What does Vanguard Massachusetts Tax-Exempt Fund do?

Vanguard Massachusetts Tax-Exempt Fund (VMATX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is VMATX's market cap?

Vanguard Massachusetts Tax-Exempt Fund (VMATX) has a market capitalization of approximately $3.71 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does VMATX pay a dividend?

Yes — Vanguard Massachusetts Tax-Exempt Fund (VMATX) pays a dividend monthly, with a trailing-twelve-month yield of 3.68%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

VMATX

Vanguard Massachusetts Tax-Exempt Fund

NASDAQ·Asset Management · Financial Services

$10.04$0.03−0.30%

Market cap$3.71B·Jul 23 12:10 PM UTC

Price Chart

$10.04−$0.03 (−0.30%)today

−13.00%CAGR −2.75%

Select date range

FromTo

Dec 9, 1998Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)3.77%

Annual Dividend (FWD)$0.38

Dividend Growth (5Y)+7.5%

Dividend Safety—

Payout Ratio—

FCF Payout Ratio—

Most Recent Dividend$0.032

Ex-Dividend DateJun 30

Payment DateJul 1

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

PRO

See exactly how VMATX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.

The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for VMATX and 80,000+ other tickers.

About Vanguard Massachusetts Tax-Exempt Fund

The primary aim of this fund is to generate a substantial amount of current income, free from both federal and Massachusetts personal income taxes. Exclusively available to Massachusetts residents, it principally allocates its investments to high-quality municipal bonds issued by state and local governments within Massachusetts, along with regional and public financing authorities. Under normal operating conditions, a minimum of 80% of the fund's holdings will consist of securities that provide income exempt from federal and Massachusetts state taxes. Although there are no specific…

Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: investor.vanguard.com/investment-products/mutual-funds/profile/vmatx

Peers

Peers Tab

JVTIX

Janus Henderson Venture Fund

Cap

$3.6B

JVTAX

Janus Henderson Venture Fund

Cap

$3.6B

FFFCX

Fidelity Freedom 2010 Fund

Cap

$3.0B

Latest News

News Tab

No recent news available.

Frequently Asked Questions About VMATX

What does Vanguard Massachusetts Tax-Exempt Fund do?: Vanguard Massachusetts Tax-Exempt Fund (VMATX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is VMATX's market cap?: Vanguard Massachusetts Tax-Exempt Fund (VMATX) has a market capitalization of approximately $3.71 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does VMATX pay a dividend?: Yes — Vanguard Massachusetts Tax-Exempt Fund (VMATX) pays a dividend monthly, with a trailing-twelve-month yield of 3.68%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.