Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Vanguard lowers Treasury MM fund minimum fro 50K to 3K
Old 12-21-2020, 05:25 PM   #1
Full time employment: Posting here.
 
Join Date: Apr 2005
Posts: 670
Vanguard lowers Treasury MM fund minimum fro 50K to 3K

Not that most here are going to be all that excited about the yields, but the Vanguard Treasury MM fund with its .09% ER has long been far-and-away the best Treasury MM fund available from any major brokerage.

Historically the 50K minimum investment and somewhat frequent closings of the fund to new investors during market meltdowns have been obstacles. At least the first of these is now gone:

https://advisors.vanguard.com/pub/Pdf/sp11.pdf

For those who subscribe to the old Will Rogers saw ("I'm more concerned with the return OF my principal than the return ON it") VUSXX is about as good as it gets.
kevink is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-21-2020, 06:47 PM   #2
Thinks s/he gets paid by the post
Spanky's Avatar
 
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,405
That's cool. The minimum of most of their funds is $3K.
__________________
May we live in peace and harmony and be free from all human sufferings.
Spanky is offline   Reply With Quote
Old 12-21-2020, 07:16 PM   #3
Thinks s/he gets paid by the post
Ready's Avatar
 
Join Date: Mar 2013
Location: Southern California
Posts: 3,686
They generally offer each fund in an Admiral Share option where if you invest a minimum of $50K you get a lower expense ratio than the standard fund. It looks like they consolidated the Admiral share and regular share into one fund. I’m not sure what the prior expense ratios were though so they may have just raised the expense ratio by eliminating the Admiral share discount.
Ready is online now   Reply With Quote
Old 12-21-2020, 10:11 PM   #4
Recycles dryer sheets
 
Join Date: Nov 2015
Posts: 128
Quote:
Originally Posted by Ready View Post
They generally offer each fund in an Admiral Share option where if you invest a minimum of $50K you get a lower expense ratio than the standard fund. It looks like they consolidated the Admiral share and regular share into one fund. Iím not sure what the prior expense ratios were though so they may have just raised the expense ratio by eliminating the Admiral share discount.

The Treasury Money Market had a $50k minimum. I don't believe there was an Admiral Shares class.
teej1985 is online now   Reply With Quote
Old 12-21-2020, 10:50 PM   #5
Full time employment: Posting here.
 
Join Date: Apr 2005
Posts: 670
Quote:
Originally Posted by teej1985 View Post
The Treasury Money Market had a $50k minimum. I don't believe there was an Admiral Shares class.
Correct.
kevink is online now   Reply With Quote
Old 12-22-2020, 03:46 AM   #6
Recycles dryer sheets
bolt's Avatar
 
Join Date: Jun 2008
Posts: 362
vmmxx vs vusxx = you'll get 100% invested back most likely.
I recognize minuscule differences, but thats me.
As mentioned: The main difference among the 10 Vanguard money market funds is how the funds’ income is taxed at the federal and state level. As well as, as mentioned minimums.
The links outdated minimuns aside, risks are similar.
https://thefinancebuff.com/which-van...rket-fund.html

Good luck & best wishes....
__________________
It ainít what you donít know that gets you into trouble. Itís what you know for sure that just ainít so.
bolt is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
when are treasury bond etf's not treasury bond etf's ? mathjak107 FIRE and Money 1 07-20-2015 08:26 AM
Vanguard Global Minimum Volatility Fund Brat Stock Picking and Market Strategy 0 04-15-2015 10:24 AM
Vanguard lowers Admiral req's Onward FIRE and Money 69 10-21-2010 03:29 PM
Vanguard: Total Bond Market Index (VBMX) or Intermediate Term Treasury Fund (VFITX) ZMAN FIRE and Money 6 11-22-2008 10:01 AM
Anyone has FRO? :) fluffy FIRE and Money 6 12-13-2006 06:34 AM

» Quick Links

 
All times are GMT -6. The time now is 08:58 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.