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VMMXX Vanguard Prime Money Market Investor

  • Fund
  • VMMXX
  • Price as of: Aug 08, 2016
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

VMMXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return 0.1%
  • Net Assets $126 B
  • Holdings in Top 10 26.0%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.15%

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 Prime Money Market

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 0.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Vanguard Prime Money Market Fund
  • Fund Family Name Vanguard
  • Inception Date Jun 04, 1975
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager David R. Glocke

Fund Description

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 fund is actively managed and invests in a variety of commercial paper, ultrashort bonds, time deposits, CDs and other cash-like investments. In order to drive returns, management emphasizes specific issues and sectors that appear attractively priced relative to the market.

Investors of all ages should have some cash as part of their portfolio and VMMXX is a core option to achieve that. The fund is managed by Vanguard’s Fixed Income Group.

VMMXX - Performance

Return Ranking - Trailing

Period VMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -98.0% 2.0% 0.35% 1
1 Yr 0.3% 0.0% 5.6% 2.06% 1
3 Yr 0.1% * 0.0% 5.1% 4.73% 1
5 Yr 0.1% * 0.0% 4.6% 8.17% 1
10 Yr 1.1% * 0.4% 4.4% 13.49% 1

* Annualized


Return Ranking - Calendar

Period VMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.0% -99.0% 501500.0% 0.89% 1
2014 N/A 0.0% 0.0% N/A N/A
2013 N/A 0.0% 0.0% N/A N/A
2012 N/A 0.0% 0.0% N/A N/A
2011 N/A 0.0% 0.0% N/A N/A

Total Return Ranking - Trailing

Period VMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 2.0% 0.79% 1
1 Yr 0.3% -5.7% 5.6% 2.07% 1
3 Yr 0.1% * -1.9% 5.1% 4.73% 1
5 Yr 0.1% * -1.2% 4.6% 8.17% 1
10 Yr 1.1% * -0.1% 4.4% 13.49% 1

* Annualized


Total Return Ranking - Calendar

Period VMMXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.0% -100.0% 0.4% 0.32% 1
2014 N/A 0.0% 0.0% N/A N/A
2013 N/A 0.0% 0.0% N/A N/A
2012 N/A 0.0% 0.0% N/A N/A
2011 N/A 0.0% 0.0% N/A N/A

NAV & Total Return History

VMMXX - Holdings

Filings data as of: Feb 29, 2016

Concentration Analysis

VMMXX Category Low Category High VMMXX % Rank Quintile
Net Assets 126 B 500 K 127 B 0.16% 1
Number of Holdings 365 1 1161 1.20% 1
Net Assets in Top 10 36 B 5.17 M 113 B 0.56% 1
Weighting of Top 10 26.0% 5.2% 109.4% 30.69% 5

Top 10 Holdings

  1. United States Treasury Bill 0.321%-0.417% 5.04%
  2. United States Treasury Bill 0.421% 4.46%
  3. United States Treasury Bill 0.536%-0.552% 3.24%
  4. United States Treasury Bill 0.321%-0.346% 2.52%
  5. United States Treasury Bill 0.280%-0.350% 2.38%
  6. United States Treasury Frn Rate Note 0.373% 2.10%
  7. United States Treasury Bill 0.331%-0.336% 1.80%
  8. United States Treasury Bill 0.552%-0.572% 1.58%
  9. Dnb Bank Asa (New York Branch) 0.370% 1.44%
  10. United States Treasury Bill 0.280%-0.285% 1.40%

Asset Allocation

Weighting Category Low Category High VMMXX % Rank Quintile
Cash
100.74% 0.00% 140.12% 0.16% 1
Bonds
0.32% 0.00% 100.00% 26.56% 4
Stocks
0.00% 0.00% 0.00% 0.08% 1
Convertible Bonds
0.00% 0.00% 0.00% 0.08% 1
Preferred Stocks
0.00% 0.00% 6.43% 0.40% 1
Other
-1.05% -40.65% 100.00% 9.13% 5

Bond Sector Breakdown

Weighting Category Low Category High VMMXX % Rank Quintile
Cash & Equivalents
100.74% 0.00% 140.12% 0.16% 1
Government
0.32% 0.00% 48.26% 11.46% 2
Securitized
0.00% 0.00% 75.02% 3.45% 1
Corporate
0.00% 0.00% 26.37% 7.61% 2
Municipal
0.00% 0.00% 100.00% 16.35% 3
Derivative
0.00% 0.00% 1.15% 0.16% 1

Bond Geographic Breakdown

Weighting Category Low Category High VMMXX % Rank Quintile
US
0.32% 0.00% 100.00% 26.60% 4
Non US
0.00% 0.00% 7.46% 1.20% 1

VMMXX - Expenses

Operational Fees

VMMXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.15% 0.00% 83.73% 12.43% 1
Management Fee 0.13% 0.00% 0.60% 3.16% 2
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

VMMXX Fees (% of AUM) Category Low Category High VMMXX 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

VMMXX Fees (% of AUM) Category Low Category High VMMXX 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.

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

VMMXX - Distributions

Dividend Yield Analysis

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

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

VMMXX Category Low Category High VMMXX % Rank Quintile
Net Income Ratio 0.02% -0.23% 2.25% 2.39% 2

Capital Gain Distribution Analysis

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

VMMXX - Managers

David R. Glocke

Manager

Start Date

Jul 01, 2003

Tenure

13.09

Tenure Rank

8.6%

Glocke is principal and portfolio manager with Vanguard Group. He has worked in investment management since 1991, has managed investment portfolios for Vanguard since 1997, and has managed the Short-Term Treasury Fund since 2000. Education: B.S., University of Wisconsin.


Tenure Analysis

Category Low

0.2

Category High

40.9

Category Average

11.6

Category Mode

1.6