# Portfolio overlap — VMLUX vs ASTEX Comparing **VANGUARD LIMITED-TERM TAX-EXEMPT FUND** (2026-01-31) and **American Funds Short-Term Tax-Exempt Bond Fund** (2026-01-31). - Shared positions: 394 - VANGUARD LIMITED-TERM TAX-EXEMPT FUND covered by American Funds Short-Term Tax-Exempt Bond Fund: 0.1004891948526775638789729811 - American Funds Short-Term Tax-Exempt Bond Fund covered by VANGUARD LIMITED-TERM TAX-EXEMPT FUND: 0.1004891948526775638789729810 ## VANGUARD LIMITED-TERM TAX-EXEMPT FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | Vanguard Municipal Cash Management Fund | 0.026719 | | | SOUTHEAST ENERGY-E | 0.003996 | | | Nuveen AMT-Free Municipal Credit Income Fund | 0.003760 | | | MUNIBOND | 0.003708 | | | KY PUB ENERGY AUTH-A | 0.003677 | | | MUNIBOND | 0.003642 | ✓ | | MAIN STR NAT GA(RCC) 5% 9/1/30MT 53 | 0.003304 | ✓ | | NUVEEN AMT-FREE QUALITY MUNICIPAL INCOME FUND | 0.003260 | | | BLACK BELT ENERGY GAS VAR | 0.003206 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A | 0.003146 | ✓ | | Energy Southeast Cooperative District, Alabama, Energy Supply Revenue Bonds, Series 2025B | 0.003136 | | | NM MUNI ENERGY ACQ AU | 0.003091 | | | TN TNSUTL 05/01/2053 | 0.003091 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB | 0.003073 | ✓ | | MAIN STR NAT GA 4% 3/1/2050 | 0.003014 | | | ALLGNY CNTY HDA 0% 11/15/2047 | 0.003009 | | | Texas State University System | 0.002971 | | | RESTRUCTURED-SER A1 | 0.002954 | | | BLACK BELT ENERGY GAS VAR | 0.002807 | | | Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 5, Series 2023A | 0.002779 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.002777 | | | CTR PLN ENG GAS 5% MT | 0.002762 | | | TX TMGUTL 01/01/2054 | 0.002516 | ✓ | | RESTRUCTURED-SER A1 | 0.002478 | | | TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN | 0.002378 | | | MAIN STR NAT GA 4% MT | 0.002360 | | | TEXAS TRANSPORTATION VAR | 0.002316 | ✓ | | CALIFORNIA COMMUNITY VAR | 0.002243 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB | 0.002182 | | | PATRIOTS EN GRP 5.25% MT | 0.002149 | | | NE CENPWR 08/01/2055 | 0.002070 | | | TARRANT TX EDFC 5% MT | 0.002040 | | | HOUSTON UTIL-REF-B4 | 0.002035 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2024A-1 | 0.001991 | ✓ | | NY ST URBAN DEV CORP | 0.001980 | | | California Community Choice Financing Authority, Series C | 0.001974 | ✓ | | MAIN STR NAT GA 5% 12/1/2052 MT | 0.001936 | | | NY NY CITY HS(NEW YORK MHSG) 3.25% 2/1/30 MT 65 | 0.001932 | ✓ | | MAIN STR NAT GA 5% MT | 0.001923 | ✓ | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B | 0.001921 | ✓ | | CALIFORNIA COMMUNITY VAR | 0.001915 | | | MAIN STR NAT GA 5% MT | 0.001891 | | | BLACK BELT-SER-C | 0.001827 | ✓ | | TN TGYPWR 12/01/2051 | 0.001779 | | | MAIN STR NAT GA 5% MT | 0.001750 | | | TNDR OPT-FLTRS-DB8201 | 0.001737 | | | CO HEALTH FACS AUTH | 0.001726 | | | CALIFORNIA COMMUNITY VAR | 0.001711 | ✓ | | Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C | 0.001699 | | | NTHSIDE TX ISD 3% MT | 0.001696 | | ## American Funds Short-Term Tax-Exempt Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | UTILITY-TE-2 | 0.009626 | | | UNIV OF MICHIGAN MI REGD V/R B/E 2.40000000 | 0.008033 | | | PEFA INC VAR | 0.008017 | | | WASTE MANAGEMENT INC (MPT) 4.6% 10-01-46 | 0.007599 | | | CA STWD CMNTYS DEV-A | 0.007208 | ✓ | | MS BUS FIN-VAR-J-CHEV | 0.006608 | | | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES | 0.006392 | | | MUNIBOND | 0.005895 | ✓ | | ARIZONA ST INDL DEV AUTH MF HS REGD V/R B/E 5.00000000 | 0.005476 | | | WASTE MANAGEMENT INC (MPT) 4.25% 06-01-48 | 0.004952 | | | SOUTHEAST ENERGY AUTH VAR | 0.004654 | ✓ | | Los Angeles (City of), CA, Series 2025, RN | 0.004368 | | | State of Georgia, Series 2022C | 0.004351 | | | WASTE MANAGEMENT INC (MPT) 3.875% 08-01-38 | 0.004331 | | | HOUSTON TX UTILITY SYS REVENUE REGD V/R B/E 3.45000000 | 0.004319 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A | 0.004300 | ✓ | | UTAH ST HSG CORP MF REVENUE REGD N/C B/E HUD SEC 3.62500000 | 0.004245 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.004065 | ✓ | | VIRGINIA HSG DEV-G | 0.004058 | ✓ | | State of Hawaii Department of Budget and Finance, The Queen's Health Systems, Series 2025B | 0.003973 | | | MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPPORTUNITY ZONE | 0.003973 | | | California Community Choice Financing Authority, Series F | 0.003898 | ✓ | | State of Colorado, Series B | 0.003865 | | | PREREF CENTRL FL EXPRESSWAY AUTH SR L REGD B/E PREREFUNDED 07/01/26 @ 100 4.00000000 | 0.003761 | | | BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55 | 0.003755 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B | 0.003731 | ✓ | | NEW YORK MUNI WTR-AA2 | 0.003565 | | | PREREF BEXAR CNTY TX REGD B/E PREREFUNDED 06/15/26 @ 100 5.00000000 | 0.003489 | | | QUEEN'S HEALTH SYSTEMS OBLIGATED GROUP FRN 07-01-51 | 0.003455 | | | PALMDALE FAMILY HOUSING LP (MPT) 2.95% 01-01-56 | 0.003438 | ✓ | | STHRN CA PUB PWR-B | 0.003386 | ✓ | | STATE OF NORTH CAROLINA 5.0% 06-01-29 | 0.003367 | | | MI HSG ST DEV AUTH-A | 0.003354 | ✓ | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2024A-1 | 0.003204 | ✓ | | NYC TRANSITIONAL-F-1 | 0.003198 | ✓ | | HOUSTON TX ISD | 0.003161 | ✓ | | LOS ANGELES DEPT-C | 0.003139 | ✓ | | CARROLLTON-FARMERS BRANCH INDEPENDENT SCHOOL DISTRICT PSF-GTD 5.0% 02-15-27 | 0.003108 | | | NORTH PORT PRESERVATION LTD DIVIDEND HOUSING ASSOCIATION LLC FHA 223(F) (MPT) 5.0% 08-01-27 | 0.003088 | | | California Community Choice Financing Authority, Series B-1 | 0.003086 | ✓ | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.003085 | ✓ | | WISE VA IDA SW 3.125% MT | 0.003054 | ✓ | | NEW HAVEN UNIFIED SCHOOL DISTRICT AG 0.0% 08-01-29 | 0.003024 | | | TX EXXON 12 G=EXXON V1 | 0.003023 | | | NYC MUNI WTR FIN-DD | 0.002994 | | | EXXON MOBIL CORP FRN 12-01-40 | 0.002937 | ✓ | | RUSH SYSTEM FOR HEALTH OBLIGATED GROUP 5.0% 11-15-30 | 0.002931 | ✓ | | PORT OF PORTLAND OR AIRPORT REVENUE 5.0% 07-01-31 | 0.002884 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1 | 0.002831 | ✓ | | DICKSON TN HLTH EDUCTNL & HSG FAC BRD MF REVENUE | 0.002815 | ✓ | ## Sources - N-PORT (fund A) — accession `0000225997-26-000125` (as of 2026-01-31) - N-PORT (fund B) — accession `0001193125-26-130879` (as of 2026-01-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _