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Vanguard Long-Term Tax-Exempt VWLTX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Vanguard Investment Hub

Morningstar’s Analysis VWLTX

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

  • People Pillar

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

This strategy remains one of the best long-term muni options for investors.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

Vanguard Long-Term Tax-Exempt Bond continues to be one of the most compelling strategies for straightforward exposure to the longer end of the municipal market.

by Elizabeth Foos
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