Vanguard CA Long-Term Tax-Exempt Po Box 2600 V26 Valley Forge PA 19482 Map
Phone: 800-662-6273
| Category: | Muni California Long | | Fund Family: | Vanguard | | Net Assets: | 710.48M | | Year-to-Date Return: | 12.49% | | Yield: | 4.38% | | Morningstar Rating: |  | | Fund Inception Date: | 07-Apr-86 |
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John M. Carbone
Lead Manager since
29-Jul-08 | | | Carbone has worked in investment management since 1988. He has managed investment portfolios since 1991. Carbone has been with Vanguard since 1996. |
| Min Initial Investment: | $3,000 | | 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 |
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| The investment seeks to provide current income that is exempt from both federal and California personal income taxes. The fund invests primarily in high-quality municipal bonds issued by California state and local governments and regional governmental authorities. It invests at least 80% of assets in securities that are exempt from both federal and California taxes. The fund's dollar-weighted average nominal maturity is expected to be between 10 and 25 years. It is intended for California residents only. The fund is nondiversified. |
| Last Dividend
(30-Oct-09):
| 0.04 | | Last Cap Gain
(29-Dec-05):
| 0.02 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 30.55% |
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| Expense | VCITX | Category Avg | | Total Expense Ratio: | 0.20%
| 1.02% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.28% | | Max Deferred Sales Load: | %
| 2.70% | | 3 Yr Expense Projection*: |
$ 64 | $559 | | 5 Yr Expense Projection*: |
$ 113 | $799 | | 10 Yr Expense Projection*: |
$ 255 | $1,485 |
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