MoneyRates Blog
Money Market Mutual Fund Safety from AARP, Vanguard, Fidelity, and TIAA-CREF
By MoneyRates team | Money-Rates Columnist
Wells Fargo & Company announced that it has taken a $39 million loss on Structured Investment Vehicles (SIVs) which were used in the portfolios of a number of their money funds. The $39 million is not devastating to company who holds over $106 billion in money market mutual funds, but is another example of money [...]
- Share this article with:
Delicious
Digg
Tip'd
StumbleUpon
Money Fund Yields Increase
By MoneyRates team | Money-Rates Columnist
Investors who use mutual fund money markets (money funds) as part of their investing strategy will note a larger yield spread between Treasury-only money funds and money funds with a wider diversity of holdings. Funds like DWS Money Market Series Prime Reserve - Class S (5.27%, minimum $1,000), Fidelity Money Market Fund (5.27%, minimum $25,000), [...]
- Share this article with:
- Delicious
- Digg
- Tip'd
- StumbleUpon
Bank Money Markets Accounts (MMA) vs Mutual Fund Money Market Funds (MMF)
By MoneyRates team | Money-Rates Columnist
Today’s relatively flat yield curve (short term rates just slightly lower than long term rates) creates an environment where bank money market accounts or mutual fund money market funds are an attractive investment for the safety-oriented investor. Currently the national average on a bank money market is 4.14% compared to the average on a mutual [...]
- Share this article with:
- Delicious
- Digg
- Tip'd
- StumbleUpon
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 [...]
- Share this article with:
- Delicious
- Digg
- Tip'd
- StumbleUpon
