Vanguard Cash Reserves Federal Money Market Fund Admiral Shares

VMRXX

GovernmentInstitutional
7-day Yield
#101
3.91%
as of 11/30/2025
Net assets
$122.4B
Expense ratio
0.10%
WAM
37
WAL
57
Minimum
$3K
Holding details
38% Treasuries
26% Treasury Repos
22% Agency Coupon Securities
15% Agency Zero Coupon
as of 11/30/2025

Performance

Portfolio Securities

SecurityYield%
United States Treasury Bill3.96%3.67%
United States Treasury Bill3.96%3.30%
United States Treasury Bill3.90%2.30%
United States Treasury Bill3.98%2.17%
United States Treasury Bill3.96%2.09%
United States Treasury Bill3.96%2.08%
United States Treasury Bill3.87%2.00%
United States Treasury Bill3.99%1.99%
United States Treasury Bill3.97%1.95%
United States Treasury Bill3.80%1.55%
United States Treasury Bill3.79%1.53%
United States Treasury Bill3.98%1.00%
United States Treasury Bill3.88%1.00%
United States Treasury Bill3.79%0.99%
United States Treasury Bill3.79%0.99%
United States Treasury Bill3.78%0.99%
United States Treasury Bill3.83%0.98%
United States Treasury Bill3.78%0.93%
United States Treasury Floating Rate Note 3.962393%3.96%0.86%
United States Treasury Bill3.82%0.65%
United States Treasury Bill3.88%0.59%
United States Treasury Floating Rate Note 4.025393%3.95%0.53%
United States Treasury Floating Rate Note 3.939393%3.94%0.52%
United States Treasury Bill3.87%0.50%
United States Treasury Bill3.88%0.50%
United States Treasury Bill3.83%0.49%
United States Treasury Bill3.79%0.49%
United States Treasury Bill3.77%0.49%
United States Treasury Bill3.76%0.49%
United States Treasury Bill3.98%0.23%
United States Treasury Floating Rate Note 3.930393%3.96%0.12%
Fixed Income Clearing Corp. - State Street Bank and Trust Co. 4.080000%4.08%2.62%
Fixed Income Clearing Corp. - The Bank of New York Mellon 4.080000%4.08%1.62%
Citigroup Global Markets Ltd. 4.020000%4.02%1.50%
JP Morgan Securities LLC 4.080000%4.08%1.19%
Fixed Income Clearing Corp. - Northern Trust 4.080000%4.08%1.08%
Standard Chartered Bank 4.080000%4.08%1.05%
BNP Paribas Fortis SA 4.080000%4.08%0.99%
Goldman Sachs & Co. LLC 4.030000%4.03%0.99%
Canadian Imperial Bank of Commerce 3.950000%3.95%0.98%
Banco Bilbao Vizcaya Argentaria SA 4.080000%4.08%0.85%
Societe Generale SA 4.030000%4.03%0.76%
Citigroup Global Markets Ltd. 4.080000%4.08%0.75%
Fixed Income Clearing Corp. - The Bank of New York Mellon 3.950000%3.95%0.68%
Royal Bank of Canada 3.870000%3.87%0.67%
Deutsche Bank AG 4.030000%4.03%0.61%
Societe Generale SA 3.960000%3.96%0.51%
Royal Bank of Canada 3.900000%3.90%0.51%
Barclays Bank plc 3.950000%3.95%0.50%
Barclays Bank plc 4.080000%4.08%0.43%
BNP Paribas Fortis SA 3.830000%3.83%0.39%
BNP Paribas Fortis SA 4.025000%4.03%0.34%
Barclays Bank plc 3.950000%3.95%0.34%
Societe Generale SA 4.030000%4.03%0.33%
Wells Fargo Bank NA 4.030000%4.03%0.33%
Royal Bank of Canada 3.910000%3.91%0.33%
Fixed Income Clearing Corp. - Credit Agricole Corporate and Investment Branch / New York 4.080000%4.08%0.32%
Goldman Sachs & Co. LLC 4.080000%4.08%0.32%
Wells Fargo Bank NA 4.080000%4.08%0.32%
Banco Santander SA 4.080000%4.08%0.22%
Credit Agricole Corporate & Investment Bank SA 4.080000%4.08%0.22%
Natixis SA 4.080000%4.08%0.22%
Nomura Securities International Inc. 4.080000%4.08%0.22%
Canadian Imperial Bank of Commerce 3.970000%3.97%0.21%
Royal Bank of Canada 3.890000%3.89%0.21%
BNP Paribas Fortis SA 3.940000%3.94%0.20%
BNP Paribas Fortis SA 3.930000%3.93%0.20%
Canadian Imperial Bank of Commerce 3.840000%3.84%0.20%
Deutsche Bank AG 3.900000%3.90%0.19%
Standard Chartered Bank 4.080000%4.08%0.19%
Bank of Montreal 4.010000%4.01%0.17%
BNP Paribas Fortis SA 4.030000%4.03%0.17%
RBC Dominion Securities Inc. 3.970000%3.97%0.17%
BNP Paribas Fortis SA 3.900000%3.90%0.17%
Deutsche Bank AG 3.950000%3.95%0.16%
HSBC Securities USA Inc. 4.080000%4.08%0.16%
MUFG Securities Canada Ltd. 4.080000%4.08%0.16%
Credit Agricole Corporate & Investment Bank SA 4.030000%4.03%0.16%
Smbc Nikko Securities America 4.050000%4.05%0.16%
Bank of Nova Scotia 4.070000%4.07%0.13%
ING Financial Markets LLC 4.030000%4.03%0.13%
Canadian Imperial Bank of Commerce 3.970000%3.97%0.11%
Credit Agricole Corporate & Investment Bank SA 4.030000%4.03%0.08%
TD Securities USA LLC 4.070000%4.07%0.08%
Royal Bank of Canada 3.900000%3.90%0.08%
Credit Agricole Corporate & Investment Bank SA 4.080000%4.08%0.06%
ING Financial Markets LLC 4.080000%4.08%0.05%
Smbc Nikko Securities America 4.080000%4.08%0.05%
Credit Agricole Corporate & Investment Bank SA 4.080000%4.08%0.03%
Bank of Montreal 4.080000%4.08%0.02%
RBC Dominion Securities Inc. 4.080000%4.08%0.02%
BNP Paribas Fortis SA 3.980000%3.98%0.02%
Bank of Montreal 3.760000%3.76%0.01%
Federal Home Loan Banks 3.600000%3.58%2.00%
Federal Home Loan Banks 3.650000%3.61%0.99%
Federal Home Loan Banks 3.600000%3.57%0.82%
Federal Home Loan Banks 3.620000%3.62%0.68%
Federal Home Loan Banks 3.650000%3.60%0.59%
Federal Home Loan Banks 3.650000%3.59%0.50%
Federal Home Loan Banks 3.650000%3.59%0.50%
Federal Home Loan Banks 4.050000%4.12%0.49%
Federal Home Loan Banks 4.035000%4.11%0.43%
Federal Home Loan Banks 4.035000%4.10%0.41%
Federal Home Loan Banks 4.040000%4.13%0.41%
Federal Home Loan Banks 3.600000%3.55%0.41%
Federal Home Loan Banks 4.040000%4.13%0.38%
Federal Home Loan Banks 3.750000%3.89%0.36%
Federal Home Loan Banks 4.050000%4.14%0.35%
Federal Home Loan Banks 4.050000%4.02%0.34%
Federal Home Loan Banks 4.230000%4.16%0.34%
Federal Home Loan Banks 1.000000%1.00%0.33%
Federal Home Loan Banks 4.050000%4.02%0.32%
Federal Home Loan Banks 4.050000%4.13%0.31%
Federal Home Loan Banks 4.055000%4.09%0.31%
Federal Home Loan Banks 3.750000%3.89%0.31%
Federal Home Loan Banks 4.050000%4.02%0.27%
Federal Home Loan Banks 4.050000%4.02%0.27%
Federal Home Loan Banks 4.050000%4.04%0.27%
Federal Home Loan Banks 3.600000%3.54%0.24%
Federal Home Loan Banks 4.055000%4.10%0.23%
Federal Home Loan Banks 4.230000%4.21%0.22%
Federal Home Loan Banks 4.000000%4.08%0.21%
Federal Home Loan Banks 4.000000%4.09%0.21%
Federal Home Loan Banks 4.000000%4.09%0.21%
Federal Home Loan Banks 1.000000%4.05%0.21%
Federal Home Loan Banks 4.200000%4.16%0.21%
Federal Home Loan Banks 4.040000%4.13%0.20%
Federal Home Loan Banks 4.060000%4.02%0.18%
Federal Home Loan Banks 4.060000%4.02%0.18%
Federal Home Loan Banks 4.050000%4.02%0.18%
Federal Home Loan Banks 4.065000%4.02%0.18%
Federal Home Loan Banks 4.050000%4.02%0.17%
Federal Home Loan Banks 4.055000%4.10%0.17%
Federal Home Loan Banks 4.055000%4.10%0.17%
Federal Home Loan Banks 4.040000%4.14%0.17%
Federal Home Loan Banks 4.045000%4.05%0.17%
Federal Home Loan Banks 4.050000%4.11%0.17%
Federal Home Loan Banks 4.055000%4.03%0.17%
Federal Home Loan Banks 1.000000%4.10%0.17%
Federal Home Loan Banks 1.000000%1.00%0.16%
Federal Home Loan Banks 4.050000%4.02%0.15%
Federal Home Loan Banks 4.040000%4.14%0.14%
Federal Home Loan Banks 4.050000%4.02%0.13%
Federal Home Loan Banks 4.050000%4.13%0.13%
Federal Home Loan Banks 4.050000%4.12%0.13%
Federal Home Loan Banks 4.050000%4.04%0.13%
Federal Home Loan Banks 4.050000%4.04%0.13%
Federal Home Loan Banks 4.050000%4.13%0.13%
Federal Home Loan Banks 4.230000%4.21%0.12%
Federal Home Loan Banks 4.230000%4.21%0.12%
Federal Home Loan Banks 4.060000%4.02%0.10%
Federal Home Loan Banks 4.035000%4.11%0.10%
Federal Farm Credit Banks Funding Corp. 4.035000%4.11%0.10%
Federal Home Loan Banks 4.040000%4.14%0.10%
Federal Home Loan Banks 4.045000%4.12%0.10%
Federal Home Loan Banks 4.045000%4.04%0.10%
Federal Home Loan Banks 4.055000%4.04%0.10%
Federal Home Loan Banks 4.050000%4.04%0.10%
Federal Home Loan Banks 4.050000%4.02%0.09%
Federal Home Loan Banks 4.050000%4.02%0.09%
Federal Home Loan Banks 4.050000%4.02%0.09%
Federal Home Loan Banks 4.050000%4.02%0.09%
Federal Home Loan Banks 4.060000%4.02%0.09%
Federal Home Loan Banks 4.050000%4.02%0.09%
Federal Home Loan Banks 4.060000%4.02%0.09%
Federal Home Loan Banks 4.050000%4.14%0.09%
Federal Home Loan Banks 4.050000%4.12%0.09%
Federal Home Loan Banks 4.055000%4.11%0.09%
Federal Home Loan Banks 4.055000%4.10%0.09%
Federal Home Loan Banks 4.055000%4.16%0.09%
Federal Home Loan Banks 4.055000%4.14%0.09%
Federal Home Loan Banks 4.055000%4.04%0.09%
Federal Home Loan Banks 4.060000%4.02%0.08%
Federal Home Loan Banks 4.055000%4.11%0.08%
Federal Home Loan Banks 4.045000%4.12%0.08%
Federal Home Loan Banks 4.240000%4.13%0.08%
Federal Home Loan Banks 4.060000%4.02%0.07%
Federal Home Loan Banks 4.050000%4.02%0.07%
Federal Home Loan Banks 4.055000%4.14%0.07%
Federal Farm Credit Banks Funding Corp. 4.075000%4.16%0.07%
Federal Home Loan Banks 4.055000%4.03%0.06%
Federal Farm Credit Banks Funding Corp. 4.045000%4.02%0.06%
Federal Home Loan Banks 4.050000%4.02%0.06%
Federal Home Loan Banks 4.045000%4.12%0.06%
Federal Home Loan Banks 4.050000%4.02%0.05%
Federal Home Loan Banks 4.055000%4.04%0.05%
Federal Home Loan Banks 4.045000%4.11%0.05%
Federal Home Loan Banks 4.050000%4.04%0.05%
Federal Home Loan Banks 4.050000%4.02%0.04%
Federal Home Loan Banks 4.055000%4.10%0.04%
Federal Home Loan Banks 4.070000%4.04%0.04%
Federal Home Loan Banks 4.055000%4.10%0.04%
Federal Home Loan Banks 4.055000%4.15%0.04%
Federal Home Loan Banks 4.055000%4.04%0.04%
Federal Home Loan Banks 4.050000%4.04%0.04%
Federal Home Loan Banks 4.045000%4.04%0.04%
Federal Home Loan Banks 4.045000%4.05%0.04%
Federal Home Loan Banks 4.060000%4.04%0.04%
Federal Farm Credit Banks Funding Corp. 4.065000%4.04%0.04%
Federal Home Loan Banks 4.055000%4.04%0.04%
Federal Home Loan Banks 4.065000%4.02%0.04%
Federal Home Loan Banks 4.070000%4.03%0.04%
Federal Home Loan Banks 1.000000%4.09%0.04%
Federal Home Loan Banks 4.050000%4.02%0.03%
Federal Home Loan Banks 4.060000%4.10%0.03%
Federal National Mortgage Association 4.190000%4.14%0.03%
Federal Home Loan Banks 4.060000%4.02%0.02%
Federal Home Loan Banks 4.050000%4.02%0.02%
Federal Farm Credit Banks Funding Corp. 4.070000%4.02%0.02%
Federal Farm Credit Banks Funding Corp. 4.055000%4.04%0.02%
Federal Farm Credit Banks Funding Corp. 4.055000%4.01%0.01%
Federal Farm Credit Banks Funding Corp. 4.045000%4.15%0.01%
Federal Farm Credit Banks Funding Corp. 4.040000%4.13%0.01%
Federal Farm Credit Banks Funding Corp. 4.060000%4.04%0.01%
Federal Farm Credit Banks Funding Corp. 4.050000%4.02%0.00%
Federal Home Loan Bank Discount Notes3.91%1.27%
Freddie Mac Discount Notes4.01%1.22%
Federal Home Loan Bank Discount Notes3.90%0.81%
Federal Home Loan Bank Discount Notes3.89%0.79%
Federal Home Loan Bank Discount Notes3.91%0.75%
Federal Home Loan Bank Discount Notes3.91%0.66%
Federal Home Loan Bank Discount Notes3.90%0.65%
Federal Home Loan Bank Discount Notes3.92%0.58%
Federal Home Loan Bank Discount Notes3.90%0.49%
Federal Home Loan Bank Discount Notes3.77%0.49%
Federal Home Loan Bank Discount Notes3.95%0.45%
Federal Home Loan Bank Discount Notes3.93%0.43%
Federal Home Loan Bank Discount Notes3.97%0.41%
Federal Home Loan Bank Discount Notes3.92%0.41%
Federal Home Loan Bank Discount Notes3.98%0.40%
Federal Home Loan Bank Discount Notes3.81%0.38%
Federal Farm Credit Discount Notes3.93%0.33%
Federal Home Loan Bank Discount Notes3.81%0.29%
Federal Home Loan Bank Discount Notes3.94%0.27%
Federal Home Loan Bank Discount Notes3.90%0.24%
Federal Home Loan Bank Discount Notes3.89%0.23%
Federal Home Loan Bank Discount Notes3.79%0.23%
Federal Home Loan Bank Discount Notes3.90%0.22%
Federal Home Loan Bank Discount Notes3.94%0.22%
Federal Home Loan Bank Discount Notes3.91%0.21%
Federal Home Loan Bank Discount Notes3.98%0.20%
Federal Home Loan Bank Discount Notes3.96%0.20%
Federal Home Loan Bank Discount Notes3.78%0.20%
Federal Home Loan Bank Discount Notes3.95%0.19%
Federal Home Loan Bank Discount Notes3.97%0.18%
Federal Home Loan Bank Discount Notes3.89%0.17%
Federal Home Loan Bank Discount Notes3.78%0.17%
Federal Home Loan Bank Discount Notes3.95%0.16%
Federal Home Loan Bank Discount Notes3.98%0.15%
Federal Home Loan Bank Discount Notes3.80%0.12%
Federal Home Loan Bank Discount Notes3.92%0.11%
Federal Home Loan Bank Discount Notes3.92%0.11%
Federal Home Loan Bank Discount Notes3.92%0.11%
Federal Farm Credit Discount Notes3.99%0.09%
Federal Home Loan Bank Discount Notes3.93%0.09%
Federal Home Loan Bank Discount Notes3.80%0.09%
Freddie Mac Discount Notes3.92%0.08%
Federal Home Loan Bank Discount Notes3.90%0.08%
Federal Farm Credit Discount Notes3.97%0.08%
Federal Home Loan Bank Discount Notes3.77%0.08%
Federal Home Loan Bank Discount Notes3.92%0.07%
Federal Home Loan Bank Discount Notes3.95%0.06%
Freddie Mac Discount Notes3.91%0.04%
Federal Home Loan Bank Discount Notes3.93%0.03%
Federal Home Loan Bank Discount Notes3.96%0.02%
Federal Home Loan Bank Discount Notes3.93%0.02%
Federal Farm Credit Discount Notes3.95%0.02%
Federal Home Loan Bank Discount Notes3.79%0.02%
Federal Home Loan Bank Discount Notes3.78%0.02%
Federal Home Loan Bank Discount Notes3.88%0.01%
Federal Farm Credit Discount Notes3.84%0.01%