SmarterDividends
VMRX

VMRXX Yield

Vanguard Cash Reserves Federal Money Market Fund · Vanguard · money market fund

$1.00

As of Nov 5, 2026, VMRXX (Vanguard Cash Reserves Federal Money Market Fund) has a 7-day yield of 3.97%, after fees. It keeps a $1.00 share price, earns interest daily and pays it out monthly, so $10,000 held for a year at that yield earns about $397. It's a government money market fund.

7-Day Yield

3.97%

$10,000 Earns

$397/yr

Per Month

$33.07

Share Price

$1.00

Assets

$116.1B

Pays

Monthly

Key facts about VMRXX

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, VMRXX has a 7-day yield of 3.97% after fees: about $397 a year on $10,000.
  • VMRXX is a money market fund with a $1.00 share price; it accrues interest daily and pays it monthly.
  • VMRXX is a money market fund with $116.1B in assets.
  • VMRXX: A government money market fund: Treasuries, agency debt and repurchase agreements. Only the part earned from Treasuries is exempt from state tax, which the fund reports each year.
Cite this page

SmarterDividends, "VMRXX 7-Day Yield and How It Pays," updated Nov 5, 2026, https://smarterdividends.com/stocks/VMRXX

How VMRXX pays

A money market fund keeps its share price at $1.00 and pays you interest instead. VMRXX earns interest every day and pays it out once a month, usually as more shares on the last business day (most brokers reinvest it automatically). The 7-day yield is what the fund earned over the past week, after its fees, stated as a yearly rate. It moves with short-term interest rates, so expect it to change when the Federal Reserve does.

You holdA monthA year
$10,000$33.07$397
$50,000$165.37$1,984
$100,000$330.73$3,969
$250,000$826.83$9,922

At today's 3.97% 7-day yield, before tax. The real figure changes as the yield does.

VMRXX questions

What is VMRXX's yield?

As of Nov 5, 2026, VMRXX's 7-day yield is 3.97%, after the fund's fees. $10,000 held at that yield for a year earns about $397.

Does VMRXX pay dividends?

Yes. VMRXX earns interest daily and pays it monthly as a dividend, usually reinvested as new $1.00 shares. For tax purposes it's ordinary dividend income, not qualified dividends.

How often does VMRXX pay?

Monthly. Interest accrues every day and is paid out once a month, so cash that sits in VMRXX for part of a month still earns for those days.

How is VMRXX's income taxed?

A government money market fund: Treasuries, agency debt and repurchase agreements. Only the part earned from Treasuries is exempt from state tax, which the fund reports each year. This is general information, not tax advice.

Fund facts

Type
Money market fund
Issuer
Vanguard
Category
Government money market
Expense ratio
Taken out before the yield
Assets
$116.1B
7-day yield
3.97%

What it holds and how it's taxed

A government money market fund: Treasuries, agency debt and repurchase agreements. Only the part earned from Treasuries is exempt from state tax, which the fund reports each year.

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Fund facts from the fund's own reports via Yahoo Finance; payments and returns from SmarterDividends records. For information only, not investment advice.