VNYUX Fees and Costs — Vanguard New York Long-Term Tax-Exempt Fund, Admiral Shares
Data updated: 2026-07-29
The net expense ratio is 0.09%: a 0.08% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 38%.
VNYUX Fees and Expenses
Annual operating expenses and sales charges of VNYUX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.09% |
| Fee waiver | — |
| Net expense ratio | 0.09% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
VNYUX Costs Over Time
On $10,000 invested in VNYUX, assuming 5% a year before costs, total costs come to $57 over 5 years, cutting the return by 0.09% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.09%) | $9 | $30 | $52 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $9 | $31 | $57 |
| Value after costs | $10,491 | $11,545 | $12,705 |
| Impact on return, per year | 0.09% | 0.09% | 0.09% |
VNYUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $6.3B
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
VNYUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE & CO. | $1.1B | 21.82% |
| BANK OF AMERICA CORPORATION | $565.5M | 11.39% |
| WELLS FARGO & COMPANY | $527.7M | 10.63% |
| BARCLAYS PLC | $497.6M | 10.02% |
| MORGAN STANLEY | $469.8M | 9.46% |
| Royal Bank of Canada | $461.8M | 9.30% |
| THE GOLDMAN SACHS GROUP, INC. | $445.0M | 8.96% |
| JEFFERIES FINANCIAL GROUP INC. | $427.2M | 8.60% |
| U.S. Bancorp | $289.4M | 5.83% |
| TD Securities (USA) LLC | $198.4M | 4.00% |
Vanguard New York Long-Term Tax-Exempt Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| VNYUX | Admiral Shares | 0.09% | none |
| VNYTX | Investor Shares | 0.14% | none |
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.