Dueling Money Market Funds
Just got a notice from my 401K holder that they will be changing from Vanguard Prime Money Market (VMMXX) to Vanguard Treasury Money Market (VUSXX). Any money I have in Prime will get moved to Treasury effective end of July.
If this were happening to you, would you have any concerns?
I didn't find much on this or the Bogleheads Forums to answer this. From Vanguard's site, the main differences I see are these:
Product Type: Treasury is Government, Prime is Retail
Expense Ratio: Treasury is .09%, Prime is .16%
Compound Yield: Treasury is .24%, Prime is .45%
Your thoughts welcome. Thanks in advance.
I generally avoid temptation unless I can't resist it.