Morningstar

Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares VWITX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$13.42  /  −0.30%
  • Fund Size$82.3B
  • Adjusted Expense Ratio0.170%
  • Net Expense Ratio0.170%
  • Fee Level: DistributionLow
  • Share Class TypeNo Load
  • Morningstar CategoryMuni National Intermediate
  • Fixed-Income Style Box (Funds)Medium/Moderate
  • Minimum Initial Investment$3,000
  • Investment StatusOpen
  • TTM Yield3.40%
  • Average Effective Duration6.01 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VWITX

Will VWITX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VWITX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VWITX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VWITX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A topnotch intermediate-term muni offering.

Analyst Ken Noguchi

Ken Noguchi

Analyst

Summary

Vanguard Intermediate-Term Tax-Exempt combines experienced leadership with a disciplined approach that stands out and delivers consistently strong results versus muni-national intermediate Morningstar Category peers.

by Ken Noguchi
Rated on Published on

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Portfolio Holdings VWITX

More VWITX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings2.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Municipal Low Dur Fund

1.521B
Cash and Equivalents

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV

0.26215M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV

0.26215M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV

0.23188M
municipal

AL TOLL ROAD-1

0.22183M
municipal

CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV

0.20165M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV

0.19162M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV

0.19161M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV

0.19160M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV

0.19160M
municipal

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