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Morningstar

Vanguard MA Tax-Exempt Inv VMATX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 9.99  /  −0.39 %
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    0.130%
  • Expense Ratio 0.130%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 3.16%
  • Effective Duration 6.44 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:18 PM GMT+0

Morningstar’s Analysis VMATX

Will VMATX outperform in 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 VMATX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VMATX 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 VMATX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Vanguard MA Tax-Exempt Inv's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VMATX

More VMATX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST TRANSN FD REV

1.31 33.6 Mil
municipal

MASSACHUSETTS ST HSG FIN AGY HSG REV

1.25 32.1 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV

1.18 30.3 Mil
municipal

MASSACHUSETTS ST TRANSN FD REV

1.07 27.6 Mil
municipal

MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV

1.01 26.0 Mil
municipal

FALL RIVER MASS

0.97 25.0 Mil
municipal

MASSACHUSETTS ST HEALTH & EDL FACS AUTH

0.94 24.2 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV

0.86 22.0 Mil
municipal

MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV

0.82 21.2 Mil
municipal

UNIVERSITY MASS BLDG AUTH PROJ REV

0.80 20.6 Mil
municipal