VUSXX Money Market — Vanguard Treasury Money Market Fund

Vanguard Treasury Money Market Fund (VUSXX)

Updated October 2, 2026.

VUSXX is a Money Market. its distribution rate is 3.72%, its trailing-12-month yield is 3.41%, its expense ratio is 0.07%. Total return is 26.1% over the past 33.1 years, 2877.6 points behind SPY at 2903.7%.

At the current 3.72% distribution rate, a $10,000 investment would generate approximately $372 per year, or $31.00 per month.

Vanguard Treasury Money Market Fund is a money market fund that seeks current income while preserving liquidity and a stable share price of $1 by investing at least 99.5% of assets in U.S. Treasury securities, cash, and repurchase agreements backed by Treasury securities. The Treasury-focused strategy maximizes the portion of income that is exempt from state and local income taxes. This fund appeals to investors seeking a stable, liquid cash position with modest tax-advantaged income.

VUSXX performance versus SPY

Price and return data through 2026-10-02.

Total return is 26.1% over the past 33.1 years, 2877.6 points behind SPY at 2903.7%. Over the past year its total return — price change plus distributions reinvested — is 3.5%.

VUSXX key facts

Issuer

Vanguard

Asset type

Money Market

Asset class

Fixed Income

Expense ratio

0.07%

Distribution rate

3.72%

Distribution frequency

Monthly

Trailing yield

3.41%

Last close

$1.00 (as of 2026-10-02)

AUM

$34,919,677,952

Average volume

0.0

Last dividend

$0.0031

Last ex-dividend date

08/31/2026

Last payment date

09/01/2026

Beta

0.0079

How Dividend Vision calculates yield and returns

Distribution rate (3.72%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.41%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Vanguard or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

VUSXX risks and drawbacks

VUSXX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window.

Who may consider VUSXX — and who may not

VUSXX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Vanguard.