Vanguard High Yield Tax-Exempt Bond continues to be one of the strongest candidates for straightforward exposure with slightly more risk to the long end of the municipal market. The strategy's cheaper admiral share class earns a Morningstar Analyst Rating of Gold, while its investor shares are rated Silver.
- NAV / 1-Day Return 10.43 / 0.11 %
- Total Assets 14.7 Bil
-
Adj. Expense Ratio
0.090%
- Expense Ratio 0.090%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 50,000
- Status Open
- TTM Yield 3.52%
- Effective Duration 7.66 years
Morningstar’s Analysis VWALX
Will VWALX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 3275
- Other Holdings 2
- % Assets in Top 10 Holdings 3.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Municmt 0 12/31/2049
2.46
356,680,702
Cash and Equivalents
BUCKEYE OHIO TOB SETTLEMENT FING AUTH
0.50
72,537,827
municipal
PUERTO RICO SALES TAX FING CORP SALES TAX REV
0.42
60,628,348
municipal
NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV
0.34
49,008,321
municipal
CHICAGO ILL BRD ED
0.27
38,439,791
municipal
NORTH TEX TWY AUTH REV
0.26
37,015,585
municipal
JEFFERSON CNTY ALA SWR REV
0.25
36,448,275
municipal
WESTMORELAND CNTY PA INDL DEV AUTH HEALTH SYS REV
0.25
35,540,372
municipal
TOBACCO SETTLEMENT FING CORP N J
0.24
35,362,039
municipal
PUERTO RICO COMWLTH
0.24
34,251,014
municipal