2023年8月25日 · VMRXX and VMFXX look like the same fund and since VMRXX's average 7-day SEC yield is slightly higher than VMFXX's yield (5.28% vs. 5.27%, as of 8/24), I don't know why one would put money into VMFXX. I live in Tennessee, which doesn't have a state income tax, so I assume that has no impact on which fund I choose.

2023年3月10日 · To answer the OP: Since VMFXX invest mostly in "safe" investments, I don't think it is a big issue that a couple of banks failed. "The fund invests at least 99.5% of its total assets in cash, U.S. government securities, and/or repurchase agreements that are collateralized solely by U.S. government securities or cash (collectively, government ...

2025年1月14日 · This means SGOV is 100% not taxed at the state level whereas VMFXX is partially taxed at the state level, the extent of which for 2024 will be made available by the end of the month. FYI in 2023 approximately 50% of VMFXX dividends were not due to US govt obligations and thus subject to state tax, see the link below.

2024年12月9日 · On Vanguard's website VUSXX is described as 98% Treasuries, while VMFXX has 31% repurchase agreements and also seems to have significant non-treasury federal debt. My question is - is there any significant difference in state tax because of the repurchase agreements and non-treasury? i.e. will my state (Illinois) tax VUSXX differently from VMFXX?

2025年1月14日 · My Vanguard consolidated 1099 shows the VMFXX state tax exempt portion on the final page in the 2024 end notes. It says "For the Vanguard settlement fund (9999100), the U.S. government obligation percentage is 59.87%. For further information, please search "Tax information for Vanguard funds" on Vanguard.com."

2023年1月28日 · VMFXX currently has 41% of NAV in T-bills and other government obligations.) Yes, the letter and pdf file say VMFXX had 37.79% of its income from US government obligations. But the VMFXX profile webpage shows under Portfolio composition, about half way down the page, and this is as of 12/31/2022:

2022年11月6日 · VMFXX has about 10% treasurys, 30% in us govt agency debt, and the remaining 60% in repurchase agreements (which is basically a commercial transaction using a Treasury as collateral as a very simplistic explanation). However, I'd sleep like a baby with my money in either.

2023年8月10日 · 1. Let's say I transfer money into vanguard on 8/10 to buy VMFXX, and the order executes at the end of the day. My shares show up the evening of 8/10. Do I start earning interest on 8/10 or do I earn interest starting the next day, 8/11? Or is it even LATER, when the money "settles?" 2. Let's say I transfer money into my vanguard settlement ...

2024年1月25日 · Why does Vanguard provide that percentage in a supplement with the 1099 Consolidated statement for most funds but not VMFXX? They do publish it elsewhere. And the answer to that has nothing to do with any 50% rule that a few states have, as they do provide that information for funds that have even less than 1% in U.S. government obligations.

2022年9月14日 · VMFXX yield has jumped after each of the last few Fed rate increases, then VUSXX gradually has caught up. I wouldn't be surprised if this happens again after the next Fed increase. The speculation is that the big VMFXX jump is because of the large percentage of repurchase agreements it holds, since the rates reset quickly (daily?) on these.