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Company Details

Vanguard California Long-Term Tax-Exempt Fund Investor Shares

VCITX - NASDAQ

Identifiants & Marche

Ticker VCITX
ISIN US9220211000
CIK 0000783401
Bourse NASDAQ
Devise USD

Classification

Industrie Asset Management

Entreprise

Pays US
Siege N/A
Fondee N/A
Site Web N/A

Description

The fund invests primarily in high-quality municipal bonds issued by California state and local governments, as well as by regional governmental and public financing authorities. At least 80% of its assets will be invested in securities whose income is exempt from federal and California 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. The fund is non-diversified.