VMSXX: Vanguard Municipal Money Market Inv

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VMSXX Vanguard Municipal Money Market Inv


Profile

VMSXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $18.1 B
  • Holdings in Top 10 18.1%

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 N/A

Fund Classification

  • Primary Caregory Uncategorized
  • Fund Type Money Market Fund
  • Investment Style Money Market-Tax-Free

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.47%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard Municipal Money Market Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Jun 10, 1980
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Justin Schwartz

Fund Description

The fund invests in a variety of high-quality, short-term municipal securities. It invests in securities with effective maturities of 397 days or less, maintains a dollar-weighted average maturity of 60 days or less, and maintains a dollar-weighted average life of 120 days or less.


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Categories

Fund Company Quick Screens

VMSXX - Fund Company Quick Screens


Performance

VMSXX - Performance

Return Ranking - Trailing

Period VMSXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 60.63%
1 Yr 0.0% 0.0% 2.1% 60.62%
3 Yr N/A* 0.0% 1.6% 61.01%
5 Yr N/A* 0.0% 1.0% 60.78%
10 Yr N/A* 0.0% 1.1% 12.16%

* Annualized

Return Ranking - Calendar

Period VMSXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 59.58%
2018 N/A 0.0% 0.0% 60.81%
2017 N/A 0.0% 0.0% 60.58%
2016 N/A 0.0% 0.0% 60.69%
2015 N/A 0.0% 0.0% 60.03%

Total Return Ranking - Trailing

Period VMSXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 60.63%
1 Yr 0.0% 0.0% 2.1% 60.62%
3 Yr N/A* 0.0% 1.6% 60.81%
5 Yr N/A* 0.0% 1.0% 60.77%
10 Yr N/A* 0.0% 1.1% 11.96%

* Annualized

Total Return Ranking - Calendar

Period VMSXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 59.58%
2018 N/A 0.0% 0.0% 60.61%
2017 N/A 0.0% 0.0% 60.37%
2016 N/A 0.0% 0.0% 60.90%
2015 N/A 0.0% 0.0% 60.20%

NAV & Total Return History


Holdings

VMSXX - Holdings

Concentration Analysis

VMSXX Category Low Category High VMSXX % Rank
Net Assets 18.1 B 101 K 239 B 27.55%
Number of Holdings 888 1 1112 0.28%
Net Assets in Top 10 3.28 B 67 K 89.3 B 35.90%
Weighting of Top 10 18.07% 4.2% 100.0% 95.00%

Top 10 Holdings

  1. Vanguard Municipal Cash Management Inv 7.18%
  2. TEXAS ST 4% 3.37%
  3. J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.38% 1.33%
  4. NUVEEN DIVID ADVANTAGE MUN FD 3 0.23% 1.08%
  5. MILWAUKEE WIS REV 2% 0.97%
  6. BLACKROCK MUNIYIELD QUALITY FD III INC 0.2% 0.94%
  7. NUVEEN INSD TAX-FREE ADVANTAGE MUN FD 0.18% 0.85%
  8. NUVEEN AMT-FREE MUN CR INCOME FD 0.2% 0.82%
  9. WESTERN ASSET INTER MUNI FD INC 0.2% 0.80%
  10. EAGLE-TAX EXEMPT TR 0.14% 0.73%

Asset Allocation

Weighting Return Low Return High VMSXX % Rank
Bonds
76.97% 0.00% 100.00% 16.42%
Cash
23.03% 0.00% 100.00% 83.00%
Stocks
0.00% 0.00% 0.00% 59.66%
Preferred Stocks
0.00% 0.00% 0.33% 60.11%
Other
0.00% -0.54% 100.00% 61.35%
Convertible Bonds
0.00% 0.00% 4.02% 62.96%

Bond Sector Breakdown

Weighting Return Low Return High VMSXX % Rank
Municipal
76.97% 0.00% 100.00% 16.81%
Cash & Equivalents
23.03% 0.00% 100.00% 83.29%
Derivative
0.00% 0.00% 0.70% 60.02%
Securitized
0.00% 0.00% 11.22% 61.44%
Corporate
0.00% 0.00% 15.28% 70.47%
Government
0.00% 0.00% 59.06% 86.23%

Bond Geographic Breakdown

Weighting Return Low Return High VMSXX % Rank
US
76.97% 0.00% 100.00% 16.14%
Non US
0.00% 0.00% 6.44% 66.38%

Expenses

VMSXX - Expenses

Operational Fees

VMSXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.08% 6.36% 97.80%
Management Fee 0.13% 0.00% 0.57% 23.62%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

VMSXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

VMSXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% 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.

VMSXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 235.00% N/A

Distributions

VMSXX - Distributions

Dividend Yield Analysis

VMSXX Category Low Category High VMSXX % Rank
Dividend Yield 0.00% 0.00% 1.26% 62.79%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

VMSXX Category Low Category High VMSXX % Rank
Net Income Ratio 1.47% 0.00% 4.52% 64.22%

Capital Gain Distribution Analysis

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

Dividend Payout History

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Fund Manager Analysis

VMSXX - Fund Manager Analysis

Managers

Justin Schwartz


Start Date

Tenure

Tenure Rank

Feb 26, 2016

4.35

4.4%

Justin A. Schwartz, CFA, Portfolio Manager at Vanguard. He has been with Vanguard since 2004, has worked in investment management since 2005, has managed investment portfolios since 2010. Education: B.S., University of Richmond.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 44.76 14.13 14.36