VCAIX — Vanguard California Intermediate-Term Tax-Exempt Fund
Data updated: 2026-07-29
VCAIX — Vanguard California Intermediate-Term Tax-Exempt Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $19.22B AUM · 0.14% expense ratio · 6.5% 1-yr return. From SEC regulatory filings.
VCAIX Fund Overview
VCAIX — Vanguard California Intermediate-Term Tax-Exempt Fund is a US mutual fund managed by Vanguard California Tax-Free Funds, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Vanguard California Tax-Free Funds
- Category: Long Municipal - National Bond
- Assets under management: $19.22B
- 1-year return: 6.5%
- Ticker: VCAIX
- SEC CIK: 0000783401
- SEC series ID: S000002566
- Share class ID: C000007066
VCAIX Holdings
Top 10 holdings of Vanguard California Intermediate-Term Tax-Exempt Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| California Community Choice Financing Authority | 0.80% |
| California Community Choice Financing Authority | 0.70% |
| California Community Choice Financing Authority | 0.68% |
| California Community Choice Financing Authority | 0.66% |
| California Community Choice Financing Authority | 0.65% |
| California Community Choice Financing Authority | 0.64% |
| California Community Choice Financing Authority | 0.63% |
| California Community Choice Financing Authority | 0.63% |
| California Community Choice Financing Authority | 0.58% |
| California Community Choice Financing Authority | 0.58% |
VCAIX Portfolio Allocation
Asset-class allocation of Vanguard California Intermediate-Term Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.3% |
| Securitized | 0.6% |
VCAIX Performance
Total returns for VCAIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.0% |
| 1 year | 6.5% |
| 3 years (annualised) | 4.1% |
| 5 years (annualised) | 1.3% |
VCAIX Risk Information
Risk metrics for VCAIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.6%
VCAIX Costs and Fees
VCAIX costs about $14 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.14%
- Gross expense ratio: 0.14%
- Portfolio turnover: 19%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
VCAIX Cashflows
Over the 12 months to 2026-02, Vanguard California Intermediate-Term Tax-Exempt Fund had net inflows of $2.16B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $241.33M |
| 2026-01 | $269.27M |
| 2025-12 | $218.95M |
| 2025-11 | $193.57M |
| 2025-10 | $223.49M |
| 2025-09 | $294.58M |
VCAIX Debt Constituents
Largest debt holdings of Vanguard California Intermediate-Term Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| California Community Choice Financing Authority | 0.80% |
| California Community Choice Financing Authority | 0.70% |
| California Community Choice Financing Authority | 0.68% |
| California Community Choice Financing Authority | 0.66% |
| California Community Choice Financing Authority | 0.65% |
| California Community Choice Financing Authority | 0.64% |
| California Community Choice Financing Authority | 0.63% |
| California Community Choice Financing Authority | 0.63% |
| California Community Choice Financing Authority | 0.58% |
| California Community Choice Financing Authority | 0.58% |
VCAIX Prospectus and SEC Filings
Official Vanguard California Intermediate-Term Tax-Exempt Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.