MoneyRates Blog
Bank Money Market Rates Outpacing Yields on Money Funds
By Clark Schultz | Money-Rates Columnist
Mutual fund money markets have had a tumultous six months. A perfect storm arose to test the whole industry. First, the safety of money funds was called into question after several funds “broke the buck” during the mortgage-backed securities crisis. Then yields on money funds were pushed down close to 1% after the Fed lowered [...]
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Mutual Fund Money Market Yields and Holdings
By MoneyRates team | Money-Rates Columnist
A mutual fund money market is supposed to be a simple investment with a stable $1 share price with seemingly little differentiation between various funds. September 2008 showed that line of thought was a fallacy as several funds with heavy exposure to Lehman Brothers paper suffered losses significant enought to push their net asset value [...]
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Mutual Fund Company Bailouts Don’t Stop Increased Investor Inflows into Money Funds
By MoneyRates team | Money-Rates Columnist
Percent Change in Total Net Assets in Mutual Funds from January to February:
Stock Funds -1.2%Hybrid Funds -1.2%Taxable Money Funds +0.8%Municipal Bond Funds -4.6%Taxable Money Market Funds +3.9%Tax-Free Money Market Funds -2.3%
The biggest percent increase in mutual fund assets was in taxable money market funds which are at record levels according to data recently released by [...]
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Retail Money Funds
By MoneyRates team | Money-Rates Columnist
Money fund rates have held steady in the last week. Typically these funds are comprised of short-term government securities or highly rated commercial paper and maintain extremely high safety ratings. Below are listed 7-day average annualized yields of some leading money funds:
TIAA-CREF Money Market Fund 5.18%, $2,500 minimumVanguard Prime Money Market Fund 5.12%, $3,000 minimumHarbor [...]
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INVESTING UPDATE
By MoneyRates team | Money-Rates Columnist
Dividend Stocks - Yields have increased in 2007 on dividends offered by companies in the S&P500 Index.Examples of large companies with strong earnings which pay dividends include: US Bancorp (USB) 4.61%, Verizon (VZ) 4.30%, Citigroup (C) 4.10%, AT&T (T) 3.64%, and Pfizer (PFE) 4.31%.
Money Funds - GE Capital is offering their GE Interest Plus Notes [...]
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