Vanguard prime money market fund admiral shares interest rate
Vanguard Prime Money Market Fund seeks current income while maintaining liquidity and a stable share price of $1 by investing in high-quality, short-term money market instruments, including certificates of deposit, banker's acceptances, commercial paper and other money market securities. Investment Policy. The Fund seeks to provide current income consistent with the preservation of capital and liquidity. The Fund also seeks to maintain a stable net asset value of $1.00 per share. The Fund invests in short term, high quality money market securities issued by US government agencies.