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Morningstar

Vanguard Tax-Managed Balanced Adm VTMFX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 40.33  /  0.22 %
  • Total Assets 8.7 Bil
  • Adj. Expense Ratio
    0.090%
  • Expense Ratio 0.090%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Moderately Conservative Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 1.92%
  • Turnover 22%

USD | NAV as of Dec 08, 2023 | 1-Day Return as of Dec 08, 2023, 11:18 PM GMT+0

Morningstar’s Analysis VTMFX

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

People Pillar

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

A low-cost, tax-managed balanced fund.

Associate Analyst Spencer Brown

Spencer Brown

Associate Analyst

Summary

Vanguard Tax-Managed Balanced's effective tax management, diversified portfolio, and well-resourced teams support a Morningstar Medalist Rating of Silver.

by Spencer Brown
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings VTMFX

More VTMFX Holdings
  • Current Portfolio Date
  • Equity Holdings 899
  • Bond Holdings 2865
  • Other Holdings 2
  • % Assets in Top 10 Holdings 13.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

3.11
251,007,454
Technology

Apple Inc

3.10
250,766,182
Technology

Amazon.com Inc

1.44
116,213,656
Consumer Cyclical

NVIDIA Corp

1.20
96,859,025
Technology

Alphabet Inc Class A

0.98
79,200,264
Communication Services

Berkshire Hathaway Inc Class B

0.83
67,158,384
Financial Services

Meta Platforms Inc Class A

0.82
66,615,316
Communication Services

Alphabet Inc Class C

0.79
63,425,732
Communication Services

Tesla Inc

0.67
54,242,265
Consumer Cyclical

UnitedHealth Group Inc

0.61
48,948,042
Healthcare