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VMFXX Vanguard Federal Money Market Investor

  • Fund
  • VMFXX
  • Price as of: Dec 02, 2016
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

VMFXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $48.5 B
  • Holdings in Top 10 36.1%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.10%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$3,000

IRA

$3,000

Investment Themes

CATEGORY

Money Market
  • Fund Type Money Market Fund
  • Investment Style Money Market-Taxable

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.1%
  • 5 Yr Annualized Total Return 0.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Vanguard Federal Money Market Fund
  • Fund Family Name Vanguard
  • Inception Date Jul 13, 1981
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager John C. Lanius

VMFXX - Performance

Return Ranking - Trailing

Period VMFXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 1566.7% 0.47% 1
1 Yr 0.2% -0.8% 3.1% 8.26% 1
3 Yr 0.1% * -0.3% 4.1% 11.09% 1
5 Yr 0.1% * -0.2% 4.0% 13.27% 1
10 Yr 0.9% * -0.1% 4.0% 16.18% 1

* Annualized


Return Ranking - Calendar

Period VMFXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.0% -100.0% 0.4% 0.33% 1
2014 N/A -100.0% 900.1% N/A N/A
2013 N/A -4.5% 0.0% N/A N/A
2012 N/A 0.0% 1.4% N/A N/A
2011 N/A 0.0% 6.1% N/A N/A

Total Return Ranking - Trailing

Period VMFXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 1566.8% 1.31% 1
1 Yr 0.2% -5.7% 3.1% 8.35% 1
3 Yr 0.1% * -1.9% 4.1% 10.99% 1
5 Yr 0.1% * -1.2% 4.0% 13.27% 1
10 Yr 0.9% * -0.1% 4.0% 16.18% 1

* Annualized


Total Return Ranking - Calendar

Period VMFXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.0% -100.0% 2.6% 1.66% 1
2014 N/A -100.0% 900.1% N/A N/A
2013 N/A -4.6% 0.0% N/A N/A
2012 N/A 0.0% 3.5% N/A N/A
2011 N/A 0.0% 6.2% N/A N/A

NAV & Total Return History

VMFXX - Holdings

Filings data as of: May 31, 2016

Concentration Analysis

VMFXX Category Low Category High VMFXX % Rank Quintile
Net Assets 48.5 B 500 K 163 B 1.19% 1
Number of Holdings 152 1 1039 4.65% 1
Net Assets in Top 10 5.13 B 5.17 M 116 B 5.61% 2
Weighting of Top 10 36.1% 5.2% 100.5% 24.68% 4

Top 10 Holdings

  1. Jp Morgan Securities Llc (Dated 5/31/16, Repurchase Value $950,008,000, Col 6.69%
  2. Bank Of Nova Scotia (Dated 5/31/16, Repurchase Value $950,007,000, Collater 6.69%
  3. Federal Home Loan Mortgage 4.22%
  4. Fannie Mae Discount Notes 3.86%
  5. Td Securities (Usa) Llc (Dated 5/26/16, Repurchase Value $400,023,000, Coll 2.82%
  6. Td Securities (Usa) Llc (Dated 5/31/16, Repurchase Value $400,023,000, Coll 2.82%
  7. US Treasury Note 1.5% 2.75%
  8. Federal National Mortgage Assn. 2.11%
  9. United States Treasury Bill 2.11%
  10. Federal Home Loan Bank Discount Notes 2.03%

Asset Allocation

Weighting Category Low Category High VMFXX % Rank Quintile
Cash
56.61% 0.00% 100.70% 22.04% 4
Bonds
44.52% 0.00% 100.00% 10.83% 2
Stocks
0.00% 0.00% 4.41% 0.16% 1
Convertible Bonds
0.00% 0.00% 0.00% 0.08% 1
Preferred Stocks
0.00% 0.00% 6.43% 0.32% 1
Other
-1.13% -12.63% 100.00% 10.10% 5

Bond Sector Breakdown

Weighting Category Low Category High VMFXX % Rank Quintile
Cash & Equivalents
56.61% 0.00% 100.70% 22.36% 4
Securitized
38.73% 0.00% 78.68% 0.56% 1
Government
5.79% 0.00% 97.46% 10.98% 2
Corporate
0.00% 0.00% 22.65% 8.65% 2
Municipal
0.00% 0.00% 100.00% 16.75% 3
Derivative
0.00% 0.00% 1.15% 0.16% 1

Bond Geographic Breakdown

Weighting Category Low Category High VMFXX % Rank Quintile
US
44.52% 0.00% 100.00% 10.98% 2
Non US
0.00% 0.00% 7.46% 1.76% 1

VMFXX - Expenses

Operational Fees

VMFXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.10% 0.00% 137.84% 12.99% 1
Management Fee 0.09% 0.00% 0.60% 3.48% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.50% N/A N/A

Sales Fees

VMFXX Fees (% of AUM) Category Low Category High VMFXX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

VMFXX Fees (% of AUM) Category Low Category High VMFXX Rank Quintile
Max Redemption Fee N/A 0.25% 0.25% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VMFXX Fees (% of AUM) Category Low Category High VMFXX Rank Quintile
Turnover N/A 0.00% 1054.00% N/A N/A

VMFXX - Distributions

Dividend Yield Analysis

VMFXX Category Low Category High VMFXX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.29% 0.96% 1

Dividend Distribution Analysis

VMFXX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

VMFXX Category Low Category High VMFXX % Rank Quintile
Net Income Ratio 0.01% -0.23% 2.23% 3.35% 2

Capital Gain Distribution Analysis

VMFXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

VMFXX - Managers

John C. Lanius

Manager

Start Date

Dec 28, 2007

Tenure

8.76

Tenure Rank

15.1%

John C. Lanius, Portfolio Manager at Vanguard. He has been with Vanguard since 1996, has worked in investment management since 1997, has managed investment portfolios since 2004, and has managed the Federal Money Market Fund since 2007. Education: B.A., Middlebury College.


Tenure Analysis

Category Low

0.1

Category High

41.1

Category Average

11.7

Category Mode

4.8