Advertisement
Skip to Content
Morningstar

Vanguard Ultra Short-Term Tx-Ex Adm VWSUX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 15.60  /  0.08 %
  • Total Assets 17.8 Bil
  • Adj. Expense Ratio
    0.090%
  • Expense Ratio 0.090%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 50,000
  • Status Open
  • TTM Yield 1.86%
  • Effective Duration 1.04 years

USD | NAV as of Jun 09, 2023 | 1-Day Return as of Jun 09, 2023, 10:18 PM GMT+0

Morningstar’s Analysis VWSUX

Will VWSUX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VWSUX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the VWSUX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of VWSUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Still one of the best ultra short muni offerings.

Associate Analyst Elizabeth Templeton

Elizabeth Templeton

Associate Analyst

Summary

Vanguard Ultra Short-Term Tax-Exempt Bond continues to be one of the strongest candidates for straightforward exposure to the shorter end of the municipal market. The strategy's cheaper admiral share class earns a Morningstar Analyst Rating of Gold, while its investor shares are rated Silver.

by Elizabeth Templeton
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings VWSUX

More VWSUX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 5115
  • Other Holdings 2
  • % Assets in Top 10 Holdings 6.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Municmt 0 12/31/2049

1.36
249,647,675
Cash and Equivalents

NUVEEN INSD TAX-FREE ADVANTAGE MUN FD

1.00
183,500,000
municipal

TENDER OPT BD TR RCPTS / CTFS VAR STS

0.78
142,600,000
municipal

NUVEEN INSD TAX-FREE ADVANTAGE MUN FD

0.75
137,000,000
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV

0.63
115,638,602
municipal

NUVEEN INSD TAX-FREE ADVANTAGE MUN FD

0.60
110,740,000
municipal

TEXAS ST

0.58
106,500,000
municipal

BROOKHAVEN GA DEV AUTH REV

0.50
92,400,000
municipal

NUVEEN AMT-FREE MUN CR INCOME FD

0.49
90,000,000
municipal

ALLEGHENY CNTY PA HOSP DEV AUTH REV

0.48
88,648,441
municipal