Money Market Funds Index (2024)

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Any data appearing within a blue box represents a recalculation of that value during the current business day. For funds with multiple daily share price postings, not every posting is necessarily revised.

To access the documents for recently merged or liquidated funds please click here.

Create a watchlist in order to track changes to your funds and monitor their performance.

Add to Watchlist View Historical Prices

Need a fund document? Find, Download, Share via Email and more in the Literature Center.

Any data appearing within a blue box represents a recalculation of that value during the current business day. For funds with multiple daily share price postings, not every posting is necessarily revised.

To access the documents for recently merged or liquidated funds please click here.

Create a watchlist in order to track changes to your funds and monitor their performance.

Add to Watchlist

Need a fund document? Find, Download, Share via Email and more in the Literature Center.

Any data appearing within a blue box represents a recalculation of that value during the current business day. For funds with multiple daily share price postings, not every posting is necessarily revised.

To access the documents for recently merged or liquidated funds please click here.

Create a watchlist in order to track changes to your funds and monitor their performance.

Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Important Information:
Each fund named above belongs in one of the 2 categories of money market funds listed below. Please see the corresponding footnote for important information relating to your fund.

1. Retail Prime and Tax-Exempt/Municipal Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

2. Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

3. Institutional Prime and Tax-Exempt Money Market Funds: You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Although the fund's board has no current intention to impose a fee upon the sale of shares or temporarily suspend redemptions if the fund’s liquidity falls below certain levels, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

You should discuss with BNY Mellon or your financial professional about your initial investment amount, time horizon and other relevant factors in selecting a share class for investment. Not all share classes are available to all investors. Please consult your financial professional for eligibility requirements.

The gross expense ratio is the total annual operating expense ratio for the fund before any contractual fee waivers or expense reimbursem*nts as reflected in the prospectus fee table. The net expense ratio is the total annual operating expense ratio for the fund after any contractual fee waivers or expense reimbursem*nts as reflected in the prospectus fee table. If a fund has an active contractual expense limitation, the expiration date can be found in the fund's prospectus.

Any order in proper form placed with Dreyfus by the Fund’s trading deadline and for which Federal Funds are received by 6:00 PM ET will be effective on that date. Investors will earn the dividend declared on that day.

Dreyfus provides institutional investors and intermediaries with a variety of domestic and offshore money funds and short duration separate account strategies. Dreyfus is a division of Mellon Investments Corporation (MIC), a registered investment adviser and subsidiary of The Bank of New York Mellon Corporation. Securities are offered by BNY Mellon Securities Corporation (BNYMSC), a registered broker-dealer and affiliate of MIC. Certain offshore products are not available to US investors and are distributed by BNY Mellon entities licensed in the relevant jurisdictions.

The information provided on this site is for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions. Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circ*mstances. This information may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circ*mstances in which such offer or solicitation is unlawful or not authorized.

Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Important Information:
Each fund named above belongs in one of the 2 categories of money market funds listed below. Please see the corresponding footnote for important information relating to your fund.

1. Retail Prime and Tax-Exempt/Municipal Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

2. Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

3. Institutional Prime and Tax-Exempt Money Market Funds: You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Although the fund's board has no current intention to impose a fee upon the sale of shares or temporarily suspend redemptions if the fund’s liquidity falls below certain levels, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

Yield and investment return fluctuate and past performance is no guarantee of future results. As a measure of current income, 7-day yield most closely reflects the fund's current income generating ability. 30-day yield is based upon dividends per share from net investment income during the past 30 days, divided by the fund's maximum offering price per share at the end of the month and annualized.

Daily and 30-day yield quotations may reflect current expense absorptions, without which performance would have been lower. For information on current absorptions, please read the fund's prospectus or call 1-800-800-645-6561.

While dividends are declared daily, they are paid monthly (if any).

Market Value NAV: Calculated based on available market quotations (except overnight securities which are valued at amortized cost) related to the Fund’s securities at the close of business on the date stated. It is calculated to the nearest hundredth of a cent or (or $0.0001).

WAM: A measure of the average maturity of all of the underlying money market instruments in the fund, weighted to reflect the relative percentage ownership of each instrument, and taking into account applicable “maturity shortening” provisions provided by the Rule. Generally, for money market funds, WAM can be used primarily as a measure of relative sensitivity to interest rate changes.

WAL: WAL is the WAM of the money market fund calculated without reference to the “maturity shortening” provisions of Rule 2a-7 permitted for purposes of calculating WAM. Because WAL does not reflect the rule’s “maturity shortening” provisions, WAL will generally be higher than WAM.

Any order in proper form placed with Dreyfus by the Fund’s trading deadline and for which Federal Funds are received by 6:00 PM ET will be effective on that date. Investors will earn the dividend declared on that day.

Dreyfus provides institutional investors and intermediaries with a variety of domestic and offshore money funds and short duration separate account strategies. Dreyfus is a division of Mellon Investments Corporation (MIC), a registered investment adviser and subsidiary of The Bank of New York Mellon Corporation. Securities are offered by BNY Mellon Securities Corporation (BNYMSC), a registered broker-dealer and affiliate of MIC. Certain offshore products are not available to US investors and are distributed by BNY Mellon entities licensed in the relevant jurisdictions.

The information provided on this site is for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions. Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circ*mstances. This information may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circ*mstances in which such offer or solicitation is unlawful or not authorized.

Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

The yield and performance data quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than the performance quoted. As a measure of current income, 7-day yield most closely reflects the fund's current income generating ability.

Important Information:
Each fund named above belongs in one of the 2 categories of money market funds listed below. Please see the corresponding footnote for important information relating to your fund.

1. Retail Prime and Tax-Exempt/Municipal Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

2. Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

3. Institutional Prime and Tax-Exempt Money Market Funds: You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Although the fund's board has no current intention to impose a fee upon the sale of shares or temporarily suspend redemptions if the fund’s liquidity falls below certain levels, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

Total Returns reflect current expense absorptions (if applicable), without which performance would have been lower. For information on current absorptions, please read the fund's prospectus or call 1-800-800-645-6561.

The gross expense ratio is the total annual operating expense ratio for the fund before any contractual fee waivers or expense reimbursem*nts as reflected in the prospectus fee table. The net expense ratio is the total annual operating expense ratio for the fund after any contractual fee waivers or expense reimbursem*nts as reflected in the prospectus fee table. If a fund has an active contractual expense limitation, the expiration date can be found in the fund's prospectus.

Dreyfus provides institutional investors and intermediaries with a variety of domestic and offshore money funds and short duration separate account strategies. Dreyfus is a division of Mellon Investments Corporation (MIC), a registered investment adviser and subsidiary of The Bank of New York Mellon Corporation. Securities are offered by BNY Mellon Securities Corporation (BNYMSC), a registered broker-dealer and affiliate of MIC. Certain offshore products are not available to US investors and are distributed by BNY Mellon entities licensed in the relevant jurisdictions.

The information provided on this site is for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions. Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circ*mstances. This information may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circ*mstances in which such offer or solicitation is unlawful or not authorized.

Investors should consider the investment objectives, risks, charges, and expenses of a money market fund carefully before investing. Download a prospectus, or summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.

Important Information:
Each fund named above belongs in one of the 2 categories of money market funds listed below. Please see the corresponding footnote for important information relating to your fund.

1. Retail Prime and Tax-Exempt/Municipal Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

2. Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time..

3. Institutional Prime and Tax-Exempt Money Market Funds: You could lose money by investing in a money market fund. Because the share price of the fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Although the fund's board has no current intention to impose a fee upon the sale of shares or temporarily suspend redemptions if the fund’s liquidity falls below certain levels, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

Portfolio composition is subject to change at any time. The holdings listed should not be considered recommendations to buy or sell a security.

Dreyfus provides institutional investors and intermediaries with a variety of domestic and offshore money funds and short duration separate account strategies. Dreyfus is a division of Mellon Investments Corporation (MIC), a registered investment adviser and subsidiary of The Bank of New York Mellon Corporation. Securities are offered by BNY Mellon Securities Corporation (BNYMSC), a registered broker-dealer and affiliate of MIC. Certain offshore products are not available to US investors and are distributed by BNY Mellon entities licensed in the relevant jurisdictions.

The information provided on this site is for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions. Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circ*mstances. This information may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circ*mstances in which such offer or solicitation is unlawful or not authorized.

BNY Mellon Investment Adviser, Inc. and BNY Mellon Securities Corporation are affiliated with The Bank of New York Mellon Corporation.

DRD-37789-2018-10-03

Money Market Funds Index (2024)

FAQs

How much is SWVXX paying? ›

SWVXX
DescriptionAverage Annual Returns (%)
1 Year5 Year
SWVXX+5.25+1.96

How often does VMFXX pay dividends? ›

VMFXX Dividend Information

VMFXX has paid $0.052 per share in the past year, which gives a dividend yield of 5.23%. The dividend is paid every month and the last ex-dividend date was Apr 30, 2024.

Is VMFXX a good investment? ›

Taxes can eat into the overall returns investors can expect from a money market fund. For example, VMFXX has earned a 10-year annualized return of 1.2%. However, after accounting for taxes, the average investor would have seen that reduced to an annualized 0.71%.

What is the best money market fund right now? ›

Our picks at a glance
RankFundMinimum investment
1Vanguard Federal Money Market Fund (VMFXX)$3,000
2Schwab Value Advantage Money Fund Investor Shares (SWVXX)$0
3PIMCO Government Money Market Fund (AMAXX)$1,000
4Vanguard Cash Reserves Federal Money Market Fund Admiral Shares (VMRXX)$3,000
3 more rows
Mar 18, 2024

What is the current 7 day yield on SWVXX? ›

Fund NameTicker7-day yield1
Schwab Value Advantage Money Fund® - Investor Shares4SWVXX5.16%
Schwab Value Advantage Money Fund® - Ultra Shares4SNAXX5.31%
Schwab Government Money Fund - Investor SharesSNVXX5.03%
Schwab Government Money Fund - Ultra SharesSGUXX5.18%
23 more rows

How often does SWVXX pay interest? ›

Dividend Distribution Analysis
SWVXXCategory High
Dividend Distribution FrequencyMonthlyMonthly

What is the current return on VMFXX? ›

Total returns
as of 04/30/20241 MONTHYTD as of 04/30/2024
VMFXX0.45%1.76%
BenchmarkU.S. Government Money Market Funds Average3— 2

What is the average maturity of VMFXX? ›

Characteristics
FundamentalVMATXBenchmark
Average stated maturity16.9 years13.7 years
Average duration7.8 years5.9 years
Alternative minimum tax (AMT)0.0%
Short-term reserves
5 more rows

What is the difference between Vanguard VMFXX and Vmrxx? ›

One key difference between VMRXX and VMFXX is that VMRXX invests more than 25% of its assets in securities issued by companies in the financial services industry. In contrast, VMFXX invests primarily in government-backed securities.

Can VMFXX lose money? ›

Important Note: This fund may earn income from investments in repurchase agreements and certain other securities that are generally subject to state and local taxes. Vanguard Cash Reserves Federal Money Market Fund and Vanguard Federal Money Market Fund: You could lose money by investing in the Fund.

What is the safest money market fund? ›

7 Best Money Market Funds to Buy for Safety
Money market fundExpense ratio7-day SEC yield
Vanguard Federal Money Market Fund (ticker: VMFXX)0.11%5.3%
Fidelity Money Market Fund (SPRXX)0.42%5%
North Capital Treasury Money Market Fund (NCGXX)0%5.4%
Schwab Municipal Money Fund - Investor Shares (SWTXX)0.34%3.3%
3 more rows
Apr 15, 2024

How does VMFXX pay? ›

Over the course of the month, VMFXX collects income from the investments it owns (more on this later), which it then pays out on the first trading day of the following month.

Where can I get 7% interest on my money? ›

7% Interest Savings Accounts: What You Need To Know
  • As of May 2024, no banks are offering 7% interest rates on savings accounts.
  • Two credit unions have high-interest checking accounts: Landmark Credit Union Premium Checking with 7.50% APY and OnPath Credit Union High Yield Checking with 7.00% APY.

Where can I get 12% interest on my money? ›

Where can I find a 12% interest savings account?
Bank nameAccount nameAPY
Khan Bank365-day, 18-month and 24-month Ordinary Term Savings Account12.3% to 12.8%
Khan Bank12-month, 18-month and 24-month Online Term Deposit Account12.4% to 12.9%
YieldN/AUp to 12%
Crypto.comCrypto.com EarnUp to 14.5%
6 more rows
Jun 1, 2023

Where can I get 5% interest on my money? ›

Nationally Available High Interest Account Rates from Our Partners
Account NameAPY (Annual Percentage Yield) Accurate as of 5/17/2024
UFB Secure Savings5.25%
CIT Bank Platinum Savings5.00% (with $5,000 minimum balance)
Wealthfront Cash Account5.00%
Barclays Online Savings Account4.35%
2 more rows
May 10, 2024

What is Schwab SWVXX paying? ›

Schwab Value Advantage Money Fund® – Investor Shares (SWVXX) 7-day yield (with waivers) as of 12:00 AM EDT 05/17/20244. 5.15%

How often does SWVXX pay dividends? ›

SWVXX Dividend Information

SWVXX has paid $0.047 per share in the past year, which gives a dividend yield of 4.69%. The dividend is paid every month and the last ex-dividend date was Apr 15, 2024.

What rate is Schwab money market paying? ›

Schwab Value Advantage Money Fund (SWVXX)

"It invests in short-term securities issued by the U.S. government, corporations and financial institutions, and currently has a seven-day SEC yield of 5.2%." This metric is calculated as the average income paid out over the prior seven days net of all waivers and fees.

How is income from SWVXX taxed? ›

Distributions received from the fund will generally be taxable as ordinary income or capital gains, unless you are investing through an IRA, 401(k) or other tax-advantaged account (in which case you may be taxed later, upon withdrawal of your investment from such account).

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