Nasdaq - Delayed Quote USD

Vanguard PA Long-Term Tax-Exempt Inv (VPAIX)

10.70 0.00 (0.00%)
As of 8:06 AM EDT. Market Open.

Fund Summary

The fund invests primarily in high-quality municipal bonds issued by Pennsylvania state and local governments, as well as by regional governmental and public financing authorities. Under normal circumstances, at least 80% of its assets will be invested in securities whose income is exempt from federal and Pennsylvania state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 10 and 25 years. It is non-diversified.

Vanguard PA Long-Term Tax-Exempt Inv

Valley Forge PA 19482
PO Box 2600 V26

Fund Overview

Category Muni Pennsylvania
Fund Family Vanguard
Net Assets 3.63B
YTD Return -0.17%
Yield 3.33%
Morningstar Rating
Inception Date May 14, 2001

Fund Operations

Last Dividend 0.09
Last Cap Gain 2.00
Holdings Turnover 38.00%
Average for Category --

Fees & Expenses

Expense VPAIX Category Average
Annual Report Expense Ratio (net) 0.09% 0.90%
Prospectus Net Expense Ratio 0.09% --
Prospectus Gross Expense Ratio 0.09% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 4.16%
Max Deferred Sales Load -- 1.54%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Grace Boraas, Portfolio Manager at Vanguard. She has been with Vanguard since 2013, and has co-managed the Fund since October 2023. Education: B.S., Stetson University.

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Related Tickers