# Vanguard Treasury Money Market Fund (VUSXX): Money Market Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vusxx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Taxable Money Market - Strategy: Actively Managed · Inception: 1992-12-14 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... ## Key Facts | Metric | Value | |---|---| | Price | $1.00 | | Expense Ratio | 0.07% | | Assets Under Management | — | | NAV | $1.00 (2026-11-06 close) | | Holdings Count | 0 | | Distribution Yield (TTM) | 1.26% | | Annual Distribution (TTM) | $0.01 /share | | Distribution Frequency | Monthly | | 52-Week Range | $1.00 – $1.00 | | Beta | 0.00 | ## Latest Distribution - Amount: $0.0033 /share - Ex-date: 2026-10-30 - Pay date: 2026-11-02 ## Frequently Asked Questions ### 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 VUSXX's dividend yield? VUSXX's trailing-twelve-month yield is 1.26%, calculated from the sum of dividends over the past year divided by the current price. ### 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. ### Does VUSXX pay a dividend? Yes, Vanguard Treasury Money Market Fund (VUSXX) distributes dividends to shareholders. The trailing-twelve-month yield is 1.26%. Full dividend history is on this page. ### How often does VUSXX pay dividends? Vanguard Treasury Money Market Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VUSXX's next ex-dividend date? The most recently announced ex-dividend date for VUSXX was 2026-10-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will VUSXX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.07% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VUSXX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VUSXX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VUSXX cost more than a fund like VOO? VUSXX is actively managed (current expense ratio 0.07%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether VUSXX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to VUSXX? The Lower-Fee Alternatives card above lists money market funds following the same investment strategy as VUSXX (0.07%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vusxx - Distribution history: https://www.dividenddata.com/funds/vusxx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vusxx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vusxx/expenses - Peer comparison: https://www.dividenddata.com/funds/vusxx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.