Vanguard CA Long-Term Tax-Exempt Fund Admiral (VCLAX)
11.57
0.00 (0.00%)
USD |
Feb 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.09% | 5.923B | -- | 81.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 121.95M | 4.67% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income that is exempt from both federal and California personal income taxes. It invests in high-quality municipal bonds issued by California state and local governments. At least 80% of its assets will be invested in securities whose income is exempt from federal and state taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Vanguard |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
32
-21.74M
Peer Group Low
166.20M
Peer Group High
1 Year
% Rank:
23
121.95M
-395.05M
Peer Group Low
1.436B
Peer Group High
3 Months
% Rank:
15
-99.77M
Peer Group Low
484.04M
Peer Group High
3 Years
% Rank:
3
-1.835B
Peer Group Low
1.904B
Peer Group High
6 Months
% Rank:
10
-195.53M
Peer Group Low
638.68M
Peer Group High
5 Years
% Rank:
22
-3.907B
Peer Group Low
2.059B
Peer Group High
YTD
% Rank:
34
-21.74M
Peer Group Low
166.20M
Peer Group High
10 Years
% Rank:
3
-3.523B
Peer Group Low
3.104B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 10, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 99.98% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.02% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 4.000 10/01/2052 | 1.07% | 102.31 | 0.10% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.500 05/01/2054 | 0.87% | 105.93 | 0.21% |
| SOUTHERN CALIF PUB PWR AUTH PWR PROJ REV CA 2.150 07/01/2036 | 0.84% | 100.00 | 0.00% |
| 01/01/2052 | 0.79% | -- | -- |
| CALIFORNIA ST ENTERPRISE DEV AUTH LEASE REV CA 5.500 11/01/2059 | 0.76% | 108.50 | -0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 01/01/2056 | 0.74% | 111.06 | 0.00% |
| UNIV CALIF REGTS MED CTR POOLED REV CA 5.000 05/15/2047 | 0.68% | 100.23 | -0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 4.000 05/01/2053 | 0.62% | 102.36 | -11.68% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS 12/01/2033 | 0.59% | -- | -- |
| CALIFORNIA ST CA 5.000 09/01/2041 | 0.56% | 110.26 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.08% |
| Administration Fee | 3.46M% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 50000.00 None |
| Minimum Subsequent Investment | 1.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income that is exempt from both federal and California personal income taxes. It invests in high-quality municipal bonds issued by California state and local governments. At least 80% of its assets will be invested in securities whose income is exempt from federal and state taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Vanguard |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-6-26) | 3.53% |
| 30-Day SEC Yield (1-31-26) | 3.50% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1461 |
| Bond | |
| Yield to Maturity (12-31-25) | 3.84% |
| Effective Duration | 8.30 |
| Average Coupon | 4.53% |
| Calculated Average Quality | 2.304 |
| Effective Maturity | 16.88 |
| Nominal Maturity | 19.93 |
| Number of Bond Holdings | 1444 |
As of December 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 11/12/2001 |
| Share Classes | |
| VCITX | Inv |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:VCLAX", "name") |
| Broad Asset Class: =YCI("M:VCLAX", "broad_asset_class") |
| Broad Category: =YCI("M:VCLAX", "broad_category_group") |
| Prospectus Objective: =YCI("M:VCLAX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |