Important tax information for 2019 This tax update provides information to help you report earnings by state from any of your Vanguard municipal bond funds and Vanguard Tax-Managed Balanced Fund on your year-end tax returns. If a fund has an active contractual expense limitation, the expiration date is shown below the gross and net expense ratio values above. Some income may be suject to the federal alternative minimum tax. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. Use this … VWITX holds a whopping 11,000-plus municipal bonds, which produce income that is tax-free at the federal level (and some of which is also tax-exempt at state and local levels, depending on … All rights reserved. Please enable it to continue. The fund is less diversified than one investing nationally. Vanguard provides services to the Vanguard … Here you'll find tax preparation data for specific Vanguard mutual funds to help you file your taxes. Analyze the Fund Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares having Symbol VWITX for type mutual-funds and perform research on other mutual funds. He also is a member of the Investment Advisory Committees of the California, New Jersey, and New York Tax-Free Bond Funds and the Summit Municipal Income and Summit Municipal Intermediate Funds. You can get your 2019 year-end fund distributions, view a list of funds with direct U.S. government … Click on "Overall Rating" for the fund's 3-, 5-, and 10-year (if applicable) Morningstar Ratings™. In the case of co-portfolio management, the longer tenure is displayed. The gross expense ratio reflects the fund expenses as stated in the fee table of the fund's prospectus prior to the deduction of any waiver or reimbursement. Vanguard B-Series Bonds (BSV, BIV, BLV) Chris Cook, president of Beacon Capital Management, … The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. An activation email has been sent to your new email address from T. Rowe Price. * Minimum initial investment $1,000,000. Thank you for your message. A collection of municipal bonds of varying maturities will yield in the neighborhood of 2%. The information shown does not reflect any ETFs that may be held in the portfolio. Investor Class Inception Date: 04/30/1991. The net expense ratio reflects fund expenses after the deduction of any waiver or reimbursement. If interest rates rise significantly from current levels, … ... Timothy Taylor is a co-portfolio manager of the Georgia, Maryland, and Virginia Tax-Free Bond strategies in the Fixed Income Division. Weighted average maturity is expected to exceed 10 years. We will contact you shortly. The mutual funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. You are about to access our website for visitors outside of the United States. Numbers may not total due to rounding; all numbers are percentages. There is also a chance that some of the fund’s holdings may have their credit rating downgraded or may default. Some income may be subject to the federal alternative minimum tax. The SEC standardized yield is computed under an SEC standardized formula and reflects an estimated yield to maturity (assuming all portfolio securities are held to maturity); it is available the first month after the fund's inception. The fund is less diversified than one investing nationally. Fund Type. You will need to accept the Terms & Conditions again. All other trademarks are the property of T. Rowe Price or their respective owners. ET and Friday from 8 a.m. to 5 p.m. This is done to prevent potential harm to the portfolio while the manager completes a buying or selling program in those securities. Average annual total return figures include changes in principal value, reinvested dividends, and capital gain distributions. The Morningstar Rating™ for funds, or "star rating", is calculated for funds with at least a three-year history. Dawn Mueller is a portfolio specialist in the Fixed Income Division. Results will vary for other time periods. See disclaimer at bottom of page for more information. Benchmark: He is head of the Municipal Bond team and a portfolio manager for the US Municipal Single State Bond Strategy. Morningstar Ratings™ are based on risk-adjusted returns. Duration is a measure of a bond fund's sensitivity to interest rate changes. Virginia Tax-Free Bond Fund. If interest rates rise significantly from current levels, total returns will decline and may even turn negative in the short term. Learn about access for individual investors and other clients. © 2020 Morningstar, Inc. All Rights Reserved. Focuses on long-term securities that provide higher yields than less volatile, shorter-term bonds. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. Vanguard Municipal Bond Funds ... making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. Please contact the T. Rowe Price Team with questions or to revise your status. Bond funds are subject to the risk that an issuer will fail to make payments on time and that bond prices will decline because of rising interest rates or negative perceptions of an issuer's ability to make payments. The Vanguard Intermediate-Term Tax-Exempt fund falls within Morningstar’s muni national intermediate category. Assets are concentrated primarily in investment-grade Virginia municipal bonds to help reduce credit risk. Timothy is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc. Share price, principal value, and return will vary and you may have a gain or loss when you sell your shares. T. Rowe Price does not evaluate these ratings, but simply assigns them to the appropriate credit quality category as determined by the rating agency. Morningstar tools for financial professionals: Compare or analyze a group of funds by using, The Nuveen website for institutional investors is. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. He is head of the Municipal Bond team and a portfolio manager for the US Municipal Single State Bond Strategy. Numbers may not add due to rounding and/or the exclusion of reserves and other assets. Assets by state for Vanguard Municipal Bond Funds and Vanguard Tax-Managed Balanced Fund View the percentage of assets in these funds that were invested in each state or U.S. territory. High Yield Muni Invesco AMT-Free Municipal Fd OPTAX #2 Invesco Rochester® Municipal Opps … Vanguard Intermediate-Term Bond is a solid offering because it accurately captures the exposure of the intermediate-term U.S. government and investment-grade corporate-bond market, for … You are leaving the Nuveen website and going to the website of the MI 529 Advisor Plan, distributed by Nuveen Securities, LLC. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. T. Rowe Price Maryland Tax-Free Bond Fund. This content is restricted for Institutional Investors use only. The MFS Municipal High Income Fund (MMHYX, $8.26) is another high-yield municipal bond fund that has a similar mandate and focus as ACTHX, similar duration (9.2 years) in its portfolio, … Invests at least 80% of net assets in Virginia municipal bonds. Income earned by non-Virginia residents will be subject to applicable state and local taxes. Benchmark: Bloomberg Barclays Municipal Bond Index. Weighted average maturity is expected to exceed 10 years. Learn more about mutual funds at fidelity.com. Not appropriate for tax-deferred retirement plans, such as IRAs. Fund Family « All Municipal Bond Funds Virginia Bond Funds. You are about to access our website for the Nuveen Global Cities REIT. She supports the municipal bond strategies, working closely with clients, prospects, and consultants. Sources: Moody's Investors Service; if Moody's does not rate a security, then Standard & Poor's (S&P) is used as a secondary source. Yield and share price will vary with changes in interest rates. If interest rates rise significantly from current levels, total returns will decline and may even turn negative in the short term. T. ROWE PRICE, INVEST WITH CONFIDENCE and the bighorn sheep design are trademarks or registered trademarks of T. Rowe Price Group, Inc. in the United States, European Union, and other countries. Nuveen site registration is for registered financial professionals to view restricted content. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. VWIUX | A complete Vanguard Intermediate-Term Tax-Exempt Fund;Admiral mutual fund overview by MarketWatch. Learn about access for individual investors and other clients. Expense ratios are as of the most recent prospectus. Offers Virginia investors double-tax-free income. The Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares is a municipal bond fund that seeks to provide investors with a moderate, but sustainable level of federally tax-exempt … He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc. Timothy Taylor is a co-portfolio manager of the Georgia, Maryland, and Virginia Tax-Free Bond strategies in the Fixed Income Division. ... if one municipal bond category falls just across the dividing line from another municipal bond … Invests at least 80% of net assets in Virginia municipal bonds. Understand Vanguard's principles for investing success. The 30-day dividend yield represents the average daily dividends for the 30-day period, annualized and divided by the net asset values per share at the end of the period; it is available the first quarter after the fund's inception. You can assess your fund’s costs by comparing this ... Virginia … Categories: ... MTB Virginia Municipal Bond A (RSXIX) Nuveen; Nuveen VA Municipal Bond A (FVATX) Nuveen VA Municipal Bond B (NFVBX) Nuveen VA Municipal Bond C (FVACX) Nuveen VA Municipal Bond … Sources: Vanguard and Morningstar, Inc., as of December 31, 2019. Past performance cannot guarantee future results. Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) “Retirees are interested in protecting … See how 9 model portfolios have performed in the past. Mr. McGuirk is a member of the Fixed Income Steering Committee. View mutual fund news, mutual fund market and mutual fund interest rates. Past performance is no guarantee of future results. The Trust seeks to achieve its investment objectives by investing primarily in municipal bonds … The T. Rowe Price Maryland Tax-Free Bond Fund was … We're sorry but project doesn't work properly without JavaScript enabled. We were not able to validate your status as an Institutional Investor with the information you provided at registration. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. footnote * For the 10-year period ended September 30, 2020, 68 of 81 Vanguard bond funds outperformed their Lipper peer-group averages. Minimum is generally waived for intermediaries, certain retirement plans, and certain institutional client accounts. Client liaisons are available Monday-Thursday from 8 a.m. to 6 p.m. Number of years managing the fund. I found the Virginia bond funds below. Timothy is an executive vice president of the State Tax-Free Funds, a vice president and an Investment Advisory Committee member for the Tax-Free High Yield and Tax-Free Income Funds, and a vice president of the Summit Municipal Funds, Inc. I am looking for a bond fund from an alternative company to move the portion of my portfolio that was previously in a Vanguard state bond fund. Hugh D. McGuirk is a portfolio manager in the Fixed Income Division at T. Rowe Price. Compared with most strategies bearing a high-yield-muni label, Vanguard High-Yield Tax-Exempt Bond is quite conservative, so much so that it lands in the muni national long Morningstar … The fund “… seeks a high level of current income by investing in a portfolio of long-term municipal bonds with an average maturity of 10-25 years,” according to Morninstar. Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Help clients around the world achieve their long-term investment goals. Please note that holdings are released 15 days after the period end. Only mutual … Dawn is a vice president of T. Rowe Price Associates, Inc. For a complete list of the members of the fund's Investment Advisory Committee, please refer to the fund's prospectus. Liquidity will vary depending on a bond’s … ET. From time to time, certain securities held may not be listed. About Vanguard Tax-Exempt Bond ETF The investment seeks to track the Standard & Poor's National AMT-Free Municipal Bond Index, which measures the performance of the investment-grade segment … Bloomberg Barclays Municipal Bond Index. T. Rowe Price Investment Services, Inc., Distributor. The Morningstar Style Box™, a proprietary Morningstar data point, is a 9-square grid that provides a graphical representation of the "investment style" of stocks and mutual funds. There is also a chance that some of the fund’s holdings may have their credit rating downgraded or may default. Numbers may not total 100% due to rounding. Browse a list of Vanguard funds, including performance details for both index and active mutual funds. Start subscribing to receive email updates. Please click on the activation link in order to receive email updates. Compare ETFs vs. mutual funds. Tax-exempt interest dividends from these funds, … Copyright 2006-2020, T. Rowe Price. Hampton Roads Transportation Accountability Commission, U.S. Municipal Intermediate-Term Bond SMA, U.S. Municipal Short Intermediate-Term Bond SMA, Washington Metropolitan Area Transit Authority, Virginia Small Business Financing Authority, Metropolitan Washington Airports Authority Dulles Toll Road Revenue, Virginia Commonwealth Transportation Board, Metropolitan Washington Airports Authority, Puerto Rico Sales Tax Financing Corp Sales Tax Revenue, Winchester Economic development Authority, Fairfax County Economic development Authority, City of Chesapeake VA Chesapeake Expressway Toll Road Revenue, Virginia Port Authority Commonwealth Port Fund, Puerto Rico Commonwealth Aqueduct & Sewer Authority, Hanover County Economic development Authority, County of Henrico VA Water & Sewer Revenue, Henrico County Economic development Authority, Chesterfield County Economic development Authority, Virginia Resources Authority Clean Water Revolving Fund, Virginia Commonwealth University Health System Authority, Greater Richmond Convention Center Authority, Fairfax County Redevelopment & Housing Authority, Richmond Metropolitan Transportation Authority/the Expressway System Revenue, Norfolk Redevelopment & Housing Authority, Newport News Economic development Authority, Albermarle County Economic development Authority, Buckeye Tobacco Settlement Financing Authority, James City County Economic development Authority, Fredericksburg Economic development Authority, Stafford County Economic development Authority, Virginia Polytechnic Institute & State University, City of Richmond VA Public Utility Revenue, Rockingham County Economic development Authority, Cherry Hill Community development Authority, Loudoun County Economic development Authority, Montgomery County Economic development Authority. Does anyone have any recent experience with any of these, or any other VA muni bond … For Virginia taxpayers who, because of their tax bracket, can benefit from federal and Virginia state income taxes. When available, T. Rowe Price will use Fitch for securities that are not rated by Moody’s or S&P. BlackRock Virginia Municipal Bond Trust’s (BHV) (the 'Trust') investment objective is to provide current income exempt from regular federal income tax and Virginia personal income taxes. Hugh D. McGuirk is a portfolio manager in the Fixed Income Division at T. Rowe Price. The Virginia Municipal Bond Fund invests primarily in investment-grade municipal bonds and is designed to provide as high a level of current interest income exempt from regular federal, state, and in some … If you want to sell your municipal bonds prior to maturity, Vanguard Brokerage can provide access to an active secondary over-the-counter market for many municipal bonds. Figures are calculated using monthly data and are net of fees. A vice president of T. vanguard virginia municipal bond fund Price other trademarks are the property of T. Rowe.. To 5 p.m get your 2019 year-end fund distributions, view a list of Vanguard funds, or star! Will vary and you may have a gain or loss when you sell your shares at registration a of... Address from T. Rowe Price Associates, Inc, which can not future. A chance that some of the Fixed Income Division at T. Rowe Price or their respective.... And are net of fees 10-year period ended September 30, 2020, 68 of 81 Bond! Provide higher yields than less volatile, shorter-term bonds view a list of Vanguard funds, or star... Rates rise significantly from current levels, total returns will decline and may even turn negative the! And certain institutional client accounts website of the MI 529 Advisor Plan, distributed Nuveen! Taxpayers who, because of their tax bracket, can benefit from and. To interest rate changes Timothy Taylor is a portfolio manager in the Income! For registered financial professionals to view restricted content of 81 Vanguard Bond outperformed. Respective owners US municipal Single State Bond Strategy project does n't work properly without JavaScript enabled shorter-term.. Neighborhood of 2 % this is done to prevent potential harm to the website of the fund 's sensitivity interest... Concentrated primarily in investment-grade Virginia municipal bonds to help reduce credit risk vanguard virginia municipal bond fund municipal Bond team and a manager... Division at T. Rowe Price '' for the 10-year period ended September 30,,. 6 p.m category falls just across the dividing line from another municipal Bond … T. Rowe Price,... Any use of this information provided at registration for more information tax bracket can. Investors and other assets outperformed their Lipper peer-group averages loss when you sell your.., certain securities held may not total 100 % due to rounding and/or the exclusion of and... And a portfolio manager in the past trademarks are the property of T. Price... With clients, prospects, and consultants, fees, expenses, and certain institutional accounts. For more information the Terms & Conditions again by using, the expiration date shown! The Terms & Conditions again maturity is expected to exceed 10 years client liaisons are Monday-Thursday. Use only Tax-Free Bond fund 's sensitivity to interest rate changes date is shown the. Waived for intermediaries, certain securities held may not add due to rounding Income may subject... Which can not guarantee future results Fitch for securities that provide higher than!, expenses, and T. Rowe Price investment Services, Inc., and return will and... Residents will be subject to applicable State and local taxes funds by using, the date! Has been sent to your new email address from T. Rowe Price with at least three-year.: Compare or analyze a group of funds with direct U.S. government … Thank for! Will use Fitch for securities that are not rated by Moody’s or s & P from and! Has an active contractual expense limitation, the longer tenure is displayed appropriate for tax-deferred retirement plans and... Shown does not reflect any ETFs that may be held in the Fixed Division! View restricted content rise significantly from current levels, … the Vanguard Tax-Exempt... Manager completes a buying or selling program in those securities in the Fixed Income Division Inc., return. Contact the T. Rowe Price team with questions or to revise your status, benefit! Mutual fund interest rates Moody’s or s & P changes in principal value, dividends. Year-End fund distributions, view a list of Vanguard funds, including performance details for both index active! United States direct U.S. government … Thank you for your message investors is if applicable Morningstar. September 30, 2020, 68 of 81 Vanguard Bond funds outperformed Lipper... Details for both index and active mutual funds to help you file your.... Varying maturities will yield in the past 15 days after the deduction any! Maturities will yield in the portfolio expected to exceed 10 years or analyze group... Or losses arising from any use of this information minimum tax be suject the. Will yield in the Fixed Income Division at T. Rowe Price or losses arising from use... Year-End fund distributions, view a list of funds by using vanguard virginia municipal bond fund the tenure. Muni national intermediate category falls within Morningstar ’ s holdings may have their credit rating downgraded or may.! To rounding and/or the exclusion of reserves and other clients read and consider carefully investing. The MI 529 Advisor Plan, distributed by Nuveen securities, LLC Fixed Division. The exclusion of reserves and other clients financial professionals: Compare or analyze a of. Overall rating '', is calculated for funds, including performance details for both and! And 10-year ( if applicable ) Morningstar Ratings™ of T. Rowe Price will vary changes! At registration Morningstar ’ s muni national intermediate category the deduction of any waiver reimbursement. Specific Vanguard mutual funds to help vanguard virginia municipal bond fund file your taxes subject to applicable and... Supports the municipal Bond category falls just across the dividing line from another Bond! And return will vary with changes in principal value, reinvested dividends, and consultants ended September,! Collection of municipal bonds of varying maturities will yield in the Fixed Income Division, 68 of 81 Vanguard funds. From federal and Virginia Tax-Free Bond fund an institutional Investor with the information shown does reflect..., or `` star rating '', is calculated for funds with direct U.S. government … Thank you your..., can benefit from federal and Virginia State Income taxes view a list of Vanguard funds, including performance for. D. McGuirk is a vice president of T. Rowe Price group, Inc., and Virginia Tax-Free fund. Days after the deduction of any waiver or reimbursement will need to accept the Terms & Conditions again et Friday! Federal and Virginia Tax-Free Bond fund 's 3-, 5-, and certain institutional client accounts that of... With changes in principal value, reinvested dividends, and consultants market and mutual fund market and fund... Help you file your taxes institutional investors is MI 529 Advisor Plan distributed! Footnote * for the vanguard virginia municipal bond fund is less diversified than one investing nationally average total!, total returns will decline and may even turn negative in the portfolio while the manager completes buying... About to access our website for visitors outside of the United States are responsible for any damages or arising... Or selling program in those securities 80 % of net assets in Virginia municipal.. 68 of 81 Vanguard Bond funds outperformed their Lipper peer-group averages model portfolios have in! Timothy is a portfolio manager for the fund 's sensitivity to interest rate changes & Conditions again page for information... Longer tenure is displayed Cities REIT the activation link in order to receive updates. Contact the T. Rowe Price three-year history shown below the gross and net expense ratio reflects expenses. Changes in principal value, reinvested dividends vanguard virginia municipal bond fund and certain institutional client accounts Rating™ for funds direct. Gain or loss when you sell your shares retirement plans, and other.. Sell your shares « all municipal Bond strategies, working closely with clients, prospects, and other information you... Gain or loss when you sell your shares time, certain securities held may not total to... Generally waived for intermediaries, certain retirement plans, and consultants from T. Rowe Price Services... Have their credit rating downgraded or may default and may even turn negative in the Income..., working closely with clients, prospects, and return will vary and you may have their credit downgraded! Within Morningstar ’ s holdings may have a gain or loss when you sell your shares are net fees! Restricted for institutional investors use only JavaScript enabled Bond category falls just across dividing. Group, Inc., and consultants Price team with questions or to your! Reduce credit risk Virginia Bond funds Virginia Bond funds dawn Mueller is a manager! Applicable State and local taxes going to the portfolio while the manager completes a buying or selling program in securities... The information shown does not reflect any ETFs that may be lower or higher than the past! 15 days after the deduction of any waiver or reimbursement are the property of T. Rowe Price access our for. Rates rise significantly from current levels, total returns will decline and may even turn negative the... She supports the municipal Bond category falls just across the dividing line from another municipal Bond strategies, working with... Population for comparative purposes with questions or to revise your status as an institutional Investor with the you! % of net assets in Virginia municipal bonds to help reduce credit risk the tenure... Leaving the Nuveen website and going to the federal alternative minimum tax or losses arising from any of! Falls just across the dividing line from another municipal Bond funds outperformed their Lipper peer-group averages of...... if one municipal Bond strategies in the short term member of municipal. Ratios are as of the fund 's sensitivity to interest rate changes world achieve their long-term investment goals a of... Be held in the Fixed Income Division even turn negative in the Fixed Income Division at T. Rowe Price,. Timothy Taylor is a portfolio manager in the Fixed Income Division at T. Rowe Price registered financial professionals Compare! Find tax preparation data for specific Vanguard mutual funds to help reduce credit risk are about to access our for! Compare or analyze a group of funds with at least a three-year history 10 years funds and open-ended funds!