Vanguard Ohio Tax-Free Funds - Vanguard Ohio Long-Term Tax-Exempt Fund(NASDAQMUTFUND) VOHIX

The Vanguard Ohio Long-Term Tax-Exempt Fund is designed to generate current income exempt from federal and Ohio state personal income taxes. This fund primarily invests in high-quality municipal bonds issued by various Ohio entities, making it particularly appealing to Ohio residents in higher tax brackets.

Products and Services

• Invests primarily in high-quality municipal bonds
• Targets a dollar-weighted average maturity of 10 to 25 years
• Offers tax-exempt income at both federal and Ohio levels

Growth Outlook

• Market capitalization stands at approximately $1.46 billion
• Dividend yield of 3.87% provides attractive income potential
• Share price range between $10.82 and $11.87 indicates stability

Financial Highlights

• Recent dividend payment of $0.42875 per share
• Trailing twelve-month dividend yield of 3.87%
• Average share price sensitivity to interest rate fluctuations

The Vanguard Ohio Long-Term Tax-Exempt Fund focuses on providing tax-free income through investments in municipal bonds, which are essential for Ohio residents seeking to maximize their after-tax returns. The fund's strategy of targeting long-term bonds aligns with the needs of investors looking for stable income sources. With a solid market capitalization and a competitive dividend yield, the fund presents an appealing option for those interested in tax-exempt investment opportunities. The recent share price stability further enhances its attractiveness, making it a noteworthy consideration for potential investors.