Vanguard Limited-Term Tax-Exempt Fund Admiral Shares (VMLUX) ist ein börsennotiertes Unternehmen im Finanzdienstleistungen Sektor, tätig in der Asset Management Branche. Der Hauptsitz des Unternehmens ist in Valley Forge, PA, United States.
VMLUX hat IPO-Datum 2001-02-12, gelistet an der NASDAQ, eine Marktkapitalisierung von $34.48B.
Vanguard Limited-Term Tax-Exempt Fund Admiral Shares is a municipal bond fund designed to provide tax-exempt income while maintaining a dollar-weighted average maturity between 2 and 6 years. The fund invests at least 75% of its assets in municipal bonds rated in the top three credit categories by nationally recognized rating organizations, or in unrated securities determined to be of comparable quality by the fund advisor. The remaining up to 25% of the portfolio may include lower-rated or unrated municipal bonds at the advisor's discretion. With no specific maturity restrictions on individual securities, the fund balances yield generation with credit quality and liquidity for tax-conscious investors.
