VWITX Performance — Vanguard Intermediate-Term Tax-Exempt Fund, Investor Shares
Data updated: 2026-09-28
VWITX returned +0.16% year to date and +4.57% over one year to Jul 2026. Annualised returns are +3.34% over 3 years and +0.96% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $110, against $109 for the category, and to $105 over one year, against $105. Volatility over the past three years was 4.79% a year. In the 12 months to Jul 2026 the fund took in a net $9.7B, and assets reached $88.46B.
VWITX Growth of $100
What $100 invested in Vanguard Intermediate-Term Tax-Exempt Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | VWITX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $105 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $110 | $109 |
| 5 years (Aug 2021 – Jul 2026) | $105 | $102 |
| Since data start (Aug 2019 – Jul 2026) | $113 | $109 |
VWITX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.16% |
| 1 year | +4.57% |
| 3 years (annualised) | +3.34% |
| 5 years (annualised) | +0.96% |
VWITX Annual Returns
Calendar-year total returns of Vanguard Intermediate-Term Tax-Exempt Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.16% |
| 2025 | +4.95% |
| 2024 | +1.70% |
| 2023 | +5.82% |
| 2022 | −6.91% |
| 2021 | +1.10% |
| 2020 | +5.13% |
| 2019 (Aug–Dec) | +1.20% |
VWITX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.0% | +1.3% | −2.4% | +1.0% | +0.3% | +0.6% | −1.6% | — | — | — | — | — |
| 2025 | +0.5% | +1.0% | −1.4% | −0.5% | +0.1% | +0.9% | 0.0% | +0.9% | +1.9% | +1.1% | +0.3% | +0.2% |
| 2024 | −0.1% | +0.1% | 0.0% | −1.0% | −0.3% | +1.4% | +0.9% | +0.8% | +1.0% | −1.3% | +1.4% | −1.0% |
| 2023 | +2.5% | −2.0% | +1.9% | −0.1% | −0.8% | +0.8% | +0.2% | −0.9% | −2.3% | −0.8% | +5.1% | +2.2% |
| 2022 | −2.4% | −0.4% | −2.7% | −2.4% | +1.3% | −1.3% | +2.4% | −1.9% | −3.1% | −0.5% | +4.0% | +0.2% |
| 2021 | +0.5% | −1.4% | +0.5% | +0.7% | +0.3% | +0.2% | +0.6% | −0.2% | −0.7% | −0.2% | +0.6% | +0.1% |
| 2020 | +1.6% | +1.1% | −3.1% | −1.2% | +3.1% | +0.7% | +1.4% | −0.2% | 0.0% | −0.2% | +1.3% | +0.6% |
| 2019 | — | — | — | — | — | — | — | +1.3% | −0.8% | +0.1% | +0.1% | +0.3% |
VWITX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 4.79%
- 3-year Sharpe ratio: -0.24 (vs 4.5% risk-free rate)
- Best month: +5.07% (Nov 2023)
- Worst month: −2.37% (Mar 2026)
VWITX Fund Flows
Monthly money in and out of Vanguard Intermediate-Term Tax-Exempt Fund, from SEC Form N-PORT.
- 12-month net flow: $9.7B
- 12-month gross sales (incl. reinvestments): $22.1B
- Sales ÷ redemptions: 1.78×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $1.6B | $1.1B | $562.7M |
| Jun 2026 | $2.0B | $1.0B | $943.8M |
| May 2026 | $1.9B | $1.2B | $726.4M |
| Apr 2026 | $1.7B | $1.3B | $392.5M |
| Mar 2026 | $1.7B | $1.1B | $562.8M |
| Feb 2026 | $1.9B | $739.2M | $1.1B |
| Jan 2026 | $2.2B | $899.4M | $1.3B |
| Dec 2025 | $2.1B | $1.1B | $1.0B |
| Nov 2025 | $1.5B | $831.6M | $630.4M |
| Oct 2025 | $2.1B | $977.0M | $1.1B |
| Sep 2025 | $1.9B | $1.1B | $802.9M |
| Aug 2025 | $1.7B | $1.2B | $515.7M |
VWITX Assets Under Management
Net assets of Vanguard Intermediate-Term Tax-Exempt Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $88.46B |
| 2026-04-30 | $87.60B |
| 2026-01-31 | $86.36B |
| 2025-10-31 | $82.84B |
| 2025-07-31 | $78.04B |
| 2025-04-30 | $76.08B |
| 2025-01-31 | $77.55B |
| 2024-10-31 | $75.89B |
| 2024-07-31 | $73.79B |
| 2024-04-30 | $71.58B |
| 2024-01-31 | $71.83B |
| 2023-10-31 | $66.09B |
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.