VWSUX – Fund Analysis – Vanguard Ultra Short-Term Tx-Ex Adm | Morningstar

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Will VWSUX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VWSUX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the VWSUX 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 VWSUX’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 Apr 27, 2026 Published on Apr 27, 2026

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