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Vanguard money market funds

100% of our low-cost money market funds performed better than their peer-group averages over the past 10 years.*

Preserve your cash until you decide how to use it

Protect your cash from market risk

Money market mutual funds offer you a place to store your cash and potentially earn income—without as much risk to your investment as stock or bond funds.

Park your money temporarily

Keep your cash in a money market fund for short-term needs or until you decide how to invest it.

Get easy access to your cash

Transfer money between your bank and your Vanguard accounts whenever you need to.

Settle brokerage trades

Your money market settlement fund is used to pay for and receive proceeds from brokerage transactions, including Vanguard ETFs®, in your Vanguard Brokerage Account. Vanguard Federal Money Market Fund is the only settlement fund available.

Are you investing outside of an IRA or other retirement account?

If you're in one of the highest tax brackets and investing outside of your retirement account, you may be able to reduce your tax exposure with a tax-exempt money market fund.

Cut your federal tax bill with a national tax-exempt fund. Get added savings if you live in one of the following states:

  • California
  • New Jersey
  • New York
  • Ohio
  • Pennsylvania
Open your account online

We're here to help

If you're new to Vanguard:

Call 800-252-9578

Monday through Friday
8 a.m. to 8 p.m., Eastern time

If you're already a Vanguard client:

Call 800-888-3751

Monday through Friday
8 a.m. to 10 p.m., Eastern time


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Money market mutual funds

Money market mutual funds are one of the most conservative places to keep your cash.

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Settlement fund

This money market mutual fund holds the money you use to buy securities, as well as the proceeds whenever you sell.