduced income for its short-term bond holdings, while rising rates could exert downward pressure on the fund's share price. This offering may appeal to investors who desire a modest, federally tax-exempt income stream and are comfortable with some degree of income and share price volatility.
Performance
VWSTX had a total return of 3.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VWSUX | Admiral Shares | 0.09% |
Top 10 Holdings
9.60% of assets| Name | Symbol | Weight |
|---|---|---|
| Municipal Low Dur Fund | n/a | 2.05% |
| NUVEEN AMT-FREE QUALITY MUN INCOME FD | n/a | 1.20% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV | AL.BBEUTL 10.01.2052 | 1.11% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV | KY.KYSPWR 06.01.2055 | 1.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV | CA.CCEDEV 05.01.2054 | 0.90% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV | AL.BBEUTL 10.01.2052 | 0.76% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV | GA.MAIUTL 03.01.2050 | 0.72% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV | CA.CASGEN 5 10.01.2028 | 0.68% |
| NUVEEN AMT-FREE QUALITY MUN INCOME FD | OT.NEAGEN 03.01.2029 | 0.61% |
| NUVEEN AMT-FREE MUN CR INCOME FD | OT.NVGGEN 12.01.2031 | 0.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.04138 | May 1, 2026 |
| Mar 31, 2026 | $0.03846 | Apr 1, 2026 |
| Feb 27, 2026 | $0.03847 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03707 | Feb 2, 2026 |
| Dec 31, 2025 | $0.04122 | Jan 2, 2026 |
| Nov 28, 2025 | $0.04127 | Dec 1, 2025 |