Vanguard High-Yield Tax-Exempt Adm PO Box 2600 V26 Valley Forge PA 19482
Phone: 800-662-6273
| Category: |
Muni National Interm |
| Fund Family: |
Vanguard |
| Net Assets: |
4.58B |
| Year-to-Date Return: |
0.69% |
| Yield: |
4.71% |
| Morningstar Rating: |
 |
| Fund Inception Date: |
12-Nov-01 |
|
Christopher W. Alwine
Lead Manager since
31-Jul-09 |
|
| Christopher W. Alwine, CFA, Principal of Vanguard. He has been with Vanguard since 1990; has worked in investment management since 1991; has managed investment portfolios since 1996; and has managed the High-Yield Tax-Exempt and Long-Term Tax-Exempt Funds since July 2009. Education: B.B.A., Temple University; M.S., Drexel University. |
| Min Initial Investment: |
$100,000 |
| Min Initial Investment, IRA: |
NaN |
| Min Initial Investment, AIP: |
NaN |
| Min Subsequent Investment: |
$100 |
| Min Subsequent Investment, IRA: |
N/A |
| Min Subsequent Investment, AIP: |
N/A |
|
|
|
| The investment seeks high and sustainable current income exempt from federal income tax. The fund usually invests at least 80% of assets in investment-grade municipal bonds, with ratings of Baa or higher or BBB or higher. It invests up to 20% of assets in bonds that are rated less than Baa or BBB or are unrated. |
| Last Dividend
(29-Jan-10):
|
0.04 |
| Last Cap Gain
|
N/A |
| Annual Holdings Turnover
|
23.00% |
| Average for Category:
|
37.44% |
|
| Expense |
VWALX |
Category Avg |
| Total Expense Ratio: |
0.12%
|
0.90% |
| Max 12b1 Fee: |
%
|
N/A |
| Max Front End Sales Load: |
%
|
3.50% |
| Max Deferred Sales Load: |
%
|
2.34% |
| 3 Yr Expense Projection*: |
$39 |
$460 |
| 5 Yr Expense Projection*: |
$68 |
$693 |
| 10 Yr Expense Projection*: |
$154 |
$1,357 |
|
|