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Vanguard California Long-Term Tax-Exempt Fund Investor Shares – VCITX Fund Overview

Last PriceToday's Change52-Week RangeTrading Volume
12.350.00 (0.00%)11.87 - 12.350.0

Market data as of 12:00AM 02/05/16. Quotes are delayed by at least 15 min.

Overview - VCITX

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.

Growth of $10,000 (10 Years)

Total Return6.20%
Yield (Trailing 12 Mo.)3.46%
Expense Ratio0.20%
Front LoadNone
Deferred LoadNone
Minimum Investment$3,000
Management Tenure5 Years
Fund Inception04/07/1986

Trailing Total Returns - VCITX

as of 01/31/2016
TimeframeVCITXS&P 500Muni California Long
1 Month1.19%-4.96%1.03%
3 Month2.95%-6.18%2.57%
1 Year3.50%-0.67%2.79%
3 Year4.50%11.30%3.96%
5 Year7.20%10.91%7.34%
10 Year4.79%6.48%4.54%
Since Inception6.20%10.33%--

Sector Allocation - VCITX

as of 01/31/2016
Basic Materials--
Consumer Cyclical--
Financial Services--
Real Estate--
Consumer Defensive--
Communication Services--

Asset Allocation - VCITX

as of 01/31/2016
By PercentShort0%LongNet
Foreign Stock--
Foreign Bond--
Total Net Assets$3.48B
Total Stock Holdings0
Total Bond Holdings676

Bond Credit Quality - VCITX

as of 01/31/2016
Below B0.00%
Not Rated2.27%

Top Ten Holdings - VCITX

as of 01/31/2016
CompanyYTD Return% of Assets
California St Go Bds 6.5%--1.20%
California St Go Bds 5%--0.82%
Bay Area Toll Auth 5%--0.77%
California St Go Bds 6%--0.76%
Golden St Tob Securitization C Enh 0.01%--0.68%
California St Go Bds 5%--0.66%
J P Morgan Chase Putters / Dri Ctfs--0.62%
California St Go Bds 5.75%--0.57%
Los Angeles Calif Dept Arpts A Sr Rev 5%--0.56%
Los Angeles Calif Dept Wtr & P Pwr Sy 5%--0.56%

Valuation & Growth - VCITX

as of 01/31/2016
ValuationVCITXCategory Range
Price/Cash Flow--
Dividend Yield
LT Earnings
Historical Earnings
Sales Growth
Cash-Flow Growth
Book-Value Growth
Key:  Lo 

Morningstar Summary - VCITX, 3 Year

Rate Sensitivity
Ratingvs Category
ReturnAbove Avg
Key:  Lo 

Tax Analysis - VCITX, 3 Year Avg

Pretax Return4.50%
Tax-adjusted Return4.50%
Tax Cost Ratio0.00%
Potential Cap Gains6.43%

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