VMLTX Holdings — Vanguard Limited-Term Tax-Exempt Fund
Data updated: 2026-09-28
VMLTX holds 7,372 securities. The top 10 make up 5.4% of net assets, led by Vanguard Municipal Cash Management Fund (2.43%) and Southeast Energy-E (0.38%). Municipal Bonds (97.3%) and Funds & ETFs (2.4%) are the largest sectors, and 100.0% of the portfolio is in United States. Debt holdings: 7,366 positions, 96.5% of assets.
Holdings cover 100.00% of net asset value (98.94% of total assets; remainder is cash and receivables). As of July 31, 2026 · N-PORT.
VMLTX Portfolio Holdings
7,372 holdings of Vanguard Limited-Term Tax-Exempt Fund by percentage of net assets, from the fund's SEC N-PORT filing as of July 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 7,372. The full list of 7,372 holdings can be downloaded as a CSV file from this page.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Vanguard Municipal Cash Management Fund | — | Funds & ETFs | 2.43% | $857,871,706 |
| Southeast Energy-E | — | Municipal Bonds | 0.38% | $132,497,600 |
| Nuveen-Amt-Free-C | — | Municipal Bonds | 0.36% | $127,700,000 |
| Black Belt Energy Gas | — | Municipal Bonds | 0.36% | $125,531,861 |
| Black Belt Energy Gas | — | Municipal Bonds | 0.35% | $123,426,509 |
| Main St Nat Gas, Inc. | — | Municipal Bonds | 0.31% | $110,886,845 |
| Nuveen Amt-Free-D | — | Municipal Bonds | 0.31% | $110,740,000 |
| Ca Cmnty Choice-D | — | Municipal Bonds | 0.31% | $109,724,282 |
| Black Belt Energy Gas | — | Municipal Bonds | 0.30% | $107,173,751 |
| Ky Pub Energy Auth-A | — | Municipal Bonds | 0.30% | $105,600,357 |
| Tn Energy Acq Corp.-A- | — | Municipal Bonds | 0.29% | $103,652,518 |
| Nm Muni Energy Acq Au | — | Municipal Bonds | 0.29% | $103,663,000 |
| Allegheny Co. Hosp Dev | — | Municipal Bonds | 0.29% | $102,648,171 |
| Main Street Nat Gas-C | — | Municipal Bonds | 0.29% | $101,895,224 |
| Ca Cmnty Choice-B | — | Municipal Bonds | 0.28% | $97,271,336 |
| Energy Southeast-B | — | Municipal Bonds | 0.27% | $96,997,587 |
| Black Belt Energy Gas | — | Municipal Bonds | 0.27% | $95,657,861 |
| Southeast Energy Auth | — | Municipal Bonds | 0.26% | $92,737,681 |
| Centrl Plains-A | — | Municipal Bonds | 0.26% | $91,822,507 |
| Restructured-Ser A1 | — | Municipal Bonds | 0.24% | $85,480,188 |
| Texas St Muni Gas Acq | — | Municipal Bonds | 0.24% | $83,980,733 |
| Tennergy Corp. -A | — | Municipal Bonds | 0.23% | $79,507,972 |
| Main Street Ntrl Gas | — | Municipal Bonds | 0.22% | $79,056,298 |
| Ca Cmnty Choice Fin-C | — | Municipal Bonds | 0.21% | $74,725,432 |
| California Cmntys-D | — | Municipal Bonds | 0.21% | $74,608,324 |
| Mi Fin Auth-C-Ref | — | Municipal Bonds | 0.21% | $73,900,000 |
| Ca Cmnty Choice Fing | — | Municipal Bonds | 0.21% | $73,374,339 |
| Harris Co. Cul Edu-D | — | Municipal Bonds | 0.21% | $73,015,000 |
| Cntrl Plains Enrgy-A1 | — | Municipal Bonds | 0.20% | $72,036,077 |
| Patriots Energy Group | — | Municipal Bonds | 0.20% | $71,817,121 |
| Tndr Opt-Fltrs-Ms0103 | — | Municipal Bonds | 0.20% | $70,750,000 |
| Houston Util-Ref-B4 | — | Municipal Bonds | 0.20% | $69,120,000 |
| S E Energy-B-Rev | — | Municipal Bonds | 0.19% | $67,919,746 |
| Black Belt Energy-E | — | Municipal Bonds | 0.19% | $67,218,905 |
| Pub Fin Auth-1-A | — | Municipal Bonds | 0.19% | $66,202,823 |
| Tarrant Cultural-C-1 | — | Municipal Bonds | 0.19% | $66,165,679 |
| Black Belt Energy-A | — | Municipal Bonds | 0.19% | $65,930,778 |
| Ky Pub Energy Auth-A | — | Municipal Bonds | 0.19% | $65,601,069 |
| Tennergy Corp.-A | — | Municipal Bonds | 0.18% | $64,817,507 |
| Ny St Urban Dev Corp. | — | Municipal Bonds | 0.18% | $64,700,004 |
| Nyc Hsg Dev Corp.-A-2 | — | Municipal Bonds | 0.18% | $64,602,349 |
| Ca Cmnty Choice Fing | — | Municipal Bonds | 0.18% | $64,350,449 |
| Main Street Natural-D | — | Municipal Bonds | 0.18% | $64,185,931 |
| Main St Nat Gas, Inc.-B | — | Municipal Bonds | 0.18% | $63,515,545 |
| Ky Pub Energy-A | — | Municipal Bonds | 0.18% | $63,483,581 |
| Ky Pub Energy Auth-B- | — | Municipal Bonds | 0.18% | $63,072,068 |
| Black Belt-Ser-C | — | Municipal Bonds | 0.17% | $60,626,406 |
| Ca Cmnty Choice Fin-C | — | Municipal Bonds | 0.17% | $60,022,700 |
| Co. Health Facs Auth | — | Municipal Bonds | 0.17% | $58,538,529 |
| Main Street Natural-C | — | Municipal Bonds | 0.16% | $57,646,788 |
| Ca Cmnty Choice-D | — | Municipal Bonds | 0.16% | $57,615,492 |
| Mn Muni Gas Agy-A | — | Municipal Bonds | 0.16% | $57,026,606 |
| Northside Tx Indep Sc | — | Municipal Bonds | 0.16% | $56,525,000 |
| Southern Ca Pub Pwr-A | — | Municipal Bonds | 0.16% | $56,432,581 |
| Black Belt Energy Gas | — | Municipal Bonds | 0.16% | $55,881,595 |
| SE Energy Auth-C | — | Municipal Bonds | 0.16% | $55,845,677 |
| Black Belt-H-2-1 | — | Municipal Bonds | 0.16% | $55,431,840 |
| Quincy-Bans | — | Municipal Bonds | 0.16% | $55,385,293 |
| Ca Cmnty Choice Fing | — | Municipal Bonds | 0.16% | $55,322,019 |
| Main Street Energy-A | — | Municipal Bonds | 0.16% | $55,211,896 |
| Tndr Opt-Fltr-Ms0095 | — | Municipal Bonds | 0.16% | $55,140,000 |
| Nuveen Amt-Free-B | — | Municipal Bonds | 0.16% | $55,060,000 |
| Main St Nat Gas, Inc.-D | — | Municipal Bonds | 0.16% | $54,839,547 |
| Black Belt Energy Gas | — | Municipal Bonds | 0.15% | $54,252,124 |
| Ca Cmnty Choice -E | — | Municipal Bonds | 0.15% | $53,889,066 |
| Ny Energy Fin Dev | — | Municipal Bonds | 0.15% | $53,893,141 |
| Sthrn Ca Pub Pwr-A | — | Municipal Bonds | 0.15% | $53,724,939 |
| California Cmnty Choi | — | Municipal Bonds | 0.15% | $53,205,154 |
| Md Econ Var-Ref-B=how | — | Municipal Bonds | 0.15% | $52,385,000 |
| Ny City Hsg Dev-G-2 | — | Municipal Bonds | 0.15% | $52,350,573 |
| San Antonio Elec & -A | — | Municipal Bonds | 0.15% | $52,266,195 |
| Black Belt Energy-I | — | Municipal Bonds | 0.15% | $51,605,134 |
| Black Belt Enry Gas-A | — | Municipal Bonds | 0.14% | $51,095,927 |
| Harris Co. Cultural-A | — | Municipal Bonds | 0.14% | $50,362,567 |
| Tn Energy Corp.-A | — | Municipal Bonds | 0.14% | $50,333,510 |
| Harris Co. Cultural-F | — | Municipal Bonds | 0.14% | $50,000,000 |
| Lower Al Gas Dt-A-Ref | — | Municipal Bonds | 0.14% | $49,947,884 |
| Regents of Univ Ca-Bz | — | Municipal Bonds | 0.14% | $49,069,428 |
| Ny St Hsg Fin Agy-C-2 | — | Municipal Bonds | 0.14% | $48,850,327 |
| Michigan St Hsg Dev A | — | Municipal Bonds | 0.14% | $47,833,277 |
| Wi Hlth & Edl Facs-C | — | Municipal Bonds | 0.14% | $47,790,606 |
| Tndr Opt-Fltr-Ms0045 | — | Municipal Bonds | 0.13% | $47,450,000 |
| S E Energy Auth-B | — | Municipal Bonds | 0.13% | $47,274,661 |
| Univ of Colorado-A | — | Municipal Bonds | 0.13% | $46,525,000 |
| Main Street Natural-A | — | Municipal Bonds | 0.13% | $46,264,344 |
| Kentucky Pub Engy-B | — | Municipal Bonds | 0.13% | $46,095,489 |
| Nj Hsg & Mtge Fin-B | — | Municipal Bonds | 0.13% | $45,522,002 |
| Washington St Hlth Ca | — | Municipal Bonds | 0.13% | $45,407,856 |
| Nc Med Care Comm-B | — | Municipal Bonds | 0.13% | $45,338,543 |
| Mi Fin Auth-Var-Hosp | — | Municipal Bonds | 0.13% | $45,147,708 |
| Black Belt Energy-B | — | Municipal Bonds | 0.13% | $44,876,659 |
| Ca Cmnty Choice-Ser G | — | Municipal Bonds | 0.12% | $43,845,959 |
| Nrthrn Ca Enrgy | — | Municipal Bonds | 0.12% | $43,808,774 |
| Ca Stwd Cmntys Dev-A | — | Municipal Bonds | 0.12% | $43,500,008 |
| Puerto Rico Cmwlth Aq | — | Municipal Bonds | 0.12% | $43,451,745 |
| Pasco Co.-B-Rev | — | Municipal Bonds | 0.12% | $43,212,672 |
| San Antonio-A | — | Municipal Bonds | 0.12% | $43,104,718 |
| Ca Cmnty Choice-G | — | Municipal Bonds | 0.12% | $43,111,321 |
| Tndr Opt-Fltr-Ms0041 | — | Municipal Bonds | 0.12% | $43,010,000 |
| Texas St-Var-Veterans | — | Municipal Bonds | 0.12% | $42,960,000 |
VMLTX Sector Allocation
Vanguard Limited-Term Tax-Exempt Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Municipal Bonds | 97.3% | 7355 |
| Funds & ETFs | 2.4% | 1 |
| Mortgage / Securitized | 0.1% | 4 |
| Unknown | 0.2% | 12 |
VMLTX Country Allocation
Where Vanguard Limited-Term Tax-Exempt Fund's holdings are domiciled, by percentage of net assets (largest 2).
| Country | % of net assets |
|---|---|
| United States | 100.0% |
| Unknown | 0.0% |
VMLTX Portfolio Allocation
Asset-class allocation of Vanguard Limited-Term Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 97.5% |
| Cash & Equivalents | 2.4% |
VMLTX Debt Constituents
Largest debt holdings of Vanguard Limited-Term Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Southeast Energy Authority A Cooperative District | 0.38% |
| Nuveen AMT-Free Municipal Credit Income Fund | 0.36% |
| Black Belt Energy Gas District | 0.36% |
| Black Belt Energy Gas District | 0.35% |
| Main Street Natural Gas Inc | 0.31% |
| Nuveen AMT-Free Quality Municipal Income Fund | 0.31% |
| California Community Choice Financing Authority | 0.31% |
| Black Belt Energy Gas District | 0.30% |
| Kentucky Public Energy Authority | 0.30% |
| New Mexico Municipal Energy Acquisition Authority | 0.29% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.