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Vanguard Municipal Money Market Fund (VMSXX) The Vanguard Municipal Money Market Fund aims to provide current income that is exempt from federal income taxes while maintaining stability and a high ...
Divide that dollar amount by the average size of the fund's investments over the same 7 days. Multiply by 365/7 to give the 7-day SEC yield. To calculate approximately how much interest one might earn in a money fund account, take the 7-day SEC yield, multiply by the amount invested, divide by the number of days in the year, and then multiply ...
Secondary CDs are those sold by other investors who need their funds before maturity. ... a 12-month brokered CD with Vanguard earns a 4.40% yield ... Money market account. Rates on money market ...
This wasn’t an issue a few years ago, when the federal funds rate was near zero. ... customers can choose the Vanguard Federal Money Market Fund as their brokerage settlement option, yielding 4. ...
A money market fund (also called a money market mutual fund) is an open-end mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper. [1] Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments, while paying income to investors in the form of ...
The Federal Reserve cut its federal funds rate by a quarter point today following a two-day policy meeting, bringing its benchmark rate to between 4.25% and 4.50%. ... Money market funds, which ...