How much interest does Vanguard money market pay?
How much interest does Vanguard money market pay?
| 1-yr | 5-yr | |
|---|---|---|
| Federal Money Mkt Fund | 0.02% | 1.01% |
| US Gov’t Money Market Funds Average* | 0.02% | 0.68% |
Does Vanguard money market fund earn interest?
Vanguard Cash Reserves Federal Money Market Fund The expense ratio is 0.16% ($16 annually for every $10,000 invested) and the seven-day SEC yield, which reflects the interest earned after deducting fund expenses for the most recent seven-day period, is 0.01%.
What is rate of return for Vanguard Federal money market?
Lipper Ranking & Performance
| Fund Return | Index (Barclay US Agg) | |
|---|---|---|
| YTD | 0.08% | -9.28% |
| 1yr | 0.09% | -8.36% |
| 3yr 2 | 0.56% | -0.23% |
| 5yr 2 | 1.00% | 1.06% |
What is the rate of return on a money market mutual fund?
Over time, common stocks have returned about 8% to 10% on average, including recessionary periods. By investing in a money market mutual fund, which may often yield just 2% or 3%, the investor may be missing out on an opportunity for a better rate of return.
Can a money market fund lose money?
Money market funds are mutual funds that invest in securities, and they can potentially lose value. Money market accounts are often FDIC-insured bank accounts.
Does Vanguard have a high yield savings account?
Income: The Vanguard Prime Money Market Fund pays a better yield than most savings accounts, checking accounts, and short-term CDs do. Although the fund’s current annualized yield is only about 0.50%, it’s far better than the sub-0.10% returns many savings accounts are offering.
Which Vanguard fund pays highest dividends?
Best Vanguard Funds for Dividends
- Vanguard Utilities Index Adm (VUIAX) focuses on stocks in the utilities sector, which is highly sought for its high dividends.
- Vanguard High Dividend Yield Index (VHYAX) is ideal for investors looking for income now with high yields for stocks.
Do any Vanguard funds pay monthly dividends?
Vanguard ETFs are noted in the industry for their lower-than-average expense ratios. Most of Vanguard’s ETF products pay quarterly dividends; some pay annual dividends; and a few pay monthly dividends.
