- What does VUSXX invest in?
- Vanguard Treasury Money Market Fund, which invests primarily in U.S. Treasury securities, seeks to provide current income and preserve shareholders’ principal investment by maintaining a share price of $1. This fund at a minimum invests 80% of the assets in debt issued directly by the government in the form of Treasury bills and in repurchase agreements fully collateralized by U.S. Treasury securities. As a government money market fund, this fund is required to invest 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 securities). As such it is considered one of the most conservative investment options offered by Vanguard. Although the fund invests primarily in short-term U.S. Treasury bills, the amount of income that a shareholder may receive will be largely dependent on the current interest rate environment. Investors who have short-term savings goals and want the added security of investing in a fund in which the majority of the underlying securities are backed by the full faith and credit of the U.S. government may wish to consider this option.Important Note: Income generated from investments in repurchase agreements with the federal reserve are generally subject to state and local income taxes.
- What is the expense ratio of VUSXX?
- Vanguard Treasury Money Market Fund (VUSXX) charges an expense ratio of 0.07%. This is the annual fee deducted from fund assets to cover management and operations.
- What is the duration of VUSXX?
- Effective duration measures VUSXX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VUSXX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of VUSXX?
- VUSXX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of VUSXX?
- Yield to maturity (YTM) is the total return you'd earn from VUSXX if every bond in the portfolio is held to maturity at the current price. VUSXX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
- How big is VUSXX?
- Vanguard Treasury Money Market Fund (VUSXX) manages $0 in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
