DV
Dividend Vision

VCAIX — Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares

Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares (VCAIX)

VCAIX pays a 0.03% distribution rate, on a 0.14% expense ratio. Its Distribution Safety Score™ is 100 (Safe), giving a Safety-Adjusted Yield of 0.03%. Distributions grew 5.4% over the past year. Total return is 268.5% over the past 32.3 years, 2710.8 points behind SPY at 2979.3%. Its deepest 1-year drawdown was 3.0%.

Vanguard California Intermediate-Term Tax-Exempt Fund Investor Shares is a mutual fund that invests primarily in high-quality municipal bonds issued by California state and local governments, with at least 80% of assets in securities whose income is exempt from federal and California state taxes and a dollar-weighted average maturity between 6 and 12 years. The fund carries a modest expense ratio of 0.14% and offers a current distribution rate in the low single digits. It appeals to California residents in higher tax brackets seeking tax-advantaged fixed-income exposure with intermediate-term maturity characteristics.

VCAIX key facts

Distribution Safety Score™
100 · Safe
Safety-Adjusted Yield
0.03%
Issuer
Vanguard
Asset type
Mutual Fund
Asset class
Fixed Income
Inception date
03/04/1994
Expense ratio
0.14%
Distribution rate
0.03%
Trailing yield
3.16%
Last close
$11.42
AUM
$19,429,520,000
Average volume
0.0
Last dividend
$0.0306
Ex-dividend date
07/31/2026
Payment date
08/03/2026
Beta
0.82