VCITX : Vanguard California Long-Term Tax-Exempt Fund Investor Shares

VCITX is a Bond Market Municipal Bond with LOW fees.

VCITX

Vanguard California Long-Term Tax-Exempt Fund Investor Shares

FI Score

88 /100

Expense Ratio Rating

10 /10

Expense Rating

8 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

88% FI Score
  • vcitx
  • Mutual Fund
  • Bond
  • Municipal Bond

Vanguard California Long-Term Tax-Exempt Fund Investor Shares

Expenses: 0.17% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide current income that is exempt from both federal and California personal income taxes. The fund invests primarily in high-quality municipal bonds issued by California state and local governments, as well as by regional governmental and public financing authorities. At least 80% of its assets will be invested in securities whose income is exempt from federal and California state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 10 and 25 years. The fund is non-diversified.

Largest Holdings

Amount Holding
0.82% TENDER OPT BD TR RCPTS / CTFS VAR STS 3%
0.63% CALIFORNIA HEALTH FACS FING AUTH REV 5%
0.55% CALIFORNIA HEALTH FACS FING AUTH REV 5%
0.53% CALIFORNIA EDL FACS AUTH REV 5%
0.52% CALIFORNIA EDL FACS AUTH REV 5%
0.51% CALIFORNIA HEALTH FACS FING AUTH REV 5%
0.46% BAY AREA TOLL AUTH CALIF TOLL BRDG REV 5%
0.45% ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 0%
0.43% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.42% CALIFORNIA ST 5%
0.41% CALIFORNIA HEALTH FACS FING AUTH REV 5%
0.39% CALIFORNIA ST 5%
0.39% LOS ANGELES CNTY CALIF MET TRANSN AUTH SALES TAX REV 5%
0.38% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.37% UNIVERSITY CALIF REVS 5%
0.36% UNIVERSITY CALIF REVS 0.5%
0.36% CALIFORNIA ST 5%
0.36% ABAG FIN AUTH FOR NONPROFIT CORPS CALIF REV 5%
0.35% LOS ANGELES CALIF DEPT ARPTS ARPT REV 5%
0.35% CALIFORNIA ST 5%
0.33% BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2.62%
0.33% CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5%
0.33% FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 5.75%
0.33% LOS ANGELES CALIF DEPT WTR & PWR REV 5%
0.33% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%

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