Vanguard High-Yield Tax-Exempt Fund Admiral Shares

 (MUTF:VWALX)   Watch this mutual fund  
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Trailing returns

1 day   +0.03%
1 week   +0.25%
4 week   +0.99%
3 month   +3.14%
YTD   +1.36%
1 year   +4.06%
3 years*   +4.33%
5 years*   +7.14%
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 Above Average
10 years High High
Overall High High

Key statistics

Total assets9.59B 
Front load-  
Deferred load-  
Expense ratio0.12%  
Management fee-  
Fund familyVanguard 

Asset allocation


Purchase information

IRA Initial$50,000  
AIP Initial$50,000  
AIP Additional$1  
Feb 8, 4:00PM EST Overall Morningstar RatingTM


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


  1 year 3 years 5 years 10 years  
Alpha* 0.48 0.20 0.53 -0.27
Beta* 1.04 1.19 1.12 1.15
Mean annual return 0.27 0.36 0.57 0.43
R-squared* 94.76 98.07 96.59 89.66
Standard deviation 2.29 4.14 3.89 5.30
Sharpe ratio 1.41 1.02 1.75 0.74
* Against standard index

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