VPALX — Vanguard Pennsylvania Long-Term Tax-Exempt Fund
Data updated: 2026-07-29
VPALX — Vanguard Pennsylvania Long-Term Tax-Exempt Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $3.97B AUM · 0.09% expense ratio · 5.0% 1-yr return. From SEC regulatory filings.
VPALX Fund Overview
VPALX — Vanguard Pennsylvania Long-Term Tax-Exempt Fund is a US mutual fund managed by Vanguard Pennsylvania 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 Pennsylvania Tax-Free Funds
- Category: Long Municipal - National Bond
- Assets under management: $3.97B
- 1-year return: 5.0%
- Ticker: VPALX
- SEC CIK: 0000788606
- SEC series ID: S000002911
- Share class ID: C000007977
VPALX Holdings
Top 10 holdings of Vanguard Pennsylvania Long-Term Tax-Exempt Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Commonwealth Financing Authority | 0.78% |
| Geisinger Authority | 0.74% |
| Commonwealth of Pennsylvania | 0.74% |
| Commonwealth of Pennsylvania | 0.69% |
| Commonwealth of Pennsylvania | 0.68% |
| Pennsylvania Higher Educational Facilities Authority | 0.66% |
| Allegheny County Hospital Development Authority | 0.62% |
| Pennsylvania Higher Educational Facilities Authority | 0.59% |
| Pennsylvania Higher Educational Facilities Authority | 0.52% |
| Pennsylvania Higher Educational Facilities Authority | 0.49% |
VPALX Portfolio Allocation
Asset-class allocation of Vanguard Pennsylvania Long-Term Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 100.1% |
VPALX Performance
Total returns for VPALX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.0% |
| 1 year | 5.0% |
| 3 years (annualised) | 5.0% |
| 5 years (annualised) | 1.6% |
VPALX Risk Information
Risk metrics for VPALX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.5%
VPALX Costs and Fees
VPALX costs about $9 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.09%
- Gross expense ratio: 0.09%
- Portfolio turnover: 25%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
VPALX Cashflows
Over the 12 months to 2026-02, Vanguard Pennsylvania Long-Term Tax-Exempt Fund had net inflows of $186.71M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $49.64M |
| 2026-01 | $63.37M |
| 2025-12 | $1.93M |
| 2025-11 | $3.98M |
| 2025-10 | $10.06M |
| 2025-09 | $13.12M |
VPALX Debt Constituents
Largest debt holdings of Vanguard Pennsylvania Long-Term Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Commonwealth Financing Authority | 0.78% |
| Geisinger Authority | 0.74% |
| Commonwealth of Pennsylvania | 0.74% |
| Commonwealth of Pennsylvania | 0.69% |
| Commonwealth of Pennsylvania | 0.68% |
| Pennsylvania Higher Educational Facilities Authority | 0.66% |
| Allegheny County Hospital Development Authority | 0.62% |
| Pennsylvania Higher Educational Facilities Authority | 0.59% |
| Pennsylvania Higher Educational Facilities Authority | 0.52% |
| Pennsylvania Higher Educational Facilities Authority | 0.49% |
VPALX Prospectus and SEC Filings
Official Vanguard Pennsylvania Long-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.