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Company Details

Vanguard Long-Term Tax-Exempt Fund

VWLTX - NASDAQ

Identifiants & Marche

Ticker VWLTX
ISIN US9229073088
CIK 0000225997
Bourse NASDAQ
Devise USD

Classification

Secteur Financial Services
Industrie Asset Management

Entreprise

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

Description

The investment seeks a high 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 10 to 25 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) (e.g., Aaa, Aa, and A by Moody's Investors Service, Inc. (Moody's)) or, if unrated, determined to be of comparable quality by the advisor.
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