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Find out if the vanguard federal money market fund is a suitable choice for investors when interest rates are rising. Investment objective vanguard cash reserves federal money market fund seeks to provide current income while maintaining liquidity and a stable share price of $1. The vanguard prime money market fund investor class (vmmxx) seeks to provide the highest income while maintaining liquidity and a stable share price of $1
The vanguard prime money market fund, or vmmxx, is an investment fund offered through vanguard that invests in u.s However, vmmxx shares were converted to vmrxx back in 2021. Government securities and foreign bonds
As its main goal is to provide current income and preserve shareholders’ principal investments, the fund maintains a share price of $1.
Learn their benefits and how to use them. Vanguard offered two “prime” money market mutual funds The vanguard cash reserves federal money market fund admiral shares (vmrxx) and the vanguard cash reserves federal money market fund (vmmxx)
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