VMATX — Vanguard Massachusetts Tax-Exempt Fund
Data updated: 2026-07-29
VMATX — Vanguard Massachusetts Tax-Exempt Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $3.69B AUM · 0.09% expense ratio · 7.9% 1-yr return. From SEC regulatory filings.
VMATX Fund Overview
VMATX — Vanguard Massachusetts Tax-Exempt Fund is a US mutual fund managed by Vanguard Massachusetts Tax-Exempt 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 Massachusetts Tax-Exempt Funds
- Category: Long Municipal - National Bond
- Assets under management: $3.69B
- 1-year return: 7.9%
- Ticker: VMATX
- SEC CIK: 0001070414
- SEC series ID: S000002870
- Share class ID: C000007887
VMATX Holdings
Top 10 holdings of Vanguard Massachusetts Tax-Exempt Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Massachusetts Development Finance Agency | 1.40% |
| Commonwealth of Massachusetts | 1.16% |
| Massachusetts Development Finance Agency | 1.12% |
| City of Quincy MA | 0.98% |
| Massachusetts School Building Authority | 0.95% |
| Massachusetts Development Finance Agency | 0.95% |
| Massachusetts Development Finance Agency | 0.89% |
| Commonwealth of Massachusetts Transportation Fund Revenue | 0.83% |
| Commonwealth of Massachusetts | 0.82% |
| Commonwealth of Massachusetts | 0.78% |
VMATX Portfolio Allocation
Asset-class allocation of Vanguard Massachusetts Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 100.9% |
VMATX Performance
Total returns for VMATX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.6% |
| 1 year | 7.9% |
| 3 years (annualised) | 4.2% |
| 5 years (annualised) | 0.8% |
VMATX Risk Information
Risk metrics for VMATX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.5%
VMATX Costs and Fees
VMATX costs about $9 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.09%
- Gross expense ratio: 0.09%
- Portfolio turnover: 44%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
VMATX Cashflows
Over the 12 months to 2026-02, Vanguard Massachusetts Tax-Exempt Fund had net inflows of $578.46M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $57.69M |
| 2026-01 | $62.20M |
| 2025-12 | $44.52M |
| 2025-11 | $46.95M |
| 2025-10 | $54.35M |
| 2025-09 | $65.40M |
VMATX Debt Constituents
Largest debt holdings of Vanguard Massachusetts Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Massachusetts Development Finance Agency | 1.40% |
| Commonwealth of Massachusetts | 1.16% |
| Massachusetts Development Finance Agency | 1.12% |
| City of Quincy MA | 0.98% |
| Massachusetts School Building Authority | 0.95% |
| Massachusetts Development Finance Agency | 0.95% |
| Massachusetts Development Finance Agency | 0.89% |
| Commonwealth of Massachusetts Transportation Fund Revenue | 0.83% |
| Commonwealth of Massachusetts | 0.82% |
| Commonwealth of Massachusetts | 0.78% |
VMATX Prospectus and SEC Filings
Official Vanguard Massachusetts 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.