Summary
Vanguard Limited-Term Tax-Exempt Fund Admiral Shares 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: 7,485. The ten largest make up 4.9% of the fund.
- Yearly costs
- 0.09%
- Fund size
- $35.0B
- Positions
- 7,485
- Dividend yield
- 2.96%
- Running since
- 2001
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 4.9% of the fund.
- A large fund with $35.0B under management.
- It has been running since 2001.
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
- +0.7%
- 3 months
- -0.6%
- This year
- -1.6%
- 1 year
- -1.7%
- 3 years
- +2.9%
- 5 years
- -3.2%
- 10 years
- -1.8%
What is inside?
Widely spread- 1 Vanguard Municipal Low Duration Fund 12/31/2049 1.4%
- 2 Alabama Toll Road Bridge and Tunnel Authority 5.00% 10/01/2032 0.7%
- 3 Southeast Energy Authority A Cooperative District 5.00% 10/01/2030 0.5%
- 4 Nuveen AMT-Free Municipal Credit Income Fund 4.38% 12/01/2031 0.4%
- 5 California Community Choice Financing Authority 5.50% 05/01/2054 0.3%
- 6 Tennessee Energy Acquisition Corp 5.00% 05/01/2053 0.3%
- 7 Black Belt Energy Gas District 5.00% 05/01/2053 0.3%
- 8 Nuveen AMT-Free Quality Municipal Income Fund 4.38% 03/01/2029 0.3%
- 9 Main Street Natural Gas Inc 5.00% 09/01/2053 0.3%
- 10 Allegheny County Hospital Development Authority 4.63% 11/15/2047 0.3%
Positions in the fund: 7,485. The ten largest make up 4.9% 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
- -0.2%
- Deepest drop
- -7.4%
- Yearly volatility
- 1.7%
Average yearly decline over the last ten years: 0.2%. Deepest drop in these years: 7.4% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.96%
- Payments a year
- 12
- Last payment
- $0.03
Over the last 12 months it paid $0.32 per share, which is 2.96% of today's price. The last payment was $0.03 on Sep 30, 2026.