Morningstar

Vanguard Ultra Short-Term Tax-Exempt Fund VWSTX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$15.81  /  0.00
  • Fund Size$19.2B
  • Adjusted Expense Ratio0.170%
  • Net Expense Ratio0.170%
  • Fee Level: DistributionLow
  • Share Class TypeNo Load
  • Morningstar CategoryMuni National Short
  • Fixed-Income Style Box (Funds)—
  • Minimum Initial Investment$3,000
  • Investment StatusOpen
  • TTM Yield3.02%
  • Average Effective Duration1.35 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VWSTX

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

  • People Pillar

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

A topnotch short-term muni offering with lower interest rate sensitivity in its category.

Analyst Ken Noguchi

Ken Noguchi

Analyst

Summary

Vanguard Ultra Short-Term Tax-Exempt combines experienced leadership with a disciplined approach that stands out and has delivered strong risk-adjusted results versus muni-national short Morningstar Category peers over the long haul.

by Ken Noguchi
Rated on Published on

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Portfolio Holdings VWSTX

More VWSTX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
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