Vanguard Intermediate-Term Tax-Exempt Fund

Scorecard
4 / 5 Stars
Lipper
4 4 3 5 5
Zacks Investment Research
3 (Hold)
Standard & Poor's
5 / 5 Stars
TheStreet.com
B+ (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 5.8 5.8
Stocks 0.0 0.0
Bonds 94.2 94.2
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 12.31.2012

Top 10 Holdings

Performance as of 04.30.2013

Portfolio as of 12.31.2012

% Net Assets
New Jersey Econ Dev Auth 5.5% 0.27
California St Go Bds 5.75% 0.24
Buckeye Ohio Tob Settlement Fi To 5.125% 0.23
Massachusetts St G.O Bds 5.5% 0.23
North Tex Twy Auth 5.75% 0.22
Texas St Pub Fin Auth 5% 0.22
Golden St Tob Securitization C Ass 6.75% 0.21
Texas Mun Gas Acquisition & Su Sr 5.625% 0.21
Michigan Fin Auth 5% 0.2
Citizens Ppty Ins Corp Fla Senior Se 5% 0.2

Bond Ratings (%)

Updated 12.31.2012

Sector VWITX
AAA 16.17
AA 50.43
A 28.38
BBB 3.63
BB 0.04
B 0.74
Below B 0.0
Other 0.61
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