Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares
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NASDAQ
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Fund Information
Fund Type
Category
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Open/Closed to New Investors
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Cash
Stock
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Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
Vanguard
Manager/Tenure
(Years)
(Years)
James M. D'Arcy (11), Mathew M. Kiselak (1)
Website
Address
Vanguard
Malvern PA - 19355
Malvern PA - 19355
Country
United States
Phone Number
877-662-7447
Investment Strategy
The investment seeks a moderate and sustainable level of current income that is exempt from federal personal income taxes. The fund has no limitations on the maturity of individual securities but is expected to maintain a dollar-weighted average maturity of 6 to 12 years. At least 75% of the securities held by the fund are municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization (NRSRO) or, if unrated, determined to be of comparable quality by the advisor.
