Vanguard Tax-managed Fund Balanced Fund: (MF: VTMFX)
(NASDAQ Mutual Funds) As of Apr 23, 2024 08:00 PM ET
$42.09 USD
+0.25 (0.60%)
Fund Description
Incepted in December 1978, this fund is managed by Vanguard Group. The objective of this fund is to seek tax-efficient total return consisting of long-term growth of capital, tax-exempt income, and a modest level of taxable income. The fund invests slightly more than half its assets in high quality tax-exempt municipal bonds and the rest in a broadly diversified group of large and mid-capitalization stocks. The fixed-income segment of the fund consists of intermediate-term bonds issued by state and local governments. Interest income from these bonds is exempt from federal income tax. The fund distributes dividends on a quarterly basis in March, June, September and December. The fund distributes capital gains in December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Vanguard Tax-Managed Balanced Adm | VTMFX | NA | NA | 0.00 | 0.00 | 0.08 | 0.09 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Vanguard Tax-Managed Balanced Fd | VTMFX | 42.09 | 9/6/1994 | 0.50 | 15.66 | 5.27 | 8.19 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Vanguard Tax-Managed Balanced Adm | VTMFX | 10000 | 1 | 0 | Q |
Contact Information
| Family | Vanguard Group |
| Address | 100 Vanguard Blvd. Malvern, PA 19355 |
| Phone | 800 662-7447 |