Is Vmfxx Fdic Insured

Is Vmfxx Fdic Insured

No, Vmfxx (Vanguard Federal Money Market Fund) is not FDIC insured. An investment in this fund is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. It’s important to note that FDIC insurance typically covers deposits in banks and savings associations, not investments in money market funds like … Read more