Vanguard High-Yield Tax-Exempt PO Box 2600 V26 Valley Forge PA 19482 Map
Phone: 800-997-2798
| Category: | Muni National Interm | | Fund Family: | Vanguard | | Net Assets: | 1.66B | | Year-to-Date Return: | -8.40% | | Yield: | 5.31% | | Morningstar Rating: |  | | Fund Inception Date: | 27-Dec-78 |
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Reid Smith
Lead Manager since
31-Dec-96 | | | Smith is a portfolio manager with the Vanguard Group, his employer since May 1992. Prior to joining the firm, he managed portfolios for Van Kampen Merritt for one year and for Hawaiian Trust Company for five years. Smith is a member of both the Association for Investment Mgmt. and Research and the Investment Analysts Society of Philadelphia. Smith holds a Chartered Financial Analyst designation and Certified Financial Planner. |
| Min Initial Investment: | $3,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $3,000 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $50 |
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| 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
(31-Oct-08):
| 0.04 | | Last Cap Gain
(31-Dec-98):
| 0.07 | | Annual Holdings Turnover
| 22.00% | | Average for Category:
| 40.77% |
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| Expense | VWAHX | Category Avg | | Total Expense Ratio: | 0.15%
| 0.92% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 3.52% | | Max Deferred Sales Load: | 0.00%
| 2.42% | | 3 Yr Expense Projection*: |
$48 | $464 | | 5 Yr Expense Projection*: |
$85 | $700 | | 10 Yr Expense Projection*: |
$192 | $1,370 |
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