![]() This fee is in addition to any applicable transaction fees or fees addressed in the fund's prospectus." "All no-transaction fee (NTF) funds (except ProFunds, Rydex, and Direxion) held 180 days or less are subject to a short-term redemption fee of $49.99. I see the 500k minumum on the Morningstar website for PCOXX but within my Ameritrade account ( not a Private Client) it says no minimum? There is a 49.00 fee for holding less than 6 months though.I spoke to an Ameritrade rep last week to help me find a better place to park my cash with no fees and he couldnt help me find anything paying more than. But why buy one, when you can buy two for twice the price? MONEY MKT OBLIGS TR FED PRM CA OBLSV PRCXX Exp 0.58% 7 Day Yield 2.22% MONEY MKT OBLIGS TR FED PRMVAL OBLSV PVSXX Exp 0.74% 7 Day Yield 2.29% MONEY MKT OBLIGS TR FED PRMCA OBLCAP PCCXX Exp 0.58% 7 Day Yield 2.37% MONEY MKT OBLIGS TR FED PRMVAL OBLCP PVCXX Exp 0.74% 7 Day Yield 2.44% MONEY MKT OBLIGS TR PRIME CASH INS PCOXX Exp 0.33% 7 Day Yield 2.47% I left a few positions which I intend to not touch with TD Ameritrade, because I'm a romantic that way.įederated Institutional Prime Value Obligations Fund Institutional Shares PVOXX EXP 0.49% 7 Day Yield 2.54% I wanted to get some Vanguard funds, but TD Ameritrade wanted to charge me an absurd commission, so I looked at Vanguard's commission schedule, looked at my past few years of trades, and moved most of my assets to Vanguard because it was cheaper. I know this isn't what you asked, but it was this basic question which caused me to move to Vanguard. Does anyone know of an NTF money market fund at TDA with a decent current yield? Thanks and best wishes. I've tried (as something of a novice) to find a non-fee money market fund with similar yield on TDA's NTF mutual fund list, but it is pretty difficult to navigate, for me at least. However, at TD Ameritrade, the commission fee seems around $50 for every trade of a no-load fund. Vanguard Prime Money Market Fund (VMMXX) sounds good for safe investment at a current yield of 2.4-plus and low expenses. Sample link for MOFXX, below (change symbol in link to check out others):Īs well as checking out the issuer's (in this case, Federated) website for particular fund: Use the Morningstar portfolio and risk tools to do comparisons for portfolio info. A USTreasury MM fund is TOIXX.Ī "good money fund" - that would be (I think) one with a reasonable / low expense ratio, no associated fees to buy or sell on the TD (in this case) platform, no ridiculous minimum investment, and portfolio that doesn't look "too risky" (compared say, with money funds at Fidelity, TRPrice, or VG).įor fees and minimums, sounds like you will simply have to try and see, and or (?) speak with TD (unsure). ![]() Similarly, you can play around with the filter (using only the drop down box, = Liquidity) to get a list that includes the "regular" non-tax exempt MM funds. Perhaps these are also NTF and 'reasonable' TD?Ĭode: Select all CALXXĜalifornia Municipal Cash Trust You get 9 Federated Tax Exempt MM funds, listed below. One of these - for example - is MOFXX, which is listed by M* as a NTF fund, here:Ĭheck in drop-down box ![]() You can use the Mutual Fund Screener (see below) at Federated to find Tax Exempt money market funds (by eye, look for "XX" in symbol.) In section beginning in the middle of the page, suggests that PCOXX might qualify.Īnd, FWIW, Morningstar notes it's availability at. It’s Complicated (in Some Cases): Finding a Suitable Money-Market Fund, 10-08-2018 If you have any further questions, please do not hesitate to contact us via secure email, or call toll-free at 86, Monday through Friday, 8am to 7pm Eastern Standard Time (excluding market holidays).Īs always, we greatly appreciate your business and thank you for choosing TD Ameritrade. Let us know if you would like us to do this for you. We can do this research for you but there is a research fee of $60 per hour of research. As it is not a website capability to search for Money Market funds that are also No Transaction Fees, we will not be able to provide a list as there are 300+ funds. I guess I wasn't surprised by their response. I had a couple accounts at TDAmeritrade some years back but moved them due to terrible customer service. I called customer service for both firms, and they offered to email me a link/list the same day. Couldn't do it with either Schwab or Vanguard screeners. I easily completed the search online with Etrade. For fun I checked Etrade, Schwab and Vanguard. I sent an email, requesting a list of NTF Money Market mutual funds because I was unable to find that info on their site. ![]() Saw this post and thought I'd see if I could help.
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