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VTMFX - Vanguard Tax-Managed...

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Vanguard Tax-Managed Balanced Fund Admiral Shares

VTMFX

NASDAQ

The fund invests approximately 50% to 55% of its assets in municipal securities and the balance in common stocks. The fixed income portion of the fund is concentrated in high-quality municipal securities with a dollar-weighted average maturity expected to be between 6 and 12 years. At least 75% of the municipal bonds purchased by the fund will be rated in one of the top three credit-rating categories.

45.99 USD

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