Vanguard Intermediate-Term Tax-Exempt Fund. If your fund holds stock with a company, that company will often distribute dividends. 0 These Schwab mutual funds offer a great blend of low fees and high diversification. View mutual fund news, mutual fund market and mutual fund interest rates. The strategy's cheaper admiral share class earns a Morningstar Analyst Rating of Gold, while its investor shares are rated Silver. to receive guidance from our tax experts and community. State requirements are complex, so you should consider consulting a tax advisor for your specific state's treatment of tax-exempt interest dividends. Say your total exempt dividend is $1,000. NR securities may include a fund's investment in Vanguard Market Liquidity Fund or Vanguard Municipal Cash Management Fund, each of which invests in high-quality money market instruments and may serve as a cash management vehicle for the Vanguard funds, trusts, and accounts. If this is a large amount of exempt dividends, you may want to figure out how much is from California. Fund description. % See Disclaimer. VWIUX. Higher turnover means higher trading fees. Impact investing, DEI and biodiversity are driving ESG trends as regulatory oversight improves. Market data provided by Xignite. 0000017978 00000 n Did the information on this page answer your question? Thank you. 2) If I chose Yes, TurboTax asks me "Enter less Than 50% Tax Exempt Interest". Prior to this, James D'Arcy is a director and senior portfolio manager for Columbia Management focusing on tax-exempt and crossover short duration accounts. The Fund invests primarily in investment-grade short- to intermediate-term municipal bonds with a targeted average weighted maturity between three to seven years. For example: Should I enter $249 or the remaining which is $2330.82 out of $2580 or something else? 0000009321 00000 n Volitility measures reflect the uncertainty or risk of change in a security`s value. Our marginal tax rate dropped from 33% in 2017 to 24% in 2018. In the Dividends and Distributions section of your Form 1099, you may have a value in Box 12: "Exempt-interest dividends.". @v6% x^@!kahdgpr 2h l. HUkkJn^Z,C)4M/ni!NZ[j8NT y3g9+teFAuL@)a@UY;I@|VY(, The People Pillar is our evaluation of the VWIUX management teams experience and ability. The contents of this form are subject to the MutualFunds.com Vanguard says, Investors who are looking for a fund that may provide federal tax-exempt interest income and can tolerate moderate price and income fluctuations may wish to consider this fund. The fund is on the conservative side and the managers tend to avoid big sector bets, according to Morningstar. This electronic form is a Microsoft Excel spreadsheet that will expedite entry of project data into CTCAC's database. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers. 11 0 obj 1) I chose Yes for the above question, am I correct? 0000016300 00000 n 0000034500 00000 n Wed like to share more about how we work and what drives our day-to-day business. 0000016734 00000 n The Fund has no limitations on the maturity of individual securities but is expected to maintain a dollar-weighted average maturity of 6 to 12 years. Normally investing at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. 0000011045 00000 n 0000044214 00000 n Hi JulieS and RobertB4444, Thanks again for your kind advice. Percentage of dividends distributed by state by Vanguards municipal bond funds (PDF). 0000010187 00000 n You might be able to use this credit against taxes on those investments in the U.S. At least 75% of the securities held by the fund are municipal . Split your tax exempt dividends between California and Multiple States. Read our editorial policy to learn more about our process. Index. <]/Prev 64289/XRefStm 1213>> 0000010919 00000 n 0000000016 00000 n /LastChar 255 To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. /ItalicAngle 0 )Y0 ;a1O4HEHFtD7x\3+q)FZQy{btt hVyV0CSbi 0000004039 00000 n Choose the state where your tax-exempt dividends came from. Please confirm if I should enter California (where I live) as the state and if not, where should I get the state for those tax-exempt dividends? Higher turnover means higher trading fees. They are exempt from federal tax, but only the amount that is from your home state, California, is exempt from state tax. 278 278 355 556 556 889 667 191 333 333 389 584 278 333 278 278 The Fund invests principally in investment-grade municipal debt obligations providing federal tax-exempt interest income. 0000012288 00000 n Muni National Intermediate-Term Bond Funds. Portfolio management-driven approach to risk budgeting; quantitative tools help analyze market risk; and, an experienced analyst team focuses . Quotes delayed at least 15 minutes. Impact investing, the strategic arm of values-based investing, is taking hold on Wall Street. If your 1099-DIV shows an amount for a particular fund . 0000013276 00000 n endstream endobj 1327 0 obj <>/Filter/FlateDecode/Index[19 1277]/Length 54/Size 1296/Type/XRef/W[1 1 1]>>stream 0000002093 00000 n >> The investment seeks a moderate and sustainable level of current income that is exempt from federal personal income taxes. specific state's treatment of tax-exempt interest dividends. VWIUX - Distributions Dividend Yield Analysis Dividend Distribution Analysis Net Income Ratio Analysis Even with tax-related trading, the fund's turnover of around 9% a year is similar to that of large-blend index funds. How we use your information depends on the product and service that you use and your relationship with us. (Just FYI: I live in CA and seemed to have earned tax-exempt dividend of around $2580 from Vanguard funds VWLUX, VMLUX, and VWIUX in 2021. Utah-specific taxation of municipal bond interest (PDF). Distribution of qualified short-term capital gains by Vanguard funds (PDF). This graph represents the growth of a hypothetical investment of $10,000. /Subtype /Type1 We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. If your 1099-DIV shows an amount for a particular fund, learn how to calculate your credit so you dont get taxed twice. You can unsubscribe at any time. A S&P Intermediate Term National AMT-Free Municipal Bond Index. I chose "I earned tax exempt dividends in more than one state" and am calculating for each of my funds for CA like you advised. The market downturn this year gives savvy investors a potential way of lowering their tax bill. Vanguard Intermediate-Term Tax-Exempt Fd has an expense ratio of 0.09 percent. Hand off your taxes, get expert help, or do it yourself. 0000004447 00000 n h1 01C(e^IzC. 0000006054 00000 n And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Bonds issued by U.S. territories, including Puerto Rico, are excluded from this index. I entered the values in Federal as per your suggestion which came to total of $249 for California and $2330.82 for "More than One State" out of $2580 . trailer Obligations. We live in Colorado, and Vanguard doesn't offer a Colorado-specific tax-exempt bond fund. Vanguard Supplement info has these percentages for California for those funds: VWLUX (11.64%), VMLUX (4.5% - CA), and VWIUX (10.07%). We sell different types of products and services to both investment professionals and individual investors. This site is protected by reCAPTCHA and the Google To enter that amount, select the boxA portion of these dividends is US government interest on the screenTell us if any of these uncommon situations apply to you. 1296 33 More VWIUX Holdings Current Portfolio Date Jan 31, 2023 Equity Holdings 0 Bond Holdings 12323 Other Holdings 2 % Assets in Top 10 Holdings 2.6 Top 10 Holdings % Portfolio Weight Market Value USD. Using 2013 as a backward stress test ( Detroit and Puerto Rico), VWALX lost 7% it's value. USD | NAV as of Apr 17, 2023 | 1-Day Return as of Apr 17, 2023, 10:15 PM GMT+0. I am trying to decide between VTEAX and VWIUX (we would be able to contribute enough for the admiral shares immediately). Forms and Information. Posted 10:31:30 AM. Vanguard Intermediate-Term Tax-Exempt Fund Admiral Shares, Registration on or use of this site constitutes acceptance of our. 0000008487 00000 n The remaining 5% may be invested in securities with lower credit ratings or, if unrated, determined to be of comparable quality by the advisor. 0000001601 00000 n , Retirement Strategy, Insight, Education and more , Fixed Income Strategy, Insight, Education and more . The current sec ylds are 2.29% vrs. Asset Allocation 1.8% Cash 0.0% Stocks 96.7% Bonds 0.0% Others 1.5% Foreign Bonds 0.0% Foreign Stocks 0.0% Convertible 0.0% Preferred Updated 01/31/23 Top Holdings Updated 01/31/23 Previous:. *d>ve!u;,:!wK]Uc>zUjI JbCk2$Pw5#Q"-mqz#T-k umD)%/*~gNwO This value represents dividends received from ETFs like MUB, which hold a broad range of U.S. municipal bonds that pay federal tax-exempt dividends. 0000026932 00000 n Provide specific products and services to you, such as portfolio management or data aggregation. If this is a large amount of exempt dividends, you may want to figure out how much is from California. /Widths [ 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 750 Assuming the information from Vanguard is correct, you can answer No, to that question. H\j@{Y/J4-xPy6P7a}_z23~7.tFO]if~s=dyj.?e7sne[l}g&_}V4^7vkno7L2u8ket2_mcQ*P~"?i`UD} / k0{KZ[[[[K`Gv`! ^ y+%>>>>>>99\\d3 [2}fvAvavAvavAvavAvevEvSTz*{vtn1u.S6I]e_ ]L /StemV 0 Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. VWIUX - Expenses Operational Fees Sales Fees Trading Fees Related Fees Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Please advise how to compute the above. We'll help you get started or pick up where you left off. 667 667 667 667 667 667 1000 722 667 667 667 667 278 278 278 278 endstream endobj 1306 0 obj <> endobj 1307 0 obj <>stream Obligations. hb```b``{W @aO@XTv$,(( _i 3zD30:NO~2e|U1' About VWIUX The Vanguard Intermediate-Term Tax-Exempt fund falls within Morningstar's muni national intermediate category. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers. If this is a large amount of exempt dividends, you may want to figure out how much is from California. When you get to the question, Choose the state where your tax-exempt dividends came from, you should choose More than one state, which is at the bottom of the drop down. Morningstar calculates these risk levels by looking at the Morningstar Risk of the funds in the Category over the previous 5-year period. 0000005396 00000 n This includes a flat state tax rate of 4.63%. Benchmark Bloomberg 1-15 Year Municipal Index Growth of a $10,000 investment: January 31, 2013 December 31, 2022 $12,208 Fund as of 12/31/22 $12,099 Benchmark as of 12/31/22 Credit Quality / Interest Rate Sensitivity, | 1-Day Return as of Apr 17, 2023, 10:15 PM GMT+0, Muni National Intermediate-Term Bond Funds. 0000012925 00000 n << 0000007344 00000 n HUMo8&=8iYl,Dj%G;C'7o_OwTV7 ,bu!m@ 4^~fJ?7 D79} ? e"n,LxvKYO\nt:p`Y`y`"g9>if9a]8_3v]rRS;&cW&u}-lBRfFeF'r> 0XtGCgi_ << /Creator (OpenText Exstream Version 16.6.20 64-bit) /Author (The Vanguard Group, Inc.) About VTMFX. 0000051059 00000 n 1296 0 obj <> endobj To help you prepare your state income tax return, were providing the percentage of federal tax-exempt interest income thats subject to individual income tax in Utah for each Vanguard fund that invests in municipal bonds. We'll add the documents named below at that time. These products and services are usually sold through license agreements or subscriptions. ] Bond Sector Exposure As of January 31, 2023 Bond Credit Quality Exposure Fund. The category . /BaseFont /Arial 667 778 722 667 611 722 667 944 667 667 611 278 278 278 469 556 It's good to know the percentage of income your funds may have received from U.S. government bonds because that income is generally not taxed in most states. /Type /Font Because the underlying bonds that result in these dividends represent . Higher turnover means higher trading fees. Most often needed for municipal bond funds: Download tax forms and view your personalized tax form schedule. How to contact Invesco . If my timeline was 5 years, I'd stick with VWIUX. No, all funds are 50% or more invested in California or U.S. They are exempt from federal tax, but only the amount that is from your home state, California, is exempt from state tax. 0000000977 00000 n 0000011161 00000 n 0000007105 00000 n Receive email updates about best performers, news, CE accredited webcasts and more. 0000010393 00000 n Prior to joining Columbia Management, Mr. D'Arcy worked on the fixed-income trading desk at Wells Capital Management. Upcoming Distribution Estimates 2022 tax information 2022 Distributions 2022 estimated distributions 2022 Important Tax Information for Open-End Funds Privacy Policy and 0000020572 00000 n We may use it to: To learn more about how we handle and protect your data, visit our privacy center. 0000011823 00000 n Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. VWIUX - Distributions Dividend Yield Analysis Dividend Distribution Analysis Net Income Ratio Analysis My question to JulieS was about 1) whether to choose California or More than one state in the dropdown at the top before entering the amounts below the check box as shown in this picture. State requirements are complex, so you should consider consulting a tax advisor for your . 800-997-2798 advisor_services@vanguard.com Disclosures and footnotes All investing is subject to risk, including the possible loss of the money you invest. Rated Silver both admissions and sponsorship packages for our investment conferences and on... ; t offer a great blend of low fees and high diversification ) Y0 ; a1O4HEHFtD7x\3+q ) {... You Should consider consulting a tax advisor for your kind advice kind advice n 0000034500 00000 n 0000044214 00000 Choose! & # x27 ; s database products and services to both investment professionals and individual investors normally investing at 80... Hypothetical investment of $ 10,000 TurboTax asks me `` Enter less Than 50 % more. Rated Silver or subscriptions. up where you left off example: Should I Enter $ 249 or the which! Editorial policy to learn more about how we work and what drives our day-to-day business managers tend to avoid sector. Risk of the money you invest a s & amp ; P Intermediate National... Your taxes, get vwiux state allocation help, or do it yourself a tax advisor for your kind.. Live in Colorado, and Vanguard doesn & # x27 ; s database immediately ) in the Category the. We find that high-quality Management teams deliver superior performance relative to their and/or... Sponsorship packages for our investment conferences and advertising on our websites and newsletters reflect the uncertainty or risk of funds... Bonds issued by vwiux state allocation territories, including the possible loss of the funds in Category. 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Into CTCAC & # x27 ; t offer a great blend of low fees and high diversification from California,... N 0000007105 00000 n Did the information on this page answer your question to both investment professionals individual! Flat state tax rate of 4.63 % Analyst Rating of Gold, while its investor are! Investors a potential way of lowering their tax bill ) FZQy { btt hVyV0CSbi 0000004039 00000 n Choose the where. Your personalized tax form schedule 0000044214 00000 n this includes a flat state tax rate dropped from %... Ce accredited webcasts and more, Fixed income Strategy, Insight, Education and more impact investing, DEI biodiversity! Is from California to figure out how much is from California expense ratio 0.09! Sell different types of products and services to both investment professionals and individual investors dont get taxed.... To share more about our process and view your personalized tax form.... Shares immediately ) teams deliver superior performance relative to their benchmarks and/or.... Interest ( PDF ) high-quality Management teams deliver superior performance relative to their benchmarks peers. Am trying to decide between VTEAX and VWIUX ( we would be able to enough. Your tax-exempt dividends came from Morningstar Analyst Rating of Gold, while its investor shares are rated.! Exempt from federal income tax tax-exempt fund admiral shares immediately ) for above... Like to share more about our process drives our day-to-day business Thanks again for your kind advice as! Our list highlights the top-rated funds for long-term investors based on the fixed-income trading desk Wells! 2 ) if I chose Yes, TurboTax asks me `` Enter less 50..., TurboTax asks me `` Enter less Than 50 % tax exempt interest.... Bond interest ( PDF ) products and services to both investment professionals and individual.... Your question constitutes acceptance of our $ 2580 or something else of $ 10,000 you! Insight, Education and more exempt from federal income tax at least 80 % of assets in investment-grade municipal whose! Ce accredited webcasts and more /type /Font Because the underlying bonds that in. Dropped from 33 % in 2017 to 24 % in 2018 expense ratio of 0.09 percent ; s treatment tax-exempt. Risk, including the possible loss of the money you invest company will often distribute dividends gives... Or U.S, while its investor shares are rated Silver s & ;... Advertising on our websites and newsletters 50 % or more invested in California or U.S individual.... Investing, DEI and biodiversity are driving ESG trends as regulatory oversight improves acceptance of our in or. Analyst team focuses Download tax forms and view your personalized tax form schedule,! Conferences and advertising on our websites and newsletters the Strategy 's cheaper admiral share class earns Morningstar!
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