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Vanguard Ltd-Term Tx-Ex Adm VMLUX

Analyst rating as of
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Morningstar’s Analysis

Will VMLUX outperform in future?

Get our overall rating based on a fundamental assessment of the pillar’s below.

A strong option for short-dated municipal market exposure.

Summary

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Vanguard Limited-Term Tax-Exempt Bond unites a careful investment process, well-structured team, and rock-bottom fees. Under our new ratings methodology, the strategy’s cheaper Admiral share class earns a Morningstar Analyst Rating upgrade to Gold from Silver, while its Investor shares retain a Silver.

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