VMSXX: Vanguard Municipal Money Market Fund - MutualFunds.com

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Vanguard Municipal Money Market Inv

VMSXX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 1.1%
  • 5 Yr Annualized Return 0.9%
  • Net Assets $17.7 B
  • Holdings in Top 10 9.7%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.15%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification


Compare VMSXX to Popular Tax-Free Money Market Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$1.00

0.00%

$17.74 B

-

$0.00

0.00%

-

$1.00

0.00%

$15.14 B

-

$0.01

-

$1.00

0.00%

$13.05 B

-

$0.00

0.00%

-

$1.00

0.00%

$9.27 B

-

$0.00

0.00%

-

VMSXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.47%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Vanguard Municipal Money Market Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Jun 10, 1980
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Justin Schwartz

Fund Description

The fund invests in a variety of high-quality, short-term municipal securities. It invests in securities with effective maturities of 397 days or less, maintains a dollar-weighted average maturity of 60 days or less, and maintains a dollar-weighted average life of 120 days or less.


VMSXX - Performance

Return Ranking - Trailing

Period VMSXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 80.90%
1 Yr 0.7% 0.0% 0.8% 4.00%
3 Yr 1.1%* 0.0% 1.5% 4.92%
5 Yr 0.9%* 0.0% 1.0% 4.68%
10 Yr 0.4%* 0.0% 0.5% 3.85%

* Annualized

Return Ranking - Calendar

Period VMSXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 81.25%
2018 N/A 0.0% 0.0% 60.81%
2017 N/A 0.0% 0.0% 60.58%
2016 N/A 0.0% 0.0% 60.69%
2015 N/A 0.0% 0.0% 60.03%

Total Return Ranking - Trailing

Period VMSXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 80.90%
1 Yr 0.7% -0.9% 0.8% 4.00%
3 Yr 1.1%* 0.0% 1.5% 4.92%
5 Yr 0.9%* 0.0% 1.0% 4.68%
10 Yr 0.4%* 0.0% 0.5% 3.85%

* Annualized

Total Return Ranking - Calendar

Period VMSXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 81.25%
2018 N/A 0.0% 0.0% 60.61%
2017 N/A 0.0% 0.0% 60.37%
2016 N/A 0.0% 0.0% 60.90%
2015 N/A 0.0% 0.0% 60.20%

NAV & Total Return History


VMSXX - Holdings

Concentration Analysis

VMSXX Category Low Category High VMSXX % Rank
Net Assets 17.7 B 24.8 M 17.7 B 0.49%
Number of Holdings 862 1 991 1.46%
Net Assets in Top 10 1.56 B 9.52 M 15.1 B 0.97%
Weighting of Top 10 9.72% 9.7% 100.0% 100.00%

Top 10 Holdings

  1. Vanguard Municipal Cash Management Inv 7.18%
  2. Vanguard Municipal Cash Management Inv 7.18%
  3. Vanguard Municipal Cash Management Inv 7.18%
  4. Vanguard Municipal Cash Management Inv 7.18%
  5. Vanguard Municipal Cash Management Inv 7.18%
  6. Vanguard Municipal Cash Management Inv 7.18%
  7. Vanguard Municipal Cash Management Inv 7.18%
  8. Vanguard Municipal Cash Management Inv 7.18%
  9. Vanguard Municipal Cash Management Inv 7.18%
  10. Vanguard Municipal Cash Management Inv 7.18%

Asset Allocation

Weighting Return Low Return High VMSXX % Rank
Bonds
90.58% 0.00% 100.00% 33.50%
Cash
9.42% 0.00% 100.00% 64.08%
Stocks
0.00% 0.00% 0.00% 81.55%
Preferred Stocks
0.00% 0.00% 0.00% 81.55%
Other
0.00% 0.00% 11.95% 81.55%
Convertible Bonds
0.00% 0.00% 0.00% 81.55%

Bond Sector Breakdown

Weighting Return Low Return High VMSXX % Rank
Municipal
90.58% 0.00% 100.00% 36.41%
Cash & Equivalents
9.42% 0.00% 100.00% 64.08%
Derivative
0.00% 0.00% 0.00% 81.55%
Securitized
0.00% 0.00% 0.00% 81.55%
Corporate
0.00% 0.00% 0.00% 81.55%
Government
0.00% 0.00% 35.75% 84.47%

Bond Geographic Breakdown

Weighting Return Low Return High VMSXX % Rank
US
90.58% 0.00% 100.00% 33.50%
Non US
0.00% 0.00% 0.00% 81.55%

VMSXX - Expenses

Operational Fees

VMSXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.15% 1.67% 100.00%
Management Fee 0.13% 0.08% 0.50% 18.45%
12b-1 Fee N/A 0.00% 0.75% N/A
Administrative Fee N/A 0.03% 0.50% N/A

Sales Fees

VMSXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

VMSXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VMSXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 16.00% N/A

VMSXX - Distributions

Dividend Yield Analysis

VMSXX Category Low Category High VMSXX % Rank
Dividend Yield 0.00% 0.00% 0.42% 82.04%

Dividend Distribution Analysis

VMSXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

VMSXX Category Low Category High VMSXX % Rank
Net Income Ratio 1.47% 0.01% 2.09% 2.00%

Capital Gain Distribution Analysis

VMSXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

VMSXX - Fund Manager Analysis

Managers

Justin Schwartz


Start Date

Tenure

Tenure Rank

Feb 26, 2016

4.68

4.7%

Justin A. Schwartz, CFA, Portfolio Manager at Vanguard. He has been with Vanguard since 2004, has worked in investment management since 2005, has managed investment portfolios since 2010. Education: B.S., University of Richmond.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.67 32.53 13.59 13.68
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