VWSTX Vanguard Ultra Short-Term Tx-Ex Forecast, Technical & Fundamental Analysis

The investment seeks to provide current income that is exempt from federal personal income taxes, with limited price volatility. The fund employs an active management approach, investing mainly in state and local municipal bonds. Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities whose income is exempt from federal income tax. The fund typically invests at least 75% of its assets in municipal bonds.