Vanguard Tax Managed Fd Balanced: (MF: VTMFX)
NAV
$24.09
NAV Day Change
0.12 (0.50%)
May 17 06:06 PM ET
General Information As Of 04/30/13
| %Yield | 2.14 |
| %SEC Yield | NA |
| %YTD Return (as of 04/30/13) | 6.54 |
| Objective* | Balanced |
| Peer* | BA LB |
Portfolio Statistics
| %Unrealized Gain YTD | 21.82 |
| Net Assets (Mil $) 04/30/2013 | 1,015.00 |
| %Turnover 04/30/2013 | 7.00 |
Fees
| %Max Sales Load | NA |
| %Min Sales Load | NA |
| %Max Deferred Load | NA |
Expenses
| %Max 12b-1 Fee | 0.00 |
| %Max Management Fee | 0.10 |
| Redemption Fee | NA |
| Expense Ratio | 0.12 |
Allocation
| Large Growth | 25.72 |
| Large Value | 26.91 |
| Small Growth | 0.00 |
| Small Value | 0.00 |
| Foreign Stock | 0.00 |
| Emerging Market | 0.00 |
| Precious Metal | 0.00 |
| Intermediate Bond | 0.00 |
| Foreign Bond | 31.96 |
| High Yield Bond | 12.32 |
Portfolio Information
Composition
| As of 12/31/2012 | %of Net Assets |
| Stock | 48.02 |
| Cash | 0.00 |
| Bonds | 51.60 |
| Preferred | 0.01 |
| Convertibles | 0.00 |
| Foreign Stock | 0.52 |
| Foreign Bonds | 0.00 |
| Hedge | 0.00 |
| Other | 0.38 |
Sector / Country Weightings
| As of 04/30/2013 | % of Portfolio |
|---|---|
| Other | 52.52 |
| Technology | 11.51 |
| Finance | 7.81 |
| Industrial Cyclical | 6.37 |
| Non-Durable | 6.06 |
| Energy | 4.23 |
| Health | 3.95 |
| Retail Trade | 3.74 |
| Utilities | 1.73 |
| Consumer Durables | 1.11 |
| Services | 0.97 |
Portfolio Holdings
| Top Equity Holdings (As of 12/31/2012) | % of Portfolio | Value (Mil$) |
|---|---|---|
| APPLE INC | 1.67 | 17.01 |
| EXXON MOBIL CORP | 1.27 | 12.92 |
| INTL BUSINESS MACHINES CO | 0.70 | 7.14 |
| GENERAL ELECTRIC CO | 0.67 | 6.76 |
| CHEVRON CORP | 0.63 | 6.44 |
| GOOGLE INC CL A | 0.63 | 6.44 |
| MICROSOFT CORP | 0.60 | 6.05 |
| AT+T INC | 0.58 | 5.93 |
| PROCTER + GAMBLE CO/THE | 0.57 | 5.77 |
Contact Information
| Family | Vanguard Group |
| Addrerss | 100 Vanguard Blvd. Malvern, PA 19355 |
| Phone | 800 662-7447 |
Zacks Premium Research
Zacks Mutual Fund Rank: 3 - Hold 
| #3 |
Fund Description
Incepted in December 1978, this fund is managed by Vanguard Group. The objective of this fund is to seek tax-efficient total return consisting of long-term growth of capital, tax-exempt income, and a modest level of taxable income. The fund invests slightly more than half its assets in high quality tax-exempt municipal bonds and the rest in a broadly diversified group of large and mid-capitalization stocks. The fixed-income segment of the fund consists of intermediate-term bonds issued by state and local governments. Interest income from these bonds is exempt from federal income tax. The fund distributes dividends on a quarterly basis in March, June, September and December. The fund distributes capital gains in December.
Stock Holding % of Net Assets
| As Of | 12/31/2012 |
| Total Issues | 647 |
| Avg. P/E | 26.89 |
| Avg. P/Book | 4.16 |
| Avg. EPS Growth | 11.81 |
| Avg. Market Value (Mil $) | 88,915 |
Risk
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Beta | 0.46 | 0.50 | 0.50 |
| Alpha | 2.93 | 2.93 | 1.19 |
| R Squared | 0.94 | 0.93 | 0.89 |
| Std. Dev. | 7.16 | 9.69 | 7.86 |
| Sharpe | 1.30 | 0.66 | 3.00 |
Shareholder Information
| Manager | Michael Perre |
| Since | 12/99 |
| Manager Rating | 1.00 |
| Inception Date | 09/06/1994 |
| Shareholders | NA |
| Dividends Paid | Q |
| Minimum Initial Investment | $10,000 |
| Minimum Subsequent Investment | $100 |
| IRA Minimum | $0 |
| IRA Available | Y | Check Writing | N | Phone Invest | Y |
| Phone Exchange | Y | Phone Redeem | Y | Auto Invest | Y |
| Wire Redeem | Y | Wire Fee | Y | Wire Transfer | Y |
Zacks Commentary for VTMFX
Zacks Blog: Top 5 Highest Yielding Zacks #1 Ranked Balanced Mutual Funds
Oct 26, 2012
