Posted by Anonymous
Been trying to get someone at Vanguard NY MM tax exempt fund to look at the activity, whereas the yield on the fund dropped 27 basis basis points in one week (that's 20% drop,and happened in one day). The current 7 day now stands at %1.06 (was %1.34 a week or so ago). No one will look into this. Cannot e mail anyone other than a rep,which is useless.This fund should be yielding at least %1.38, since the Fed fund target rate is now %1.75-2.00 and soon to be %2.00-2.25. This fund yield has been steadily dropping, something is wrong. Is there an e mail to the executive offices so i can get someone to check out what the problem is?