The fund prioritizes short-term government bonds, which makes income more sensitive to changes in interest rates. The fund has 249 total holdings with an average maturity of 38 days. VMFXX closed out October with $322 billion in total net assets. Although bond holdings have interest rate ...
For the Vanguard Federal Money Market Fund (VMFXX), this percentage was 59.87% in 2024.(For reference, it was 49.37% in 2023.) Therefore, if you earned $1,000 in total interest from VMFXX in 2024, then $598.70 could possibly be exempt from state and local income taxes. If your margi...
Vanguard puts you and your investment outcomes first by sweeping brokerage account cash balances into money market funds with a low expense ratio. Additionally, Vanguard will pay you a return on idle cash utilizing the VMFXX Federal Money Market Fund.45This interest rate is much higher than its...
(vmfxx) for one option of our settlement funds. learn more about types of cash investments money market mutual funds money market mutual funds are one of the most conservative places to keep your cash. settlement fund this holds the money you use to buy securities, as well as the proceeds...