- Vanguard ETF Shares are not redeemable directly with the issuing fund other than in very large aggregations worth millions of dollars. ETFs are subject to market volatility. When buying or selling an ETF, you will pay or receive the current market price, which may be more or less than net asset value.
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- footnote * Effective September 29, 2020, Vanguard Cash Reserves Federal Money Market Fund changed its name and investment strategy. The information for the periods prior to September 29, 2020, is based on the investment strategy utilized by the fund prior to September 29, 2020, under the name Vanguard Prime Money Market Fund.