VMFXX closed out October with $322 billion in total net assets. Although bond holdings have interest rate sensitivity, government bonds overall are some of the safest investments available. The government can always print more money if it needs to cover any bond payments. Vanguard Treasury Money ...
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...
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 marginal state income tax rate was 10% that would be a ~$60 tax savings for every $1...
(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...