Does any one have any thoughts on Vanguard's new VTES short-term tax-exempt fund?
I have some short-term reserves in VWSUX (Vanguard Ultra Short-Term Tax-Exempt) and was wondering how they compare.
Looks like VWSUX has a duration of 1.1 years and VTES could be a little longer since it's benchmark is 0-7 year index.
Vanguard's new short-term tax-exempt fund VTES vs VWSUX
Vanguard's new short-term tax-exempt fund VTES vs VWSUX
Get most of it right and don't make any big mistakes. All else being equal, simpler is better. Simple is as simple does.