MMKT and JMMF: The Money Market ETFs That Pay Out Every Week
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The post MMKT and JMMF: The Money Market ETFs That Pay Out Every Week appeared first on 24/7 Wall St..
The Federal Reserve’s latest 25-basis-point hike brought its target range to 3.75%-4.00%, meaning money market investors can once again earn a respectable yield while taking relatively little interest-rate or credit risk. Traditionally, this means buying a money market mutual fund.
But investors increasingly have another option: money market ETFs. They don’t maintain the fixed $1 sh
The Federal Reserve’s latest 25-basis-point hike brought its target range to 3.75%-4.00%, meaning money market investors can once again earn a respectable yield while taking relatively little interest-rate or credit risk. Traditionally, this means buying a money market mutual fund.
But investors increasingly have another option: money market ETFs. They don’t maintain the fixed $1 sh
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