Vanguard High-Yield Tax-Exempt Fund Admiral Shares

 (MUTF:VWALX)   Watch this mutual fund  
Find more results for VWALX

Performance

Trailing returns

1 day   +0.09%
   
1 week   +0.16%
   
4 week   +1.56%
   
3 month   +3.19%
   
YTD   +5.62%
   
1 year   +0.83%
   
3 years*   +7.25%
   
5 years*   +7.15%
   
*annualized
Best 3 month return+9.74%  
Worst 3 month return-9.79%  

Morningstar statistics

Morningstar category: Muni National Interm
  Return Risk Rating
3 years High High
5 years High High
10 years High High
Overall High High

Key statistics

Total assets7.17B 
Front load-  
Deferred load-  
Expense ratio0.12%  
Management fee-  
Fund familyVanguard 

Asset allocation

Cash3.26%  
Stocks0.00%  
Bonds96.74%  
Other0.00%  

Purchase information

Initial$50,000  
Additional$100  
AIP Initial$0  
AIP Additional$100  
10.950.00(0.00%)
Apr 24, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks 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 (NRSRO) (e.g., Baa or higher by Moody's Investors Service, Inc.) or, if unrated, determined to be of comparable quality by the advisor. Up to 20% of the fund's assets may be invested in bonds that are rated less than investment grade by an NRSRO (e.g., less than Baa by Moody's) or, if unrated, determined to be of comparable quality by the advisor.
Fund filings (PDF) »
Asset manager:
Mathew Kiselak (Started: Jul 16, 2010)
Advisor Company:
Vanguard Group, Inc.
Fund family reports on Morningstar »
Vanguard, 100 Vanguard Boulevard, Malvern, PA 19355, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.01 0.57 0.75 -0.13
Beta* 1.21 1.12 1.19 1.13
Mean annual return 0.05 0.58 0.62 0.39
R-squared* 98.69 96.74 94.17 89.55
Standard deviation 6.25 4.58 5.30 5.37
Sharpe ratio 0.09 1.52 1.39 0.57
* Against standard index

Top 10 holdings