VSDMVanguard Short Duration Tax-Exe

Get income1y track recordRanked #387 of 1,622 in this goal

Seeks to provide current income that is exempt from federal personal income taxes, with limited price volatility.

By Vanguard · Launched 2024

Annual Cost

0.12%

#606 of 5,562 · low cost

Fund Size

$679M

#1,347 of 5,562 · large

Dividend YieldGoal

3.10%

Track Record

1 year

#3,955 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,449+4.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

What it actually holds

By weight

Concentration

Top 10 holdings = 4.9% of fund✓ well diversified

Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund

0.8%

Texas Municipal Gas Acquisition & Supply Corp IV

0.6%

California Community Choice Financing Authority

0.5%

Main Street Natural Gas Inc

0.5%

Kentucky Public Energy Authority

0.4%

Tennergy Corp/TN

0.4%

New Mexico Municipal Energy Acquisition Authority

0.4%

Black Belt Energy Gas District

0.4%

California Community Choice Financing Authority

0.4%

Lower Colorado River Authority

0.4%

Asset allocation

Bonds

98.8%

Cash

1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

1.4%Low

Year-on-year price swings

Max drawdown

-1.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Avg maturity

10.4 years

Credit ratings

AAA

5.9%

39.2%

37.1%

BBB

12.0%

1.7%

Below B

0.1%

Other

3.9%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to provide current income that is exempt from federal personal income taxes, with limited price volatility.
Strategy: Invests primarily in U.S. dollar-denominated municipal bonds, with at least 80% in tax-exempt securities. Maintains a dollar-weighted average duration of 1.5 to 5 years and a maturity of 2 to 7 years, typically focusing on investment-grade bonds.
Inception date: November 21, 2024
Fund family: Vanguard