Mutual Fund Insights: Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX)

In-depth Analysis of Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX)

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See Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) performance details as of February 28, 2010

  

Last Trade: $11.11 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Marlin G. Brown

Fund Manager Tenure: 2.1 years   [Similar Funds: VMLTX ]
Fundmojo Fund Grade: A (Score: 0.7)     (What does this score mean?)

Marlin G. Brown has been a portfolio manager with Vanguard Fixed Income Group since 1996. Marlin G. Brown has worked in investment management since 1986.  Get more insights on Marlin G. Brown

  

 What we like about Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX)

Data for Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) as of February 28, 2010

• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) is a new fund and has been performing well against its peers for both three-month and 1-year performance
• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) has good short-term performance (1-year return 5.05% vs 4.82 % Muni National Short category average)
• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) has good mid-term performance (3-year return 4.47% vs 3.45 % Muni National Short category average)
• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) has good Long-term performance (5-year return 3.78% vs 3.04 % Muni National Short category average)
• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) ratio of up-years vs down years is greater than 2
• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) has a Morningstar rating of 4 and above
• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) has an annual stock turnover rate of 11.00% vs Muni National Short average of 40.25%. It is good that Vanguard Ltd-Term Tx-Ex Adm management does not trade extensively for its return.
• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) is less volatile than its peers as it has a 3-year Standard Deviation of 2.49, lower than category average of 2.59
• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) has a lower management fee than its Muni National Short average: 0.12% vs 0.84%
• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX)

Data for Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) as of February 28, 2010

• Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) management has been with Vanguard Ltd-Term Tx-Ex Adm Fund for only 2.1 years, it is hard to judge manager's ability based on this fund's operation record

See Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) performance details as of February 28, 2010

  

  

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Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) Net Asset

Track net asset change of Vanguard Ltd-Term Tx-Ex Adm fund (VMLUX)

Date	Net Asset
02/2010	$13.10B
01/2010	$9.41B
11/2009	$8.99B

More historic net asset information on Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX)

  

Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) Portfolio Allocation

Track portfolio allocation change of Vanguard Ltd-Term Tx-Ex Adm fund (VMLUX)

Date	Cash	Stock	Bond	Other
09/2009	6.05%	0%	93.95%	0%
07/2009	5.61%	0%	94.39%	0%
06/2009	5.97%	0%	93.64%	0.39%

Click here to see more historic asset allocation information on Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX)

  

Most Recent Top 10 Holdings in Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX)

Discover what Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX) manager is buying

30-Sep-09 CMT MUNICIPAL RATE 4.01% [2.08%] North Tex Twy Auth 5.25% [0.65%] Golden St Tob Securitization C Ass 6.25% [0.64%] Tobacco Settlement Fing Corp N Ass 5.75% [0.64%] Metropolitan Transn Auth 5% [0.49%] Usf Fing Corp Fla Ctfs Partn Var Cops [0.47%] Long Island Pwr Auth 5% [0.46%] Puerto Rico Sales Tax Fing Cor Rev Bd 5% [0.46%] New York N Y City Transitional Future 5% [0.45%] New York N Y Adj Go Bd [0.44%]

31-Jul-09 CMT MUNICIPAL RATE 4.01% [2.16%] Golden St Tob Securitization C Ass 6.25% [0.69%] North Tex Twy Auth 5.25% [0.69%] Tobacco Settlement Fing Corp N Ass 5.75% [0.69%] Metropolitan Transn Auth 5% [0.51%] Usf Fing Corp Fla Ctfs Partn Var Cops [0.5%] New York N Y Adj Go Bd [0.5%] Long Island Pwr Auth 5% [0.5%] PUERTO RICO SALES TAX FING COR REV BDS [0.48%] Engy Northwest Wash Elec Rev Elec 5% [0.46%]

30-Jun-09 CMT MUNICIPAL RATE 4.01% [2.22%] North Tex Twy Auth 5.25% [0.72%] Tobacco Settlement Fing Corp N Ass 5.75% [0.71%] Golden St Tob Securitization C Ass 6.25% [0.71%] Usf Fing Corp Fla Ctfs Partn Var Cops [0.53%] Metropolitan Transn Auth 5% [0.52%] New York N Y Adj Go Bd [0.52%] Long Island Pwr Auth 5% [0.52%] PUERTO RICO SALES TAX FING COR REV BDS [0.5%] Engy Northwest Wash Elec Rev Elec 5% [0.48%]

Click here for Stock Holding Change Map in Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX)

  

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See more information on Vanguard Ltd-Term Tx-Ex Adm Fund (VMLUX)

• Vanguard Ltd-Term Tx-Ex Adm Fund Insights
• Vanguard Ltd-Term Tx-Ex Adm Fund Performance Data
• Vanguard Ltd-Term Tx-Ex Adm Fund News
• Vanguard Ltd-Term Tx-Ex Adm Fund Score Explaination
• Vanguard Ltd-Term Tx-Ex Adm Fund Manager Information
• Historic Vanguard Ltd-Term Tx-Ex Adm Fund Asset Allocation Report
• Historic Vanguard Ltd-Term Tx-Ex Adm Fund Top 10 Holding Tracking
• Historic Vanguard Ltd-Term Tx-Ex Adm Fund Asset Under Management Tracking