VWLUX — Vanguard Long-Term Tax-Exempt Fund
Data updated: 2026-06-26
VWLUX — Vanguard Long-Term Tax-Exempt Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $18.92B AUM · 0.09% expense ratio · 6.6% 1-yr return. From SEC regulatory filings.
VWLUX Fund Overview
VWLUX — Vanguard Long-Term Tax-Exempt Fund is a US mutual fund managed by Vanguard Municipal Bond 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 Municipal Bond Funds
- Category: Long Municipal - National Bond
- Assets under management: $18.92B
- 1-year return: 6.6%
- Ticker: VWLUX
- SEC CIK: 0000225997
- SEC series ID: S000002896
- Share class ID: C000007958
VWLUX Holdings
Top 10 holdings of Vanguard Long-Term Tax-Exempt Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Vanguard Cmt Funds-Vanguard Municipal Cash Management Fund | 4.76% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 0.35% |
| California Community Choice Financing Authority | 0.28% |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue | 0.26% |
| Salt River Project Agricultural Improvement & Power District | 0.25% |
| New York City Transitional Finance Authority Future Tax Secured Revenue | 0.25% |
| Chicago Board of Education | 0.24% |
| Commonwealth of Massachusetts | 0.24% |
| Triborough Bridge & Tunnel Authority | 0.22% |
| Black Belt Energy Gas District | 0.22% |
VWLUX Portfolio Allocation
Asset-class allocation of Vanguard Long-Term Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 94.5% |
| Cash & Equivalents | 4.8% |
| Securitized | 0.5% |
VWLUX Performance
Total returns for VWLUX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.2% |
| 1 year | 6.6% |
| 3 years (annualised) | 3.8% |
| 5 years (annualised) | 1.0% |
VWLUX Risk Information
Risk metrics for VWLUX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.6%
VWLUX Costs and Fees
VWLUX costs about $9 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.09%
- Gross expense ratio: 0.09%
- Portfolio turnover: 35%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
VWLUX Cashflows
Over the 12 months to 2026-04, Vanguard Long-Term Tax-Exempt Fund had net inflows of $1.57B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $55.45M |
| 2026-03 | $59.23M |
| 2026-02 | $194.10M |
| 2026-01 | −$93.20M |
| 2025-12 | $114.69M |
| 2025-11 | $126.30M |
VWLUX Debt Constituents
Largest debt holdings of Vanguard Long-Term Tax-Exempt Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 0.35% |
| California Community Choice Financing Authority | 0.28% |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue | 0.26% |
| Salt River Project Agricultural Improvement & Power District | 0.25% |
| New York City Transitional Finance Authority Future Tax Secured Revenue | 0.25% |
| Chicago Board of Education | 0.24% |
| Commonwealth of Massachusetts | 0.24% |
| Triborough Bridge & Tunnel Authority | 0.22% |
| Black Belt Energy Gas District | 0.22% |
| New York City Transitional Finance Authority Future Tax Secured Revenue | 0.22% |
VWLUX Prospectus and SEC Filings
Official Vanguard 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.