Vanguard New York Long-Term Tax-Exempt Fund Investor Shares

Frequently Asked Questions About VNYTX

What are the top holdings of VNYTX?

Vanguard New York Long-Term Tax-Exempt Fund Investor Shares holds 1576 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.

How many holdings does VNYTX have?

VNYTX holds 1576 positions as reported by the fund's most recent disclosure.

What sectors does VNYTX invest in?

Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is VNYTX most exposed to?

VNYTX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is VNYTX a US-only fund?

The country allocation card on this page shows VNYTX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does VNYTX invest in?

The fund's primary objective is to deliver current income shielded from both federal and New York state personal income taxes. It is exclusively geared towards individuals residing in New York. Its investments primarily target high-quality municipal bonds originating from New York state and local governments, as well as regional government and public financing authorities. Under most conditions, at least 80% of the fund's assets will be invested in securities whose earnings are exempt from both federal and New York state taxes. Although there are no upper limits on the maturities of individual bonds held, the fund's dollar-weighted average maturity is projected to fall between 10 and 25 years. With an average duration of roughly 6-10 years, its net asset value is considerably more sensitive to interest rate fluctuations than that of shorter-term bond funds. Individuals seeking interest income exempt from federal and New York state taxes, who are also prepared to accept interest rate risk, may find this fund to be a compelling option.