VMMXX: Vanguard Cash Reserves Federal Money Market Fund - MutualFunds.com

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Vanguard Prime Money Market Investor

VMMXX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 1.7%
  • 5 Yr Annualized Return 1.2%
  • Net Assets $120 B
  • Holdings in Top 10 28.3%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.16%

SALES FEES

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

BROKERAGE FEES

  • Turnover 36.87%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Sep 29, 2020
  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification


Compare VMMXX to Popular Prime Money Market Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$1.00

0.00%

$120.16 B

2.27%

$0.02

0.00%

0.16%

$1.00

0.00%

$104.88 B

2.05%

$0.02

0.00%

0.42%

$1.00

0.00%

$84.33 B

-

-

0.00%

0.45%

$1.00

0.00%

$61.54 B

2.29%

$0.02

0.00%

0.21%

$1.00

0.00%

$49.80 B

2.05%

$0.02

0.00%

0.42%

VMMXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.33%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard Cash Reserves Federal 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
    Nafis Smith

Fund Description

The fund invests primarily in high-quality, short-term money market instruments. Under normal circumstances, at least 80% of its assets are invested in securities issued by the U.S. government and its agencies and instrumentalities. The fund maintains a dollar-weighted average maturity of 60 days or less and a dollar-weighted average life of 120 days or less.


VMMXX - Performance

Return Ranking - Trailing

Period VMMXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 76.62%
1 Yr 1.0% 0.0% 1.1% 22.38%
3 Yr 1.7%* 0.0% 1.8% 22.28%
5 Yr 1.2%* 0.0% 1.3% 17.71%
10 Yr 0.6%* 0.0% 0.7% 23.17%

* Annualized

Return Ranking - Calendar

Period VMMXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 76.12%
2018 N/A 0.0% 0.0% 91.45%
2017 N/A 0.0% 0.0% 91.59%
2016 N/A 0.0% 0.0% 90.75%
2015 N/A 0.0% 0.0% 90.86%

Total Return Ranking - Trailing

Period VMMXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 76.62%
1 Yr 1.0% -4.8% 1.1% 22.38%
3 Yr 1.7%* -0.6% 1.8% 22.28%
5 Yr 1.2%* -0.2% 1.3% 17.71%
10 Yr 0.6%* -0.1% 0.7% 23.17%

* Annualized

Total Return Ranking - Calendar

Period VMMXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 76.12%
2018 N/A 0.0% 0.0% 91.39%
2017 N/A 0.0% 0.0% 91.53%
2016 N/A 0.0% 0.0% 90.60%
2015 N/A 0.0% 0.0% 90.80%

NAV & Total Return History


VMMXX - Holdings

Concentration Analysis

VMMXX Category Low Category High VMMXX % Rank
Net Assets 120 B 13.8 M 120 B 0.93%
Number of Holdings 165 1 464 25.48%
Net Assets in Top 10 35 B 5 M 35 B 0.96%
Weighting of Top 10 28.30% 13.3% 100.0% 74.52%

Top 10 Holdings

  1. United States Treasury Bills 1.57% 5.14%
  2. United States Treasury Bills 4.29%
  3. United States Treasury Bills 4.04%
  4. United States Treasury Bills 3.84%
  5. United States Treasury Bills 3.64%
  6. United States Treasury Bills 3.23%
  7. United States Treasury Bills 2.84%
  8. United States Treasury Bills 2.43%
  9. United States Treasury Bills 2.43%
  10. United States Treasury Bills 2.43%

Asset Allocation

Weighting Return Low Return High VMMXX % Rank
Cash
56.91% 40.57% 100.00% 99.04%
Bonds
43.09% 0.00% 59.43% 1.87%
Stocks
0.00% 0.00% 0.00% 75.23%
Preferred Stocks
0.00% 0.00% 0.44% 77.88%
Other
0.00% 0.00% 2.25% 77.40%
Convertible Bonds
0.00% 0.00% 9.09% 79.81%

Bond Sector Breakdown

Weighting Return Low Return High VMMXX % Rank
Cash & Equivalents
60.33% 40.57% 100.00% 99.04%
Government
39.67% 0.00% 55.01% 1.92%
Derivative
0.00% 0.00% 0.00% 76.44%
Securitized
0.00% 0.00% 5.14% 79.33%
Corporate
0.00% 0.00% 12.68% 92.79%
Municipal
0.00% 0.00% 33.81% 89.90%

Bond Geographic Breakdown

Weighting Return Low Return High VMMXX % Rank
US
43.09% 0.00% 59.43% 1.92%
Non US
0.00% 0.00% 5.72% 85.10%

VMMXX - Expenses

Operational Fees

VMMXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.16% 0.10% 3.88% 97.17%
Management Fee 0.14% 0.05% 0.57% 22.90%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.50% N/A

Sales Fees

VMMXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.50% 5.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VMMXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 36.87% 0.00% 212.00% 97.37%

VMMXX - Distributions

Dividend Yield Analysis

VMMXX Category Low Category High VMMXX % Rank
Dividend Yield 0.00% 0.00% 0.75% 75.70%

Dividend Distribution Analysis

VMMXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

VMMXX Category Low Category High VMMXX % Rank
Net Income Ratio 2.33% 0.00% 2.44% 10.38%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

VMMXX - Fund Manager Analysis

Managers

Nafis Smith


Start Date

Tenure

Tenure Rank

Dec 22, 2017

2.78

2.8%

Nafis T. Smith, Portfolio Manager at Vanguard. He has been with Vanguard since 2003, has worked in investment management since 2005, has managed investment portfolios for Vanguard since 2010. Education: B.A., Cornell University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 39.92 15.22 16.67