Vanguard High-Yield Tax-Exempt Bond is relatively conservative compared with other muni strategies sporting the high-yield label, so much so that it lands in the muni national long Morningstar Category rather than the high-yield muni category. The strategy is managed by diligent leaders through a sensible and risk-conscious investment process and benefits from ultralow fees; its Admiral share class earns a Morningstar Analyst Rating of Gold, while the Investor share class is rated Silver.
NAV / 1-Day Return
10.38 / 0.01 %
Adj. Expense Ratio
Distribution Fee Level
Share Class Type
Muni National Long
Credit Quality / Interest Rate Sensitivity—
Min. Initial Investment
Morningstar’s Analysis VWAHX
Will VWAHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.