VMLUX — Vanguard Ltd-Term Tx-Ex Adm
Vanguard Ltd-Term Tx-Ex Adm (VMLUX)
VMLUX pays a 0.03% distribution rate, on a 0.09% expense ratio. Its Distribution Safety Score™ is 90 (Safe), giving a Safety-Adjusted Yield of 0.03%. Distributions grew 2.0% over the past year. Total return is 89.2% over the past 25.5 years, 730.3 points behind SPY at 819.5%. Its deepest 1-year drawdown was 1.5%.
Vanguard's limited-term municipal bond fund holds at least 75% in high-quality tax-exempt municipal bonds, with smaller allocations permitted to medium and lower-quality issues. The fund produces a modest current distribution rate and carries a very low expense ratio of 0.09%. It appeals to tax-conscious investors in higher tax brackets seeking tax-free current income from municipal bonds with near-term maturities.
VMLUX key facts
- Distribution Safety Score™
- 90 · Safe
- Safety-Adjusted Yield
- 0.03%
- Issuer
- Vanguard
- Asset type
- Mutual Fund
- Asset class
- Fixed Income
- Expense ratio
- 0.09%
- Distribution rate
- 0.03%
- Trailing yield
- 3.18%
- Last close
- $10.94
- AUM
- $26,156,785,664
- Average volume
- 0.0
- Last dividend
- $0.0293
- Ex-dividend date
- 07/31/2026
- Payment date
- 08/03/2026
- Beta
- 0.38
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