Vanguard Pennsylvania Long-Term Tx-Ex Fund Inv (VPAIX)
10.81
+0.01
(+0.09%)
USD |
Dec 11 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.14% | 3.815B | -- | 33.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -16.47M | 2.10% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income that is exempt from both federal and Pennsylvania personal income taxes. The Fund is intended for Pennsylvania residents only. The Fund invests at least 80% of the its net assets in securities whose income is exempt from federal and Pennsylvania state taxes. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Pennsylvania Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Pennsylvania 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:
99
-8.115M
Peer Group Low
182702.0
Peer Group High
1 Year
% Rank:
54
-16.47M
-79.06M
Peer Group Low
15.27M
Peer Group High
3 Months
% Rank:
7
-15.40M
Peer Group Low
5.587M
Peer Group High
3 Years
% Rank:
47
-191.14M
Peer Group Low
5.771M
Peer Group High
6 Months
% Rank:
4
-32.99M
Peer Group Low
15.36M
Peer Group High
5 Years
% Rank:
99
-393.77M
Peer Group Low
2.024M
Peer Group High
YTD
% Rank:
7
-74.49M
Peer Group Low
19.15M
Peer Group High
10 Years
% Rank:
4
-725.12M
Peer Group Low
86.11M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 12, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.01% |
| Stock | 0.00% |
| Bond | 99.97% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.02% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV PA 4.000 06/01/2039 | 1.02% | 98.97 | 0.00% |
| GEISINGER AUTH PA HEALTH SYS REV PA 4.000 04/01/2050 | 0.78% | 88.21 | -0.15% |
| PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV PA 3.200 07/01/2054 | 0.77% | 100.00 | 0.00% |
| PENNSYLVANIA ST PA 4.000 08/15/2042 | 0.77% | 100.76 | 0.37% |
| ALLEGHENY CNTY PA HOSP DEV AUTH REV PA 4.000 04/01/2044 | 0.64% | 92.52 | 0.01% |
| PENNSYLVANIA ST HIGHER EDL FACS AUTH REV PA 3.200 11/01/2061 | 0.62% | -- | -- |
| PENNSYLVANIA ST HIGHER EDL FACS AUTH REV PA 3.200 11/01/2061 | 0.59% | -- | -- |
| PENNSYLVANIA ST HIGHER EDL FACS AUTH REV PA 5.000 02/15/2055 | 0.56% | 104.65 | -0.07% |
| PHILADELPHIA PA AUTH FOR INDL DEV HOSP REV PA 5.500 07/01/2053 | 0.52% | 106.84 | -0.07% |
| PENNSYLVANIA ST HIGHER EDL FACS AUTH REV PA 4.000 08/15/2049 | 0.52% | 90.18 | -0.14% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.13% |
| Administration Fee | 428.0K% |
| 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 | 3000.00 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 Pennsylvania personal income taxes. The Fund is intended for Pennsylvania residents only. The Fund invests at least 80% of the its net assets in securities whose income is exempt from federal and Pennsylvania state taxes. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Pennsylvania Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Pennsylvania Municipal Debt Funds |
| Fund Owner Firm Name | Vanguard |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-10-25) | 3.58% |
| 30-Day SEC Yield (11-30-25) | 3.81% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1168 |
| Bond | |
| Yield to Maturity (9-30-25) | 3.98% |
| Effective Duration | 8.00 |
| Average Coupon | 4.49% |
| Calculated Average Quality | 2.552 |
| Effective Maturity | 14.44 |
| Nominal Maturity | 18.29 |
| Number of Bond Holdings | 1163 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 4/7/1986 |
| Last Annual Report Date | 11/30/2024 |
| Last Prospectus Date | 3/28/2025 |
| Share Classes | |
| VPALX | Admiral |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication 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:VPAIX", "name") |
| Broad Asset Class: =YCI("M:VPAIX", "broad_asset_class") |
| Broad Category: =YCI("M:VPAIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:VPAIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |