Vusxx vs vmfxx.

There are surprising similarities across industrial chemical manufacturing. Last week, the US federal government announced a first-of-its-kind loan to Eastman Kodak, a US-based com...If I’m reading the recently published chart correctly, VMFXX (federal money market fund) was only 38% State tax exempt. In CA, NY and CT it was 0% tax exempt. Compare this to 2021 when it was 73% tax exempt. This makes VUSXX (currently at 4.25%/Tax equiv. 4.7% for me) a much better deal for those in higher taxed states. Consider moving your cash.I'm wondering if I even want to bother with VUSXX vs VMFXX. I'm in the 22% tax bracket. Top. retired@50 Posts: 13119 Joined: Tue Oct 01, 2019 7:36 pm4.85% money market fund vs 4.45% in a high-yield savings account - what's better and/ or safer? Which money market fund might be best for you at Fidelity, Sc...FDLXX vs VUSXX (tax-equivalent yield) I know VUSXX was the darling here for a while, but it seems to me like these two funds may be equals these days (depending on your state and income when considering tax-equivalent yield) since VUSXX went heavy into repos. FDLXX 7 day SEC 4.87%, 92% state exempt. VUSXX 7 day SEC 5.15%, 66% state exempt.

The difference of .04 percent is not going to make a huge difference in most cases. For every 100k that’s about forty dollars difference. Vusxx also has a 3000 min balance while vmfxx doesn’t. Oh interesting. The VMFXX page …VUSXX right now has 7 day yield of 2.21% with weighted average maturity of 29 and weighted average life of 59 days, it also has expense ratio of .09% . FDLXX which is fidelity treasury only money market fund has 7 day yield of 1.9% with weighted average maturity of 44 days and weighted average life of 82 days, it has gross of .42 and net of .11. VUSXX vs VMFXX for holding cash. VUSXX has a lower expense ratio (.09 vs .11) and a slightly higher yield. Thoughts on why anyone wouldn't use it to hold cash? Archived post. New comments cannot be posted and votes cannot be cast. 1. 8 Share.

VUSXX vs VMFXX for holding cash. VUSXX has a lower expense ratio (.09 vs .11) and a slightly higher yield. Thoughts on why anyone wouldn't use it to hold cash? Archived post. New comments cannot be posted and votes cannot be cast. 1. 8 Share.

If I’m reading the recently published chart correctly, VMFXX (federal money market fund) was only 38% State tax exempt. In CA, NY and CT it was 0% tax exempt. Compare this to 2021 when it was 73% tax exempt. This makes VUSXX (currently at 4.25%/Tax equiv. 4.7% for me) a much better deal for those in higher taxed states. Consider moving your cash.VUSXX is a type of money market fund offered by Vanguard. Vanguard offers a wide array of money market funds, including VMFXX, VMMXX, VMSXX, VCTXX, VYFXX and VUSXX. These funds all attempt to provide income while maintaining the primary objective of keeping a stable net asset value (NAV) of $1 per share. However, VUSXX is different in that ...One of the main differences between the Vanguard MMAs is the minimum investment required. The Federal Money Market Fund has a minimum investment of $3,000, while the Tax-Exempt Money Market Fund ...I was actually re-calculating and based on the idea that VMFXX likely has something like ~25% of its income taxable by state, it still comes out ahead vs. VUSXX (8% Marginal State Tax Rate * 25% Taxable by State * 4.21% VMFXX Yield = ~0.08% drag from state taxes vs. 23bp spread between 3.98% VUSXX & 4.21% VMFXX right now).

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Chimpan. • 1 yr. ago. If you are in a higher tax bracket (~22-24%, you have to do the math based on the current yield), you can invest in Municipal Money Market Funds (VMSXX) that has lower yields but is federal tax free thus making the actual yield higher. Interest from a savings accounts ( HIgh yield or otherwise) and VMFXX get the same tax ...

The Fund seeks to provide current income while maintaining liquidity and a stable share price of $1. At least 80% of the Funds assets will be invested in U.S. Treasury securities. The Fund ...I have a ton of cash sitting in VMFXX at 4.52% (and a CD) since rates are likely not finished going up.. VUSXX is good too especially if you are in a high income tax state. At this point, I lean toward more money market funds and HYSA vs a CD because of higher rates in the future and the liquidity component.VMFXX / VUSXX taxability for NJ. Currently doing my taxes for 2022 and held VFMXX. From other posts, I read that a portion of VMFXX is not state taxable if it came from US government debt obligations, and according to Vanguard, this is about 38%. The Vanguard doc notes that certain funds "meets the requirements for a New Jersey “qualified ...VUSXX can sometimes be a little higher or lower than VMFXX, but is state tax exempt. So being at 3.99% for you, divide that by .95, and it's effectively at 4.2% for you. Or it should be at least, if you believe it is actually state tax deductible for MA. Haven't double checked, but it should be. VMFXX is 4.21% right now. I never read much about ...Giving the taxable nature of VUSXX now since it has 41.50% in repurchase agreements and 4.75% yield, does it still make sense to park money in VUSXX instead of leaving it in the settlement fund of VMFXX earning a yield of 4.98% with a 35% Fed bracket. Wouldnt the TEY yield come out to be the same for both of these money market funds.Here's how one travel writer got an excellent deal on a Vacasa rental using Capital One miles and Wyndham Rewards. Being a ski bum on the East Coast is no easy feat. To get some go...VUSXX is only ~76% treasuries, so it is not fully exempt from state/local taxes. I belive that currently T-Bills of all durations 4 weeks to 52 weeks currently offer higher yield than VUSXX, not a lot, but still higher. VUSXX is only ~76% treasuries, so it is not fully exempt from state/local taxes.

Depends on your federal tax bracket and the state you live in. VUSXX has a rate of 2.3% and my choice (despite the 50k min) since I live in a high tax state. VMSXX is fed exempt and returns 1.3%. You would need to do the math. Both should be equally liquid Comment. Post Cancel. Jaskel. New Member. Join ...I’ll just assume that you are not in the NIIT tax range or subject to NYC city taxes for an effective rate of 30.25%. Let’s take a hypothetical $100,000 for VMFXX, VMRXX, VUSXX and VYFXX and compound the gross dividend interest for year 2022: VMFXX $1,552.35. VMRXX $1,561.06. VUSXX $1,504.64. VYFXX $1,022.42.virginiabirdie wrote: ↑ Mon May 23, 2022 1:24 pm Please be patient with me -- why do people invest in funds like VUSXX and VMFXX, which yield less than a bank MM (Capital One)? SEC 7 day yield on VUSXX is 0.57%; capital one is 0.60%. There is a state tax advantage to the Vanguard funds, I think, but does that make that much of a difference?Vanguard - Product detail is a webpage that provides information on the Vanguard Treasury Money Market Fund, an institutional investment product that seeks to provide current income, liquidity and stability. The webpage offers an overview, performance, price and distributions, portfolio management and literature of the fund. The webpage also allows users to compare the fund with other related ...The Insider Trading Activity of MCMULLEN W RODNEY on Markets Insider. Indices Commodities Currencies StocksIn the end, either is fine. Not likely to make a big difference for anyone whether they choose HYSA, MMA, CDs, treasuries, or a treasuries ETF, as long as the rates they are getting are competitive. If VUSXX defaults, you have much worse things to worry about. Currently have all my savings in a HYSA with a 3.4% yield.So, T-Bill rate would have to be 5% higher than VMFXX (24 minus 19) to make the T-Bills worthwhile. If VMFXX is paying 5% and a 3 month T-bill is paying 5.3%, then 5% of the 5.3% T-bill is .26%. which would bring the T-bill down to 5.04% as compared to the 5% VMFXX. So, that scenario seems to be a wash.

az2023 wrote: ↑ Wed Sep 06, 2023 1:35 am I live in CA. I think that. 1) SGOV has 99% in Treasury Bill, so 99% of the gain is exempt for CA tax. 2) As of 09/01/2023, VUSXX is 79.90% Treasury Bills (much better than the 63.1% as of 06/30/23), so only this portion is CA tax exempt.Process. Vanguard Federal Money Market Fund seeks to provide current income while maintaining a stable $1 NAV and a very short average maturity. The fund invests at least 99.5% of its total assets in cash, government securities, and/or repurchase agreements that are collateralized solely by government securities or cash (collectively ...

Treasuries are not federal tax free...only state tax free. So VUSXX would be mostly state tax free...they don't guarantee it is 100% state tax free, as they are able to invest in repurchase agreements per their fund summary, but I believe it is usually pretty close to 100%. VMFXX was 37% state tax free in 2022.TPG is one of a handful of travel outlets this week getting exclusive access to the first sailing of American Countess. In the end, it wasn't nearly as complicated as I thought it ...The Fund seeks to provide current income consistent with the preservation of capital and liquidity. The Fund also seeks to maintain a stable net asset value of $1.00 per share. The Fund invests in ...Another important consideration is cost. VMRXX is less expensive than VMFXX by 0.01%. While the difference is marginal when you add this to the outperformance by VMRXX it enhances the amount of returns you will receive. In terms of tax efficiency, VMFXX has a slight edge as it has a smaller tax impact than VMRXX.Both VBTLX and VMFXX have Treasury securities as a majority of their assets, so both might qualify for a partial state tax exemption. Vanguard won't release complete information about tax treatment until January, so I can't say that either one will necessarily be better from a tax standpoint. VUSXX more definitely qualifies for state tax exemption.Between VMFXX/VUSXX and T-bills at Vanguard it's a two step process to sell the bill and xfer the money from VMFXX to your checking account, if that matters to you. A constant theme of discussions like this IMO is people have different amounts (maybe by orders of magnitude) in mind so are talking past each other because of that* and/or ...virginiabirdie wrote: ↑ Mon May 23, 2022 1:24 pm Please be patient with me -- why do people invest in funds like VUSXX and VMFXX, which yield less than a bank MM (Capital One)? SEC 7 day yield on VUSXX is 0.57%; capital one is 0.60%. There is a state tax advantage to the Vanguard funds, I think, but does that make that much of a difference?The difference of .04 percent is not going to make a huge difference in most cases. For every 100k that’s about forty dollars difference. Vusxx also has a 3000 min balance while vmfxx doesn’t. Oh interesting. The VMFXX page …According to Vanguard,, VMFXX portfolio composition: Repo: ~59%, US Govt Obligations: ~39% , US T-Bills: ~2% ... Ultimately, there's basically no difference for high earners even between VMSXX (fed free) vs. VUSXX, so I just opted to keep it in VUSXX since I was already using it anyways.Depends on your federal tax bracket and the state you live in. VUSXX has a rate of 2.3% and my choice (despite the 50k min) since I live in a high tax state. VMSXX is fed exempt and returns 1.3%. You would need to do the math. Both should be equally liquid Comment. Post Cancel. Jaskel. New Member. Join ...

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2) VMPXX and VUSXX invests nearly 100% in Treasury bills and Treasury notes. See latest semi-annual reports for VMPXX and VUSXX.

Higher Potential Returns of US Treasurys and Select Corporates vs. VMFXX. For example, on February 9, 2024, an investor could purchase a 1-year US Treasury (CUSIP 91282CGN5) with a YTM of 4.75%. She could also purchase a 2-year US Treasury (CUSIP 91282CGL9) or a 2.5-year Microsoft bond (CUSIP 594918BR4) with …May 10, 2023 · Giving the taxable nature of VUSXX now since it has 41.50% in repurchase agreements and 4.75% yield, does it still make sense to park money in VUSXX instead of leaving it in the settlement fund of VMFXX earning a yield of 4.98% with a 35% Fed bracket. Wouldnt the TEY yield come out to be the same for both of these money market funds. The difference of .04 percent is not going to make a huge difference in most cases. For every 100k that’s about forty dollars difference. Vusxx also has a 3000 min balance while vmfxx doesn’t. Oh interesting. The VMFXX page …Need to manually buy VUSXX in any Vanguard brokerage account (traditional IRA, Roth IRA, taxable) because VUSXX isn't the default money market fund. As of 6/13/23, VUSXX yields 5.06% annually and around 42% of distributions are state tax exempt because 42% of the fund is in T-bills.VMFXX. Benchmark. Number of holdings: 222 — Average maturity: 10.0 days — Weighted average life: 39.0 days — Fund total net assets as of 04/30/2024: $296.9 B — Risks associated with conservative funds . Vanguard funds are classified as conservative if their share prices are expected to remain stable or to fluctuate only …VUSXX-Vanguard Treasury Money Market Fund | Vanguard. Vanguard Treasury Money Market Fund. Buy. Compare. Management style. Active. Asset class. …Vanguard offers five money market funds with different investment strategies and expense ratios. VMFXX and VUSXX are the most similar, both investing in short-term U.S. …VUSXX vs VMFXX for holding cash. VUSXX has a lower expense ratio (.09 vs .11) and a slightly higher yield. Thoughts on why anyone wouldn't use it to hold cash? Archived post. New comments cannot be posted and votes cannot be cast. 1. 8 Share.1 day ago · Market Value USD. Sector. Federal Reserve Bank Of New York Federal Reserve Bank Of New York 5.300000%. 32.06. 95.6 Bil. Cash and Equivalents. Fixed Income Clearing Corp. Fixed Income Clearing Corp ... We list the clothing websites with same-day, next-day/overnight, and two-day shipping -- whether you need a new outfit for an event or simply don't want to wait! Many clothing stor...Learn the differences and similarities between VUSXX and VMFXX, two conservative money market funds offered by Vanguard. Compare their performance, fees, tax efficiency, diversification, and risk rating.VMFXX vs VUSXX comments. r/ThriftSavingsPlan. r/ThriftSavingsPlan. This is an UNOFFICIAL subreddit that is intended to provide info and advice to Federal Civilian and military employees who contribute to the TSP as part of their retirement plan. We welcome all questions and discussion related to TSP.

Vanguard offers five money market funds with different investment strategies and expense ratios. VMFXX and VUSXX are the most similar, both investing in short-term U.S. …Like its larger sister fund, VUSXX maintains a dollar-weighted average maturity of 60 days or less. Its expense ratio is the lowest on our list. T. Rowe Price Government Money Fund (PRRXX)Sep 14, 2022 · Why not just move it to VUSXX (Treasury MM)? It is somewhat safer, since it is all Treasuries, it currently has a higher yield (2.25% vs 2.15% for VMFXX), and it is 100% exempt from state tax. VMFXX may or may not be partially exempt from state tax, depending on your state and how much USGO they hold. Instagram:https://instagram. welligent.com VMFXX, because even though the interest earned isn't 100% state tax exempt, the current forward annual yield of 4.21% (as of 12/27/22) off sets the taxes I pay. I don't live in CA or NY either. VMFXX also has over 200 billion in total assets and has never broken the buck since inception 1981.If I’m reading the recently published chart correctly, VMFXX (federal money market fund) was only 38% State tax exempt. In CA, NY and CT it was 0% tax exempt. Compare this to 2021 when it was 73% tax exempt. This makes VUSXX (currently at 4.25%/Tax equiv. 4.7% for me) a much better deal for those in higher taxed states. Consider moving your cash. mike mcdaniel family VMFXX and VUSXX are the two popular MMMF's at Vanguard T-Bills, no FDIC, but backed by the US government, completely safe. Interest is only taxable federally. Funds are locked up for the term of the Bill, 4, 8, 13, 17, 26, and 52 weeks. I am using VMFXX in our Vanguard Brokerage, and T-Bills at Treasury Direct. home depot cambray VUSXX has a higher 7-day yield after fees are taken into account. The trade-off, IMU, is that Vanguard MMFs aren't quite as liquid as Fidelity's. Fidelity lets you treat them like cash. Just go with an ETF that you can buy at Fidelity if you feel the Fidelity MMFs are too expensive. shepherd kellen seinfeld Big_Mase10. What is VMFXX? Confusion with Vanguard. I have put roughly $18k into vanguard throughout VTI, VIGI, and VTIAX, and it shows it split up evenly (6k in Roth to VTIAX, and the other 12k to VTI and VIGI), however when i look at my portfolio balance it shows 9,000 in short term reserves of VMFXX. Can someone please explain what’s …May 2, 2024 · Best money market funds. Vanguard Federal Money Market Fund (VMFXX) Vanguard Treasury Money Market Fund (VUSXX) Schwab Value Advantage Money Fund – Investor Shares (SWVXX) Schwab Treasury ... hydraulic press harbor freight VUSXX is only ~76% treasuries, so it is not fully exempt from state/local taxes. I belive that currently T-Bills of all durations 4 weeks to 52 weeks currently offer higher yield than VUSXX, not a lot, but still higher. VUSXX is only ~76% treasuries, so it is not fully exempt from state/local taxes. kobe and gigi Vanguard funds not held in a brokerage account are held by The Vanguard Group, Inc., and are not protected by SIPC. Brokerage assets are held by Vanguard Brokerage Services, a division of Vanguard Marketing Corporation, member FINRA and SIPC.. For additional financial information on Vanguard Marketing Corporation, see its Statement of Financial … navy federal pre approval check credit card By the way, I think that VMFXX has become much more familiar to Vanguard clients than it used to be back in 2007 when this article was originally written. Because of the money market fund reforms put into place during the aftermath of the 2008 financial crisis, VMFXX is now the default (and indeed the only) settlement fund for Vanguard ... ADMIN MOD. VUSXX @ 4.31% and 100% State Tax Free. Best MMF if you live in a State with taxes. VUSXX has surpassed the Vanguard default sweep account (VMFXX) and is a great choice for your cash. Alternatives include non penalty CDs and T-Bills (especially 4 month). I-Bonds are no longer competitive as the rate is expected to plummet to 2% for ... I'm wondering if I even want to bother with VUSXX vs VMFXX. I'm in the 22% tax bracket. Top. retired@50 Posts: 13119 Joined: Tue Oct 01, 2019 7:36 pm flags dayz The system for categorizing diodes, one of the electronic components on circuit boards, follows the U.S. Joint Electron Devices Engineering Council (JEDEC) numbering scheme. There ... is dumpster diving illegal in nc Market Value USD. Sector. Federal Reserve Bank Of New York Federal Reserve Bank Of New York 5.300000%. 32.06. 95.6 Bil. Cash and Equivalents. Fixed Income Clearing Corp. Fixed Income Clearing Corp ... n sidhu VUSXX has a sightly lower yield but is partially state income tax exempt. VMFXX has a slightly higher yield but is generally not state income tax exempt. So what really matters if whether you live in a state with state income tax. I will point out that as I type this they both have identical yields - 5.32%. But this is not always the case. Reply. lewis county pud power outages A higher percentage of VUSXX income is exempt from state tax than is VMFXX income, which may overwhelm any apparent difference in yield (and doesn't VUSXX usually yield more anyway). This ^^^, especially in a high income tax state. For 2022, it is likely that there will be no state tax exemption for VMFXX in CA, CT and NY.VMFXX, because even though the interest earned isn't 100% state tax exempt, the current forward annual yield of 4.21% (as of 12/27/22) off sets the taxes I pay. I don't live in CA or NY either. VMFXX also has over 200 billion in total assets and has never broken the buck since inception 1981.Both VBTLX and VMFXX have Treasury securities as a majority of their assets, so both might qualify for a partial state tax exemption. Vanguard won't release complete information about tax treatment until January, so I can't say that either one will necessarily be better from a tax standpoint. VUSXX more definitely qualifies for state tax exemption.