Vanguard Intermediate Term Tax Exempt Fund Quote
| VWITX Fund | USD 13.51 0.01 0.07% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Vanguard Intermediate is trading at 13.51 as of the 25th of April 2024; that is -0.07 percent decrease since the beginning of the trading day. The fund's open price was 13.52. Vanguard Intermediate has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Vanguard Intermediate Term Tax Exempt are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
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. At least 75 percent of the securities held by the fund are municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization or, if unrated, determined to be of comparable quality by the advisor.. More on Vanguard Intermediate Term Tax Exempt
Moving together with Vanguard Mutual Fund
| 0.82 | VMLUX | Vanguard Limited Term | PairCorr |
| 0.82 | VMLTX | Vanguard Limited Term | PairCorr |
Vanguard Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Vanguard Intermediate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Vanguard Intermediate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Vanguard Funds, Large Funds, Muni National Interm Funds, Muni National Interm, Vanguard, Large, Muni National Interm (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 27th of February 2023 |
| Fiscal Year End | October |
Vanguard Intermediate Term Tax Exempt [VWITX] is traded in USA and was established 25th of April 2024. Vanguard Intermediate is listed under Vanguard category by Fama And French industry classification. The fund is listed under Muni National Interm category and is part of Vanguard family. This fund at this time has accumulated 70.21 B in net assets with no minimum investment requirementsVanguard Intermediate is currently producing year-to-date (YTD) return of 0.05% with the current yeild of 0.01%, while the total return for the last 3 years was -0.58%.
Check Vanguard Intermediate Probability Of Bankruptcy
Instrument Allocation
Vanguard Intermediate Target Price Odds Analysis
Based on a normal probability distribution, the odds of Vanguard Intermediate jumping above the current price in 90 days from now is about 92.78%. The Vanguard Intermediate Term Tax Exempt probability density function shows the probability of Vanguard Intermediate mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Vanguard Intermediate has a beta of 0.0674. This entails as returns on the market go up, Vanguard Intermediate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Vanguard Intermediate Term Tax Exempt will be expected to be much smaller as well. Additionally, vanguard Intermediate Term Tax Exempt has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Vanguard Intermediate to move above the current price in 90 days from now is about 92.78 (This Vanguard Intermediate Term Tax Exempt probability density function shows the probability of Vanguard Mutual Fund to fall within a particular range of prices over 90 days) .
Vanguard Intermediate Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Vanguard Intermediate market risk premium is the additional return an investor will receive from holding Vanguard Intermediate long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Vanguard Intermediate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Vanguard Intermediate's alpha and beta are two of the key measurements used to evaluate Vanguard Intermediate's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.0981 | |||
| Semi Deviation | 0.1333 | |||
| Standard Deviation | 0.1509 | |||
| Variance | 0.0228 |
Vanguard Intermediate Against Markets
Picking the right benchmark for Vanguard Intermediate mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Vanguard Intermediate mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Vanguard Intermediate is critical whether you are bullish or bearish towards Vanguard Intermediate Term Tax Exempt at a given time. Please also check how Vanguard Intermediate's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vanguard Intermediate without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Vanguard Mutual Fund?
Before investing in Vanguard Intermediate, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Vanguard Intermediate. To buy Vanguard Intermediate fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Vanguard Intermediate. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Vanguard Intermediate fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Vanguard Intermediate Term Tax Exempt fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Vanguard Intermediate Term Tax Exempt fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Vanguard Intermediate Term Tax Exempt, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Vanguard Intermediate Term Tax Exempt?
The danger of trading Vanguard Intermediate Term Tax Exempt is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Vanguard Intermediate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Vanguard Intermediate. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vanguard Intermediate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Intermediate Term Tax Exempt. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.