Vanguard Long-Term Tax-Exempt Fund Investor Shares (VWLTX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Valley Forge, PA, United States.
VWLTX has IPO date of 1980-01-02, listed on the NASDAQ, a market capitalization of $18.71B.
Vanguard Long-Term Tax-Exempt Fund Investor Shares is a municipal bond fund designed to provide investors with high and sustainable current income that is exempt from federal personal income taxes. The fund maintains a dollar-weighted average maturity of 10 to 25 years with no specific maturity limitations on individual securities. At least 75% of the fund's holdings consist of municipal bonds rated in the top three credit categories by nationally recognized rating organizations, such as Aaa, Aa, and A by Moody's, or unrated bonds determined by the advisor to be of equivalent quality. This investment approach focuses on delivering tax-efficient income to long-term investors in high tax brackets.
