Vusxx vs vmfxx
FDLXX vs VUSXX (tax-equivalent yield) I know VUSXX was the darling here for a while, but it seems to me like these two funds may be equals these days (depending on your state and income when considering tax-equivalent yield) since VUSXX went heavy into repos. FDLXX 7 day SEC 4.87%, 92% state exempt. VUSXX 7 day SEC 5.15%, 66% state exempt.VUSXX can sometimes be a little higher or lower than VMFXX, but is state tax exempt. So being at 3.99% for you, divide that by .95, and it's effectively at 4.2% for you. Or it should be at least, if you believe it is actually state tax deductible for MA. Haven't double checked, but it should be. VMFXX is 4.21% right now. I never read much about ...Jan 29, 2019 · VUSXX is the safest because of its pure T-Bills composition. VMFXX is second safest. VMMXX is the least safe and is also gated, which makes it unsuitable for an emergency fund. Thus VUSXX is the safest choice. It is safer than VMFXX since it yields the same, but is also exempt from state and local taxes.
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VUSXX vs VMFXX for holding cash. VUSXX has a lower expense ratio (.09 vs .11) and a slightly higher yield. Thoughts on why anyone wouldn't use it to hold cash? Archived post. New comments cannot be posted and votes cannot be cast. 1. 8 Share.Before vusxx just followed short less than a month Tbills they added repos recently so if something happened with those could cause yields to go negative. The likelihood of that is similar to Treasury default. I'd not worry about it. Perfectly safe in a MM mutual fund.Any really difference or advantages between them? VUSXX is state tax exempt which can be important in high tax states like CA/CT/NY. VUSXX also has 3000 min initial balance . VMFXX is my current settle fund on Vanguard but doesn’t have anything it. Was thinking about moving cash from Ally into vanguard and into VMFXX or….1 day ago · Market Value USD. Sector. Federal Reserve Bank Of New York Federal Reserve Bank Of New York 5.300000%. 32.06. 95.6 Bil. Cash and Equivalents. Fixed Income Clearing Corp. Fixed Income Clearing Corp ... For example, $100K in VMFXX or VUSXX, assuming 10% state and local income tax, you would earn about $5,400 in interest in either case. You would pay $540 in state and local taxes using VMFXX. VUSXX would be better than VMFXX because you would pay less in state taxes. VUSXX is expected to have somewhere between 50% and 80% state tax …Vanguard Treasury Money Market Fund, which invests primarily in U.S. Treasury securities, seeks to provide current income and preserve shareholders’ principal investment by maintaining a share price of $1. This fund at a minimum invests 80% of the assets in debt issued directly by the government in the form of Treasury bills and in repurchase ...Vanguard Federal Money Market Fund seeks to provide current income while maintaining a stable $1 NAV and a very short average maturity. The fund invests at least 99.5% of its total assets in cash, government securities, and/or repurchase agreements that are collateralized solely by government securities or cash (collectively, government ...One of the main differences between the Vanguard MMAs is the minimum investment required. The Federal Money Market Fund has a minimum investment of $3,000, while the Tax-Exempt Money Market Fund ...Stormy Skies - Stormy skies provide the ultimate evidence that our atmosphere never rests. Learn why stormy skies occur and what the different types of storms are. Advertisement Th...As much as we depend on our gadgets and their accompanying software to do more of our daily tasks—from reminding us to go to meetings to crunching stats for our favorite sports pla...As much as we depend on our gadgets and their accompanying software to do more of our daily tasks—from reminding us to go to meetings to crunching stats for our favorite sports pla...USFR paid out $0.217 per share yesterday from an Ex-Div date of Feb 23rd. The share price on the 23rd was $50.47 for a yield for that month of %0.004299 or an annualized yield (by my math) of 5.28%. The 30 day SEC yield is 5.43% according to Schwab as I can't get into the Wisdom Tree website.Jun 23, 2010 · No, SPAXX holds mostly repos, which are not tax free in some states, and not quite as safe as a tsy-only fund. Safe enough, but more comparable to VMFXX (not VUSXX). See FZFXX for a comparable fund like VUSXX. Also the 2 equivalent Fidelity funds have higher expense ratios, hence will generally have lower yields compared to Vanguard equivalent ... A higher percentage of VUSXX income is exempt from state tax than is VMFXX income, which may overwhelm any apparent difference in yield (and doesn't VUSXX usually yield more anyway). This ^^^, especially in a high income tax state. For 2022, it is likely that there will be no state tax exemption for VMFXX in CA, CT and NY.
VMRXX and VMFXX look like the same fund and since VMRXX's average 7-day SEC yield is slightly higher than VMFXX's yield (5.28% vs. 5.27%, as of 8/24), I don't know why one would put money into VMFXX. I live in Tennessee, which doesn't have a state income tax, so I assume that has no impact on which fund I choose.The VMFXX 7 day yield (the "VMFXX yield") is the first performance-related number investors see when they visit the Vanguard VMFXX website, but it doesn't represent actual performance. As shown in Figure 1, the VMFXX yield stood at 5.27% on February 9, 2024, but this figure takes income the fund earned over the previous week and multiplies it ...Apr 12, 2019 · Thank you in advance. VMFXX (Vang Federal MM): 5.28% yield exp ratio 0.11%. VUSXX (Vang Treasury MM): 5.26% yield exp ratio 0.09%. VMSXX (Vang Muni MM): 3.12% yield exp ratio 0.15%. First off, your Federal rate is almost surely 40.8% including NIIT. My tool will give you a detailed analysis of the best option. Thank you in advance. VMFXX (Vang Federal MM): 5.28% yield exp ratio 0.11%. VUSXX (Vang Treasury MM): 5.26% yield exp ratio 0.09%. VMSXX (Vang Muni MM): 3.12% yield exp ratio 0.15%. First off, your Federal rate is almost surely 40.8% including NIIT. My tool will give you a detailed analysis of the best option.
But I don't see VMFXX as being more risky relative to VUSXX or direct bills than it normally is, might even be temporarily the other way around. A 'technical' default might mess up bill redemptions without messing up redemptions of short term agency debt, a lot of the 'govt obligations' in VMFXX. That money isn't being disbursed by the govt per ...To calculate your own rate of interest that you'd get to keep for the fund, you'd subtract your marginal tax rate from 1.0, then multiply that number times the SEC 7 day yield. ( 1.0 - 0.22) X 4.33% = 3.3774%. So, 3.3774% is the interest you'd actually get to keep by investing in VUSXX, if you're in the 22% Federal bracket.MembersOnline. •. SnortingElk. ADMIN MOD. VUSXX Treasury Money Market now yielding 4.61%. VUSXX just bumped up to 4.61%.. One of the highest yields for a money market fund. Note, this is the previous 7-day average so with the recent Feds 0.25% rate hike the funds yield will be quite a bit higher.. likely in the 4.8%+ yield range.…
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The Fund seeks to provide current income while maintaining liquidity and a stable share price of $1. At least 80% of the Funds assets will be invested in U.S. Treasury securities. The Fund ...There are surprising similarities across industrial chemical manufacturing. Last week, the US federal government announced a first-of-its-kind loan to Eastman Kodak, a US-based com...The difference of .04 percent is not going to make a huge difference in most cases. For every 100k that’s about forty dollars difference. Vusxx also has a 3000 min balance while vmfxx doesn’t. Oh interesting. The VMFXX page states it has a 3k investment minimum also.
Ignore the ER. All you need to pay attention to is the 7 day SEC yield, which has the ER factored in. From there, first you look at what's higher. That's usually VMFXX. But VUSXX is almost entirely state income tax deductible -- which means it effectively has a higher APY, the higher your tax bracket is. Calculate it by (VUSXX APY) / (1 - State ...Mar 16, 2023 · Vanguard puts out a bulletin in January with the percentages of tax-exempt state and local taxes assets. Last year VUSXX was 100% and I think VMFXX had some percent exempt. Right now, VUSXX has about 25% repos that are not exempt so I doubt it will be 100% exempt like last year.
VALLEY FORGE, PA (April 16, 2020)—Vanguard today c But I don't see VMFXX as being more risky relative to VUSXX or direct bills than it normally is, might even be temporarily the other way around. A 'technical' default might mess up bill redemptions without messing up redemptions of short term agency debt, a lot of the 'govt obligations' in VMFXX. That money isn't being disbursed by the govt per ... USFR paid out $0.217 per share yesterday from an Ex-Div date of FebJan 4, 2023 · So it is not very likely that 70% With interest rates going up, I am thinking of just leaving the money there instead of my original plan of moving it into SCHD. The current 7-Day SEC yield of VMFXX is 4.3% as opposed to the annual dividend yield for SCHD of 3.38%. Also to note, SCHD’s price dropped 6.24% last year. VUSXX is the safest because of its pure T-Bills composition. Thoughts on VUSXX vs VMFXX to park cash during this volatility? Both pretty low expense mm funds yld @ ~5%. VMFXX invests largely in securities issued by the U.S. government or its agencies. It also invests in repurchase agreements with collateral backing of U.S. Treasuries or to a lesser extent mortgage-backed securities.Both VBTLX and VMFXX have Treasury securities as a majority of their assets, so both might qualify for a partial state tax exemption. Vanguard won't release complete information about tax treatment until January, so I can't say that either one will necessarily be better from a tax standpoint. VUSXX more definitely qualifies for state tax exemption. Nov 6, 2023 · Another important consideration is cost. VMRXX is leHi all, I'm wondering why people are going thVUSXX right now has 7 day yield of 2.21% with weighted avera For the sake of simplicity, it makes sense to have one MM fund. State taxes are not an issue since these funds are in a traditional IRA. The VMFXX settlement fund is fine for one of your IRA investments. VUSXX and VMFXX are both classified as Government Money Market funds and are very safe. The 7 day SEC yields of the two funds are very close. VUSXX is better for state tax free. Repl VUSXX has surpassed the Vanguard default sweep account (VMFXX) and is a great choice for your cash. Alternatives include non penalty CDs and T-Bills (especially 4 month). I-Bonds are no longer competitive as the rate is expected to plummet to 2% for the next 6 month period. If you follow the KISS approach, VUSXX is currently the best option out ...VUSXX is better for state tax free. Reply. Like (3) Logan Kane. 11 Mar. 2023. ... Is it still better to put money in VMSXX (muni) at 2.99% vs VMFXX at 4.23% for anyone in highest tax bracket? I ... Pros: The 7-day yield is slightly higher than FZDX[Treasuries are not federal tax free...only state tax free. So VUSXX There's been a lot of talk about money market funds like VUSXX sinc Fund literature. View prospectus and reports. Vanguard Treasury Money Market Fund (VUSXX) - Find objective, share price, performance, expense ratio, holding, and risk details.A peninsula stretching south of the Alpide belt whose northern boundary is a breathtaking mountain chain. A land of wonderful—and wonderfully different—landscapes yet subject to de...