Summary
Vanguard Massachusetts Tax-Exempt Fund is a mutual fund run by Vanguard. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 1,046. The ten largest make up 10% of the fund.
- Yearly costs
- 0.09%
- Fund size
- $3.50B
- Positions
- 1,046
- Dividend yield
- 3.54%
- Running since
- 1998
What speaks for it
- Costs of 0.09% a year are below the middle of comparable funds (0.27%).
- Widely spread: the ten largest positions make up only 10% of the fund.
- A large fund with $3.50B under management.
- It has been running since 1998.
What to watch
Nothing here calls for caution.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +1.1%
- 3 months
- -2.8%
- This year
- -4.4%
- 1 year
- -4.8%
- 3 years
- +3.5%
- 5 years
- -14%
- 10 years
- -12%
What is inside?
Widely spread- 1 Massachusetts Development Finance Agency 5.50% 12/01/2056 1.7%
- 2 Massachusetts Development Finance Agency 5.00% 05/15/2055 1.4%
- 3 Commonwealth of Massachusetts 5.00% 01/01/2054 1.1%
- 4 Massachusetts School Building Authority 5.25% 02/15/2050 0.9%
- 5 Massachusetts Development Finance Agency 5.00% 05/15/2055 0.9%
- 6 Commonwealth of Massachusetts Transportation Fund Revenue 5.00% 06/01/2055 0.9%
- 7 Massachusetts Development Finance Agency 5.50% 07/01/2055 0.9%
- 8 Commonwealth of Massachusetts 5.00% 04/01/2055 0.8%
- 9 Commonwealth of Massachusetts 5.25% 09/01/2043 0.8%
- 10 Commonwealth of Massachusetts Transportation Fund Revenue 5.00% 06/01/2050 0.8%
Positions in the fund: 1,046. The ten largest make up 10% of it.
Composition as of Oct 18, 2026.
Where is it spread?
What does it cost me?
Cheap- A year from $10,000
- $9.00
- Over 20 years
- $451
From every $10,000 invested the fund takes $9.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $451.
How has it done?
Losing value- A year on average, 10 years
- -1.3%
- Deepest drop
- -19%
- Yearly volatility
- 4.0%
Average yearly decline over the last ten years: 1.3%. Deepest drop in these years: 19% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 3.54%
- Payments a year
- 12
- Last payment
- $0.03
Over the last 12 months it paid $0.34 per share, which is 3.54% of today's price. The last payment was $0.03 on Sep 30, 2026.