Vanguard High Yield Tax Exempt Fund (VWAHX)
The Vanguard High Yield Tax Exempt Fund has a stock symbol of VWAHX. The value of this stock is at $10.30 per share as of January 4, 2010. The 52 week range of this stock is a high of $10.58 and a low of $8.91.
This is the highest yielding of the Vanguard Funds that principally invests in municipal bonds. There is a total of $6.3 billion in assets in their fund with over 700 bonds in its position. The average maturities of these bonds are 11.2 years. The turnover rate of these bonds is 24%.
The after tax annualized return of this fund are since inception date of 12/27/79. The return is 6.89%. The 10 year annualized return is 5.33%. The 5 year is 3.77%. The 3 year is 3.00% and the 1 year annualized return is 20.13%.
The top holdings of this fund are the CMT Municipal Rate 4.01% with a weight of 1.53% of the total fund and a value of $102.5 million on its maturity date of 12/31/2049. The California Hsg Fin Agy Rev Var Rev B has a weight of 0.69% of the total funds and a value of $46.1 million at its maturity date of 02/01/2033. The next top holding is the Texas Mun Pwr Agy Rev Ref Rev B with a weight of 0.64% of the total fund and a value of $43 million on its maturity date of 09/01/2017.
Morningstar rates this fund as a high risk with average return type of investment.
The investment manager of the Vanguard High Yield Tax Exempt Fund (VWAHX) is Christopher W. Alwine who is the head of the Municipal Bond Group for Vanguard.