Vanguard High-Yield Tax-Exempt Fund Investor (VWAHX)
10.64
0.00 (0.00%)
USD |
May 01 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.17% | 17.04B | -- | 37.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 352.61M | 6.77% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide high current income that is exempt from federal income taxes and to preserve investors' principal. The Fund invests at least 80% of its assets in longer-term, investment-grade municipal bonds, with ratings of Baa or higher, and up to 20% in bonds that are rated less than Baa or are unrated. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured 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:
77
-99.16M
Peer Group Low
809.96M
Peer Group High
1 Year
% Rank:
16
352.61M
-787.31M
Peer Group Low
6.079B
Peer Group High
3 Months
% Rank:
3
-397.00M
Peer Group Low
1.450B
Peer Group High
3 Years
% Rank:
14
-4.696B
Peer Group Low
16.26B
Peer Group High
6 Months
% Rank:
4
-636.26M
Peer Group Low
2.119B
Peer Group High
5 Years
% Rank:
64
-8.303B
Peer Group Low
33.26B
Peer Group High
YTD
% Rank:
5
-391.95M
Peer Group Low
1.826B
Peer Group High
10 Years
% Rank:
12
-7.333B
Peer Group Low
45.51B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 03, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.30% |
| Stock | 0.00% |
| Bond | 93.91% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 5.79% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Vanguard Municipal Cash Management Fund
|
4.33% | -- | -- |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.329 07/01/2040 | 0.60% | 99.05 | 0.10% |
| PUBLIC FIN AUTH WIS TOLL REV WI 6.500 12/31/2065 | 0.49% | 110.13 | -0.01% |
| PUBLIC FIN AUTH WIS TOLL REV WI 6.500 06/30/2060 | 0.37% | 110.21 | -0.01% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH OH 5.000 06/01/2055 | 0.33% | 79.55 | 0.00% |
| NEW YORK TRANSN DEV CORP SPL FAC REV NY 5.500 06/30/2060 | 0.33% | 101.23 | 0.00% |
| LOUISIANA PUB FACS AUTH REV LA 5.750 09/01/2064 | 0.32% | 102.52 | -0.00% |
| JEFFERSON CNTY ALA SWR REV AL 5.500 10/01/2053 | 0.31% | 104.70 | -0.00% |
| CHICAGO ILL BRD ED IL 6.250 12/01/2050 | 0.30% | 104.62 | -0.00% |
| LOWER ALA GAS DIST GAS PROJ REV AL 5.000 12/01/2033 | 0.29% | 104.11 | 0.03% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.16% |
| Administration Fee | 2.64M% |
| 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 high current income that is exempt from federal income taxes and to preserve investors' principal. The Fund invests at least 80% of its assets in longer-term, investment-grade municipal bonds, with ratings of Baa or higher, and up to 20% in bonds that are rated less than Baa or are unrated. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Vanguard |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-30-26) | 4.05% |
| 30-Day SEC Yield (3-31-26) | 4.25% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 3410 |
| Bond | |
| Yield to Maturity (12-31-25) | 4.54% |
| Effective Duration | 8.40 |
| Average Coupon | 4.84% |
| Calculated Average Quality | 2.987 |
| Effective Maturity | 18.82 |
| Nominal Maturity | 22.07 |
| Number of Bond Holdings | 3247 |
As of December 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 12/27/1978 |
| Last Annual Report Date | 10/31/2025 |
| Last Prospectus Date | 2/28/2025 |
| Share Classes | |
| VWALX | Admiral |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| 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:VWAHX", "name") |
| Broad Asset Class: =YCI("M:VWAHX", "broad_asset_class") |
| Broad Category: =YCI("M:VWAHX", "broad_category_group") |
| Prospectus Objective: =YCI("M:VWAHX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |