Vanguard Tax-Managed Balanced Adm (VTMFX)
* As of 31-May-15
Quotes delayed, except where indicated otherwise. Currency in USD.
|Symbol||% Assets||YTD Return %|
|Nassau Cnty N Y Interim Fin Au Var 0.08%||0.86||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||0.12%|
Performance & Risk
|5y Avg Return:||10.15%|
|Rank in Category (ytd):||55|
|% Rank in Category (ytd):||6.56%|
|Morningstar Risk Rating:||3|
The investment seeks to provide a tax-efficient investment return consisting of federally tax-exempt income, long-term capital appreciation, and a modest amount of taxable current income.
The fund invests approximately 50% to 55% of its assets in municipal securities and the balance in common stocks. The fixed income portion of the fund is concentrated in high-quality municipal securities with a dollar-weighted average maturity expected to be between 6 and 12 years. At least 75% of the municipal bonds purchased by the fund will be rated in one of the top three credit-rating categories. View More