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Major World Market Graphs at a Glance Vanguard VMMXX & VMSXX
==>  " Vanguard Prime & Tax Exempt Money Market Funds "   <==
 

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Summary of current rates and terms for Vanguard Prime Money Market Fund (VMMXX) and Tax-Exempt Money Market Fund (VMSXX)   View our latest survey of the APY interest rates paid for certificates of deposit by term for the major and minor banks and credit unions that includes but is not limited to: Citibank, BofA, Chase, Wachovia, Taunus, Wells Fargo, HSBC, US Bancorp, Suntrust, ABN, Citizens Financial, Capital One, National City, PenFed, World Savings, Countrywide,  and many more.

Vanguard Prime MM Rate and yield as of 8/9/08
Yield2.19% 
Compound yield 2.21%
Expense ratio as of 08/31/20070.24%
Inception date06/04/1975
Ticker symbolVMMXX

Vanguard Tax-Exempt Money Market Fund Rate and yield as of 8/9/08
Yield2.%
Compound yield 2.18%
Expense ratio as of 10/31/20070.10%
Inception date06/10/1980
Ticker symbolVMSXX
Newspaper abbrVangMB






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Definition:  A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.) 

A money market mutual fund investment is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in such a fund.

Vanguard® Prime Money Market Fund seeks to provide current income while maintaining liquidity and a stable share price of $1.

 

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