What does Vanguard Treasury Money Market Fund invest in?▾
The Vanguard Treasury Money Market Fund (VUSXX) is designed to offer a consistent income stream while safeguarding investors' original capital, ensuring its share price remains stable at $1. This fund primarily allocates its assets to U.S. government debt. Specifically, it commits at least 80% of its portfolio to instruments issued directly by the U.S. government, such as Treasury bills, along with repurchase agreements fully backed by U.S. Treasury securities. As a regulated government money market fund, it must hold a minimum of 99.5% of its total assets in highly liquid investments like...