Vusxx vs vmfxx.

Product summary. Vanguard New York Municipal Money Market Fund’s investment objective is to seek to provide current income that is exempt from both federal and New York personal income taxes while maintaining a stable net asset value of $1 per share. The fund is intended for New York residents only. Under normal circumstances, …I have a ton of cash sitting in VMFXX at 4.52% (and a CD) since rates are likely not finished going up.. VUSXX is good too especially if you are in a high income tax state. At this point, I lean toward more money market funds and HYSA vs a CD because of higher rates in the future and the liquidity component.VMFXX#ip=1. More of the interest created by VUSXX will likely be exempt from state income taxes, because it usually holds a higher percentage of its assets in US Treasury products and fewer dollars are held in repurchase agreements. Regards, "All of us would be better investors if we just made fewer decisions." - Daniel Kahneman.Jul 25, 2018 · I’ll just assume that you are not in the NIIT tax range or subject to NYC city taxes for an effective rate of 30.25%. Let’s take a hypothetical $100,000 for VMFXX, VMRXX, VUSXX and VYFXX and compound the gross dividend interest for year 2022: VMFXX $1,552.35. VMRXX $1,561.06. VUSXX $1,504.64. VYFXX $1,022.42. 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 exclusion ...

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 …

virginiabirdie wrote: ↑ Mon May 23, 2022 1:24 pm Please be patient with me -- why do people invest in funds like VUSXX and VMFXX, which yield less than a bank MM (Capital One)? SEC 7 day yield on VUSXX is 0.57%; capital one is 0.60%. There is a state tax advantage to the Vanguard funds, I think, but does that make that much of a difference?VGSH 'can' decline but the drawdowns have been modest (~3% this year). For most people 6 months of expenses vs 0.97*6 = 5.82 months of expenses isn't going to make a material difference. As long as you understand the risk it is an alternative to cash. It isn't for everyone. Some people must have exactly six month of expenses in plain old cash.

VUSXX right now has 7 day yield of 2.21% with weighted average maturity of 29 and weighted average life of 59 days, it also has expense ratio of .09% . FDLXX which is fidelity treasury only money market fund has 7 day yield of 1.9% with weighted average maturity of 44 days and weighted average life of 82 days, it has gross of .42 and net of .11.Vanguard closed its $39.5 billion Treasury Money Market Fund (VUSXX) to new shareholder accounts. The company is seeking to protect existing Fund shareholders from high levels of cash flow that could potentially accelerate reductions to the Fund’s yield. Existing shareholders of the Fund can continue to make purchases with no limits.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.By the way, I think that VMFXX has become much more familiar to Vanguard clients than it used to be back in 2007 when this article was originally written. Because of the money market fund reforms put into place during the aftermath of the 2008 financial crisis, VMFXX is now the default (and indeed the only) settlement fund for Vanguard ...

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Vanguard money market funds. Money Market funds offer lower market risk and give your savings an opportunity to grow. Open an account. View money market fund rates. — SEC yield. Average 7-day SEC yield as of — Vanguard Federal Money Market Fund (VMFXX) This is the default fund for the Vanguard Brokerage Account settlement fund. View fund.

Jul 25, 2018 · I’ll just assume that you are not in the NIIT tax range or subject to NYC city taxes for an effective rate of 30.25%. Let’s take a hypothetical $100,000 for VMFXX, VMRXX, VUSXX and VYFXX and compound the gross dividend interest for year 2022: VMFXX $1,552.35. VMRXX $1,561.06. VUSXX $1,504.64. VYFXX $1,022.42. mktwizard wrote: ↑ Sat Mar 11, 2023 12:54 am I shifted most of my cash balances from VMFXX Vanguard Federal Money Market Fund to VUSXX Vanguard Treasury Money Market Fund due to the fact that VMFXX surprised me this year by making me liable for state taxes by using Repos rather than just holding Treasuries(this was not the case over past decade).Feb 26, 2007 · 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. State tax = 70% taxable. VMFXX (Vanguard Federal Money Market Fund) is 49.37% USGO, therefore it is 50.63% is state taxable (unless you live in CA, CT, NY). I do not use TaxAct, but for TurboTax, when entering your 1099-DIV, there is a question that asks if any of the income is exempt from State Income taxes.It seems like every brand has its own credit card now. Are they worthwhile? And how did we get here? I remember when cobranded credit cards made more sense. Ah, the good old days. ...From inception vs VUSXX 1.96 vs 1.88 in favor of sgov which I found slightly surprising. On performance ytd vusxx .31 and sgov .29 I don't know how much that means since we aren't even a month into the year. ... The one thing I would note vmfxx vs sgov is that in high state tax states vmfxx has barely any treasuries anymore so its going to be ...

Or just stay with VUSXX ? by retired@50 » Wed Mar 29, 2023 2:47 pm. drwoods wrote: ↑ Wed Mar 29, 2023 2:37 pm As of today it looks like it is best to keep your money in the settlement fund, VMFXX at 4.72% minus the .11% fee (4.61%) vs the Cash Plus Account at 4.25%. You do give up the FDIC Insurance.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.Several Bogleheads advised me that the Vanguard Municipal Money market Fund (VMSXX) was an ideal place for cash due to the favorable tax treatment. I am in the 35% tax bracket. However, I see that the 7-day yield for VMSXX is 2.22% while VMFXX (Federal Money market fund) and VUSXX (treasury market fund) are yielding 5.28% and …So it is not very likely that 70% of VMFXX income is Treasury interest. State taxation of income from Repurchase Agreements is subject to considerable controversy: https://dspace2.creighton.edu/xmlui/bit ... 995%29.pdf. On the other hand, VUSXX portfolio composition: US Govt Obligations: ~6.5% , US T-Bills: ~93.5%:VUSXX. Benchmark. Number of holdings: 23 — Average maturity: 28.0 days — Weighted average life: 33.0 days — Fund total net assets as of 04/30/2024: $73.7 B — Risks associated with conservative funds . Vanguard funds are classified as conservative if their share prices are expected to remain stable or to fluctuate only slightly. Keep in ...

VUSXX money market yield now above 5%. Yesterday VUSXX broke above 5% and hit 7-day SEC yield of 5.03%. Archived post. New comments cannot be posted and votes cannot be cast. Very short term rates are artifically high, because investors want some compensation for the risk that T-bills maturing in June may not be paid when due.However, the savings is not $122.73 but the difference between the USGO percentage for VUSXX (80%) vs. VMFXX (49%). So the savings is less than half of $122 (and according to my web search, the maximum tax rate in ND is now 2.5%)...if you keep $100,000 in a money market fund.

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. 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.I’ll just assume that you are not in the NIIT tax range or subject to NYC city taxes for an effective rate of 30.25%. Let’s take a hypothetical $100,000 for VMFXX, VMRXX, VUSXX and VYFXX and compound the gross dividend interest for year 2022: VMFXX $1,552.35. VMRXX $1,561.06. VUSXX $1,504.64. VYFXX $1,022.42.Vanguard closed its $39.5 billion Treasury Money Market Fund (VUSXX) to new shareholder accounts. The company is seeking to protect existing Fund shareholders from high levels of cash flow that could potentially accelerate reductions to the Fund’s yield. Existing shareholders of the Fund can continue to make purchases with no limits.Vanguard’s three taxable money market funds— Treasury Money Market (VUSXX), Federal Money Market (VMFXX) and Cash Reserves Federal Money Market (VMRXX)—pulled in over $30 billion in net new cash during the first quarter. About $20 billion of that flooded in in March alone! I’ve got a few important points I want to make …VUSXX money market yield now above 5%. Yesterday VUSXX broke above 5% and hit 7-day SEC yield of 5.03%. Archived post. New comments cannot be posted and votes cannot be cast. Very short term rates are artifically high, because investors want some compensation for the risk that T-bills maturing in June may not be paid when due.VUSXX | A complete Vanguard Treasury Money Market Fund;Investor mutual fund overview by MarketWatch. View mutual fund news, mutual fund market and mutual …Either VUSXX or VMFXX will likely have a higher rate than a Fidelity or a Schwab money market fund. Regards, Agree with retired@50. Use Vanguard. In a minor and technical sense, VUSXX would have the combined dual advantages of being the safest (all treasuries) and the cheapest (0.09% expense ratio). VMFXX is also perfectly fine.Updated June 17, 2023. Reviewed by. Ebony Howard. Fact checked by. Skylar Clarine. Government money market mutual funds include funds that only invest in the following …

Pros: The 7-day yield is slightly higher than FZDXX and much higher than SPRXX (4.46% as of 2/8/2023). Required minimum is only $3k, so I can use it even in a low-balance account and get a higher rate than SPRXX. It’s a government market fund, so it’s safer and less/not subject to liquidity fees and redemption gates.

VMFXX vs VUSXX. 20% of my Emergency Fund is in a MMF for immediate liquidity, with the remainder in 1 yr T-Bills that mature quarterly (ladder). The question is regarding the best MMF choice. VUSXX has lower expenses (0.09% vs 0.11%), VMFXX has higher yield (3.77% 1 yr vs. 3.69%). Is it 6 of one, half dozen of the other?

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 ...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.many of you are aware of this, but for those who are not, if you keep a significant amount of cash in Vanguard Federal Money Market Fund (now yielding 4.46%) the interest is fully taxable by NY/Ca. (or 37% taxable by other states) while all interest in VUSXX (now yielding 4.4%) is free from state taxation. the state tax effect makes holding ...I was actually re-calculating and based on the idea that VMFXX likely has something like ~25% of its income taxable by state, it still comes out ahead vs. VUSXX (8% Marginal State Tax Rate * 25% Taxable by State * 4.21% VMFXX Yield = ~0.08% drag from state taxes vs. 23bp spread between 3.98% VUSXX & 4.21% VMFXX right now).In the end, either is fine. Not likely to make a big difference for anyone whether they choose HYSA, MMA, CDs, treasuries, or a treasuries ETF, as long as the rates they are getting are competitive. If VUSXX defaults, you have much worse things to worry about. Currently have all my savings in a HYSA with a 3.4% yield.az2023 wrote: ↑ Wed Sep 06, 2023 1:35 am I live in CA. I think that. 1) SGOV has 99% in Treasury Bill, so 99% of the gain is exempt for CA tax. 2) As of 09/01/2023, VUSXX is 79.90% Treasury Bills (much better than the 63.1% as of 06/30/23), so only this portion is CA tax exempt.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. Need to manually buy VUSXX in any Vanguard brokerage account (traditional IRA, Roth IRA, taxable) because VUSXX isn't the default money market fund. As of 6/13/23, VUSXX yields 5.06% annually and around 42% of distributions are state tax exempt because 42% of the fund is in T-bills.However, among a couple of small/indeterminate risks are more for VMFXX vs. FDIC insured deposits:-a 'technical' default by the government over 'debt ceiling' could at least temporarily gum up the works for redeeming money market funds full of govt issues (especially the more T-bill heavy, though *generally* even safer VUSXX). Need to manually buy VUSXX in any Vanguard brokerage account (traditional IRA, Roth IRA, taxable) because VUSXX isn't the default money market fund. As of 6/13/23, VUSXX yields 5.06% annually and around 42% of distributions are state tax exempt because 42% of the fund is in T-bills.

VMFXX is better than w/e cash plus is. Fed money markets are better than savings accounts right now because you aren't subsidizing banks as much, and there is little premium you lose on gov debt right now. Could change in the future. The "cash plus" seems like something you can just pay bills with.Performance charts for Vanguard Treasury Money Market Fund (VUSXX - Type MMF) including intraday, historical and comparison charts, technical analysis and trend lines.Vanguard Federal Money Market Fund (ticker: VMFXX) 5.3%: 0.11%: Vanguard Treasury Money Market Fund (VUSXX) 5.3%: 0.09%: Vanguard Cash Reserves Federal Money Market Fund Admiral Shares...by Geologist » Sat Mar 09, 2024 7:05 pm. I'm not sure why you titled your thread "Money Market or VUSXX" because VUSXX is the Vanguard Treasury Money Market Fund. Money Market fund yields change constantly. While that means the yield will go up rapidly if short-term rates go up (that would maximize your ROI), the yield will also go down ...Instagram:https://instagram. china one naplesryan malillojohnston county rest areageico phone number claims VUSXX is a type of money market fund offered by Vanguard. Vanguard offers a wide array of money market funds, including VMFXX, VMMXX, VMSXX, VCTXX, VYFXX and VUSXX. These funds all attempt to provide income while maintaining the primary objective of keeping a stable net asset value (NAV) of $1 per share. However, VUSXX is … 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. labcorp new rochelle nyplano malls Image Credits: WIN-Initiative Facebook, Nextdoor and many others in tech have focused on the concepts of community and neighborhoods to build connections between people and in turn... afterpay max limit VMFXX, because even though the interest earned isn't 100% state tax exempt, the current forward annual yield of 4.21% (as of 12/27/22) off sets the taxes I pay. I don't live in CA or NY either. VMFXX also has over 200 billion in total assets and has never broken the buck since inception 1981.VMFXX / VUSXX taxability for NJ. Currently doing my taxes for 2022 and held VFMXX. From other posts, I read that a portion of VMFXX is not state taxable if it came from US government debt obligations, and according to Vanguard, this is about 38%. The Vanguard doc notes that certain funds "meets the requirements for a New Jersey “qualified ...