VTMFX - Vanguard TaxManaged Balanced Fund Admiral Shares Stock Price & Dividend Safety Sector: Financial Services | Exchange: NASDAQ Current Price & Safety Score Price: 51.36 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: 0.00 Company Description A Vanguard offering from its taxmanaged investment series this fund dedicates roughly 50 of its portfolio to US stocks focusing on mid and largecap companies with the remaining balance invested in municipal bonds that are free from federal taxes The equity portion utilizes an indextracking strategy designed to replicate its benchmark while actively minimizing taxable dividend distributions It is primarily intended for investors in higher tax brackets who are pursuing some capital appreciation and can tolerate the market fluctuations associated with both stock and bond investments Please note The funds taxefficiency goal may not always be met