vanguard tax managed balanced fund morningstar

A fund with a substantially higher expense ratio would be a poor choice. The bond portfolio consists of federally tax-exempt municipal bonds.

The Real Reason To Index Morningstar

The Vanguard Tax-Managed Balanced Fund Admiral Shares VTMFX The funds asset allocation is around 48 in stocks and 52 in bonds.

. See Vanguard Balanced Index Fund performance holdings fees risk and other data from Morningstar SP and others. Who has been with Vanguard since 1998 has co-managed the fund since. Morningstar Risk is the difference between the Morningstar Return based on fund total returns and the Morningstar Risk Adjusted Return based on fund total returns adjusted for performance volatility.

Vanguard runs a terrific suite of tax-managed funds for nearly every role in investors portfolios and Vanguard Tax-Managed Balanced is a rare multi-asset fund that is a good fit for taxable. I would also advise against trading a tax-efficient passive index fund for an actively managed fund that might spin off excessive capital gains. The tax consequences of holding such a fund long-term could negate the benefit of the tax loss harvesting.

Morningstar calculates these risk levels by looking at the Morningstar Risk of the funds in the Category over the previous 5-year period.

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