Vanguard Intermediate-Term Tax-Exempt Fund

Scorecard
4 / 5 Stars
Lipper
4 4 3 5 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
TheStreet.com
A+ (Buy)

Fund Holdings

The fund invests primarily in municipal bonds. At least 75 percent of holdings must be in investments in the top three credit-rating categories. It can also invest up to 5 percent in non-investment-grade holdings.

Asset Allocation

% Long % Net
Cash 3.36 3.36
Stocks 0.0 0.0
Bonds 96.64 96.64
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

% Net Assets
California St Go Bds 5.75% 0.27
Massachusetts St G.O Bds 5.5% 0.25
California St Go Bds 5% 0.25
North Tex Twy Auth 5.75% 0.25
Texas St Pub Fin Auth 5% 0.24
Golden St Tob Securitization C Toba 4.5% 0.23
Chicago Ill Brd Ed Ctfs 0.23
Houston Tex Higher Ed Fin Corp Rev Ref B 0.23
Citizens Ppty Ins Corp Fla Senior Se 5% 0.22
Michigan Fin Auth 5% 0.22

Bond Ratings (%)

Updated 12.31.2013

Sector VWITX
AAA 16.52
AA 48.37
A 30.67
BBB 3.07
BB 0.13
B 0.56
Below B 0.0
Other 0.68