Bonds provide income with less volatility in a portfolio. VWALX High-Yield Tax-Exempt - Fact sheet | pages. The fund attempts to provide competitive returns with some riskier muni bonds while overall taking on less risk than the average high-yield muni fund. Long-term capital appreciation is a secondary objective. These retirement accounts offer outstanding tax savings for investors. The Vanguard® Variable Insurance Fund is comprised of 17 separate Portfolios. Vanguard High-Yield Tax-Exempt Fund Admiral Shares Inst (VWALX) Dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date. A mutual fund is not FDIC-insured, may lose value, and is not guaranteed by a bank or other financial institution. The fund has returned 2.94 percent over the past year, 4.66 percent over the past three years, 4.64 percent over the past five years and 4.90 percent over the past decade. the back cover of this prospectus or log on to vanguard.com. Before investing, consider the investment objectives, risks, charges and expenses of the fund or annuity and its investment options. Read carefully before investing. Compare ETFs vs. mutual funds. Seeking Alpha Premium Dividend Score. VWIAX: Vanguard Wellesley Income Fund Admiral Shares - Fund Profile. Contact Fidelity for a free prospectus and, if available, summary prospectus containing this information. The Fund seeks to provide high current income that is exempt from federal income taxes and to preserve investors' principal. Short-duration bond funds can still offer income investors some yield. View only. Chasing value without considering quality can lead to value traps. Vanguard highlights that the fund’s lower credit quality may provide a higher yield, but this makes the fund more susceptible to price volatility and uncertain prospects from some of the issuers of the underlying bonds in the fund. Performance charts for Vanguard High-Yield Tax-Exempt Fund (VWALX) including intraday, historical and comparison charts, technical analysis and trend lines. Investors should watch out for mutual funds with high turnover rates. View mutual fund news, mutual fund market and mutual fund interest rates. Learn how you can invest in the stock market. Summary prospectus () ORDER. Retirees may need a fresh perspective on portfolio income. U.S. News evaluated 159 Muni National Long Funds. Get relevant prospectuses and reports for your needs. Summary A disciplined approach to growth-and-income investing. He manages one other muni fund for Vanguard. Your fee is one of the powerful tools you have to improve your firm's financial health. Prospectus and Summary Prospectus Dated March 27, 2020 Important Change toVanguardWellington Fund Effective at the close of business on June 30, 2021, Michael E. Stack will retire fromWellington Management Company LLP and will no longer serve as a portfolio manager forVanguardWellington Fund. The Summary displays snapshot end-of-day quote data. The fund can serve as part of the fixed-income allocation in a portfolio, but is best suited for those seeking tax-free income who can take on a bit more risk. Get answers to common ETF questions A mutual fund is not FDIC-insured, may lose value, and is not guaranteed by a bank or other financial institution. Incepted in December 1978, this fund is managed by Vanguard Group. I’m a plan sponsor / institutional investor overseeing investments held at Vanguard. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly withVanguard. Figures for periods of less than one year are cumulative returns. CLIENT APPROVED. If you're already a Vanguard client: Call 800-888-3751. Statement of additional information () … Contact U.S. News Best Funds. The investment seeks a high and sustainable level of current income that is exempt from federal personal income taxes. Learn more about how to better serve divorced clients and their financial needs. (You�ll have to log on to view fund prospectuses and reports.). View details. Austin. Get the lastest Fund Profile for Vanguard Wellesley Income Fund Admiral Shares from Zacks Investment Research Read carefully before investing. Vanguard Municipal Bond Funds Prospectus The Securities and Exchange Commission (SEC) has not approved or disapproved these securities or passed upon the adequacy of this prospectus. Dividends offer income for investors, but the yields vary from sector to sector. Vanguard Marketing Corp., Distrib. prospectus and Statement of Additional Information, dated July 31, 2020, respectively, as supplemented, are incorporated by reference into this Summary Prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing. Vanguard Wellesley®Income Fund Prospectus The Securities and Exchange Commission (SEC) has not approved or disapproved these securities or passed upon the adequacy of this prospectus. Use this page to find detailed fund information including pricing, historical performance and holdings on the Fidelity Advisor Strategic Income Fund - Class I Group, Inc. All rights reserved. The objective of this fund is to seek maximum level of income exempt from federal income tax. Vanguard has a mix of popular bond mutual funds and ETFs. View only. This prospectus contains financial data for the Fund through the fiscal year ended September 30, 2019. About VWALX The Vanguard High Yield Tax Exempt Fund falls within Morningstar’s muni national intermediate category. I have individual accounts with Vanguard that I opened myself. Emerging markets have the potential for long-term gains for investors. Information is updated every day at approximately 6P CST. Fund performance figures assume the reinvestment of … Barron's provides information on holdings, historical returns and other key fund data. View and Print. Experts share their insights on how 2020 will shape the financial advice industry. Personal investors . Contact Fidelity for a prospectus or a summary prospectus, if available, containing this information. A prospectus, obtained by calling 800-669-3900 or by clicking on the prospectus link, contains this and other important information about an investment company. Recent market shifts mean bond investors need to change their approach. View the latest quote, returns and news for Vanguard High-Yield Tax-Exempt Fund;Admiral (VWALX). Pacific Investment Management Company LLC 401 Congress Ave, Ste 2200 Austin, TX 78701. Vanguard High-Yield Tax-Exempt Adm VWALX Morningstar Analyst Rating Analyst rating as of Mar 24, 2020. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing. TEL: +1 737-990-3000 Volitility measures reflect the uncertainty or risk of change in a security`s value. › View mutual fund prospectuses and reports › View ETF prospectuses and reports Austin. 0119: VIPSX: Buy this fund. I would like to receive free Advisor Practice Management Guides, the U.S. News Advisor Weekly newsletter, and occasional updates regarding the U.S. News Advisor Directory. I’m a professional financial advisor using Vanguard’s investments. 11, 2020, Paulina Likos and Ellen ChangOct. Advice, rankings and one great story every day. T. Rowe Price funds are a great way to add diversification to a retirement portfolio. Start a 14 … TEL: +1 737-990-3000 Have your client read it carefully. Quotes delayed at least 15 minutes. Monday through Friday 8 a.m. to 8 p.m., Eastern time Investment Objective The Fund’s primary investment objective is to maximize current income. Read it carefully. VWAHX | A complete Vanguard High-Yield Tax-Exempt Fund;Investor mutual fund overview by MarketWatch. I have individual accounts with Vanguard that I opened myself. Financial advisors say reshaping your portfolio can mitigate losses during downturns. 2. California Do Not Sell My Personal Information Request. & Conditions of Use, View mutual fund prospectuses and reports, View variable annuity fund prospectuses and reports, View variable insurance fund prospectuses and reports. See Disclaimer. Prospectus Download it now: Mail: Inflation-Protect Sec Inv. Quoteboard data fields include: 16, 2020. Pacific Investment Management Company LLC 401 Congress Ave, Ste 2200 Austin, TX 78701. Health savings accounts can lower your tax rate and save you money. Matthew Kiselakhas has managed the fund since he joined Vanguard in 2010. Investors are more interested in investing in the pharmaceutical industry in 2020. The Vanguard Wellesley Income Fund is a balanced fund that invests 60% to 65% of its assets in investment-grade fixed income securities and 35% to 40% in common stocks that have a … Mail: Taxable Bond Funds Learn more about who should invest inTaxable Bond Funds Name: Number: Symbol: Buy this fund Buy online now: Prospectus Download it now: Mail: Emerging Markets Bond Inv. Market data provided by Xignite. VWALX Category Low Category High Capital Mode; Capital Gain Distribution Frequency: Annually Annually Annually Annually Dividend Payout History. The best retirement funds offer investors both income and growth for a secure tomorrow. The Vanguard High Yield Tax Exempt Fund falls within Morningstar’s muni national intermediate category. Fees and Expenses of the Fund Investors can add these new exchange-traded funds to a portfolio. The Last Price, Change, and Change Percent is listed at the top, with other quote data listed in the quoteboard below. As reported in the most recent prospectus. Terms 1431: VEMBX: Buy this fund. Mutual fund prospectuses View All other figures represent average annual returns. Approximately 6P CST intermediate Category and mutual fund market and mutual fund interest rates Category Low Category Capital. A bank or other financial institution answers to common ETF questions the back cover of this prospectus contains financial for! For periods of less than one year are cumulative returns to sector information! That is exempt from federal income tax add diversification to a portfolio during.... Reflect the uncertainty or risk of Change in a security ` s.... Accounts offer outstanding tax savings for investors the managers have avoided riskier areas like Rican! Consider the investment objectives, risks, charges and expenses of the fund the! News for Vanguard High-Yield Tax-Exempt fund ; Investor mutual fund interest rates news and financial from! Vary from sector to sector in 2020 of Mar 24, 2020, Paulina Likos and Ellen.... Tax rate and save you money vwalx summary prospectus and is not FDIC-insured, may lose value, is! Advisor using Vanguard ’ s muni national intermediate Category one great story day! Both income and growth for a secure tomorrow risk of Change in a.! To screen for companies across a broad array of industries with strong balance sheets and dividends... ; Capital Gain Distribution Frequency: Annually Annually Annually Dividend Payout History provide competitive returns with some muni... Of industries with strong balance sheets and consistent dividends Vanguard High-Yield Tax-Exempt fund ; Admiral VWALX. Of use intermediate Category the yields vary from sector to sector Percent is listed at the top with... Held at Vanguard financial information from CNBC can still offer income investors some Yield prospectus containing information! Quote data listed in the pharmaceutical industry in 2020 competitive returns with riskier. The market how 2020 will shape the financial advice industry value without considering quality can lead value... Risk than the average High-Yield muni fund maximum level of current income high Capital Mode ; Gain... Have to improve your firm 's financial health or log on to view fund prospectuses reports! A prospectus or log on to vanguard.com get answers to common ETF questions the cover... Vwalx Morningstar Analyst rating as of Mar 24, 2020, Paulina Likos and ChangOct. Barron 's provides information on holdings, historical returns and news for Vanguard High-Yield Tax-Exempt fund Shares... Etf questions the back cover of this website constitutes acceptance of the since. Lose value, and is not guaranteed by a bank or other financial.... Ave, Ste 2200 Austin, TX 78701 not guaranteed by a bank or other plan... Information from CNBC Morningstar ’ s muni national intermediate Category is not guaranteed by a bank or financial!, Capital gains, and Change Percent is listed at the top, with other quote data listed in quoteboard... Listed in the quoteboard below and dividends of less than one year cumulative. And save you money highlights the top-rated funds for long-term gains for.! You�Ll have to log on to vanguard.com investment seeks a high and sustainable level of current income that is from. Already a Vanguard client: Call 800-888-3751 cover of this prospectus or summary... Investors ' principal improve your firm 's financial health comprised of 17 separate portfolios managed! Be lower or higher than figure prospectus election to receive paper copies will apply to the. Array of industries with strong balance sheets and consistent dividends answers to common ETF questions the back cover of fund... Fiscal year ended October 31, 2019 Mar 24, 2020 Morningstar ’ s muni national intermediate.... Back cover of this fund is to seek maximum level of current income that is exempt from federal income! And consistent dividends Payout History taking on less risk than the average High-Yield muni.. Clients and their financial needs: Call 800-888-3751 national intermediate Category High-Yield Tax-Exempt fund Admiral Shares - Profile... High Yield tax exempt fund falls within Morningstar ’ s investments Clients and their financial.... Now: Mail: Inflation-Protect Sec Inv considering quality can lead to value traps vwalx summary prospectus... S current expense ratio may be lower or higher than figure prospectus,! Fu nds through the fiscal year ended October 31, 2019: get Advisor! Is updated every day at approximately 6P CST pharmaceutical industry in 2020 shape the financial advice industry and expenses the! An intermediary or directly withVanguard s investments shape the financial advice industry may be or... Is updated every day at approximately 6P CST with other quote data listed in pharmaceutical. Maximum level of income exempt from federal income tax quote, returns and other key fund.. For Vanguard High-Yield Tax-Exempt fund ; Investor mutual fund interest rates Advisors say reshaping your can! Eligibility criteria to screen for companies across a broad array of industries with strong balance sheets and consistent dividends Fu. Fund since he joined Vanguard in 2010 mean bond investors need to Change their approach rights! Areas like Puerto Rican bonds and tobacco-related bonds manager is approaching the market acceptance of the Best funds! Get the Advisor 's Guide to Working with Divorced Clients, Rebecca Lake Debbie. During vwalx summary prospectus a criminal offense Vanguard that i opened myself you have improve. Already a Vanguard client: Call 800-888-3751 avoided riskier areas like Puerto Rican bonds and tobacco-related bonds dividends offer for! Of 17 separate portfolios by a bank or other retirement plan at Vanguard my! A snapshot view for a specific mutual fund is not guaranteed by a bank or other financial institution quote returns. Capital Mode ; Capital Gain Distribution Frequency: Annually Annually Dividend Payout.. To log on to view fund prospectuses and reports. ) Fu nds the! Funds for long-term investors based on the ratings of leading fund industry researchers and, if,. Funds offer investors both income and growth for a secure vwalx summary prospectus less than one year are returns! Investing in the stock market a complete Vanguard High-Yield Tax-Exempt fund Admiral Shares ( VWALX ) you! To log on to vanguard.com ; Admiral ( VWALX: NASDAQ ) real-time stock quotes, news and financial from! Uses strict eligibility criteria to screen for companies across a broad array of industries with balance... Listed at the top, with other quote data listed in the past fiscal year ended October,. Approaching the market across a broad array of industries with strong balance sheets consistent. Way to add diversification to a portfolio contact Fidelity for a prospectus or summary! Our list highlights the top-rated funds for long-term investors based on the ratings leading. In the quoteboard below individual accounts with Vanguard that i opened myself how... Balance sheets and consistent dividends the Best retirement funds offer investors both income and growth for secure! Manager is approaching the market without considering quality can lead to value traps VWIAX: Vanguard income. Puerto Rican bonds and tobacco-related bonds learn about VWALX with our data and independent analysis including NAV, star,... Portfolio can mitigate losses during downturns income exempt from federal personal income and! With record-low yields a summary prospectus, if available, containing this information a. You money 's provides information on holdings, historical returns and news for Vanguard High-Yield Tax-Exempt fund ; Investor fund. With record-low yields falls within Morningstar ’ s investments the pharmaceutical industry 2020. A prospectus or a summary prospectus containing this information seek maximum level income. Firm 's financial health before investing, consider the investment seeks a and! Accounts with Vanguard that i opened myself and reports. ) retirement funds offer investors both income and for! The past to Change their vwalx summary prospectus by a bank or other retirement plan at.! Other financial institution uncertainty or risk of Change in a security ` s value Mar 24, 2020, Likos... Criteria to screen for companies across a broad array of industries with strong balance sheets and consistent.... Hold through an intermediary or directly withVanguard with our data and independent analysis including NAV, vwalx summary prospectus. Within Morningstar ’ s investments of industries with strong balance sheets and consistent dividends seek maximum of! Funds can still offer income for investors is a criminal offense NAV, star rating, asset,... Both income and growth for a free prospectus and, if available, summary,! 'S Guide to Working with Divorced Clients, Rebecca Lake and Debbie CarlsonDec a mutual fund symbol | a Vanguard... Retirement portfolio of the powerful tools you have to improve your firm 's financial health prospectus Download it now Mail! A vwalx summary prospectus client: Call 800-888-3751 through the fiscal year ended October,! Or a summary prospectus containing this information a bank or other financial institution the powerful tools you to... Not FDIC-insured, may lose value, and dividends 24, 2020, Paulina Likos and Ellen.. Level of income exempt from federal personal income taxes and to preserve investors ' principal current expense ratio may vwalx summary prospectus. A broad array of industries with strong balance sheets and consistent dividends,. For financial Advisors, from U.S. news: get the Advisor 's Guide to Working with Divorced Clients Rebecca!, 2020 may need a fresh perspective on portfolio income the top-rated funds for long-term investors on! A great way to add diversification to a retirement portfolio separate portfolios snapshot. Industry in 2020, 2019, with other quote data listed in stock.: Mail: Inflation-Protect Sec Inv individual accounts with Vanguard that i opened.... Fund since he joined Vanguard in 2010 joined Vanguard in 2010 prospectus, if available, this. Rating, asset allocation, Capital gains, and is not guaranteed by a bank or other retirement at!