Vanguard California Municipal Money Market Fund Investor Shares

VCTXX

California MunicipalRetail
7-day Yield
#500
2.98%
as of 4/30/2026
Net assets
$3.9B
Expense ratio
0.12%
WAM
13
WAL
13
Minimum
$3K
Holding details
56% Variable Rate Demand Notes
29% Tender Option Bonds
2% Municipal Bonds
13% Non-Financial CP
as of 4/30/2026

Performance

Portfolio Securities

SecurityYield%
University of California 2.750000%2.75%2.75%
Metropolitan Water District of Southern California 2.300000%2.30%2.30%
Abag Finance Authority for Nonprofit Corps. 2.650000%2.65%2.09%
Nuveen California Quality Municipal Income Fund 3.180000%3.18%2.04%
Sacramento Municipal Utility District 2.500000%2.50%1.93%
University of California 2.750000%2.75%1.78%
San Francisco City & County Airport Commission-San Francisco International Airport 2.250000%2.25%1.76%
Metropolitan Water District of Southern California 2.500000%2.50%1.74%
Elsinore Valley Municipal Water District Financing Authority 2.450000%2.45%1.57%
California Health Facilities Financing Authority 2.280000%2.28%1.56%
University of California 2.900000%2.90%1.56%
University of California 2.650000%2.65%1.56%
California Municipal Finance Authority 3.170000%3.17%1.50%
California Health Facilities Financing Authority 2.600000%2.60%1.45%
City of Big Bear Lake, CA 2.450000%2.45%1.29%
Regents of the University of California Medical Center Pooled Revenue 3.000000%3.00%1.16%
BlackRock MuniHoldings California Quality Fund Inc. 3.230000%3.23%1.16%
California Educational Facilities Authority 2.450000%2.45%1.12%
Nuveen California AMT-Free Quality Municipal Income Fund 3.120000%3.12%1.12%
University of California 3.050000%3.05%1.06%
Southern California Public Power Authority 3.150000%3.15%1.05%
California Educational Facilities Authority 2.440000%2.44%1.03%
California Statewide Communities Development Authority 2.350000%2.35%1.00%
Irvine Ranch Water District 2.450000%2.45%0.90%
Bay Area Toll Authority 2.550000%2.55%0.89%
California Health Facilities Financing Authority 2.280000%2.28%0.87%
Bay Area Toll Authority 2.500000%2.50%0.87%
State of California 2.250000%2.25%0.77%
California Public Finance Authority 2.850000%2.85%0.77%
California Public Finance Authority 2.400000%2.40%0.76%
Modesto Public Financing Authority, CA 2.500000%2.50%0.74%
Western Municipal Water District Facilities Authority 2.500000%2.50%0.69%
Bay Area Toll Authority 3.000000%3.00%0.68%
California Health Facilities Financing Authority 3.050000%3.05%0.64%
Bay Area Toll Authority 2.500000%2.50%0.64%
State of California 2.250000%2.25%0.64%
Bay Area Toll Authority 2.500000%2.50%0.64%
California Public Finance Authority 3.070000%3.07%0.55%
Santa Clara Valley Transportation Authority 2.450000%2.45%0.51%
City of Irvine, CA 3.050000%3.05%0.50%
Nuveen California Quality Municipal Income Fund 3.160000%3.16%0.49%
County of San Bernardino, CA 2.640000%2.64%0.42%
California Statewide Communities Development Authority 2.640000%2.64%0.42%
California Health Facilities Financing Authority 2.750000%2.75%0.42%
Calleguas-Las Virgenes Public Financing Authority 2.540000%2.54%0.36%
State of California 2.650000%2.65%0.34%
City of Irvine, CA 3.050000%3.05%0.30%
City of Irvine, CA 3.050000%3.05%0.29%
California Statewide Communities Development Authority 2.640000%2.64%0.28%
Bay Area Toll Authority 2.700000%2.70%0.28%
Southern California Public Power Authority 2.700000%2.70%0.25%
City of Vacaville, CA 2.640000%2.64%0.24%
Nuveen California Quality Municipal Income Fund 3.160000%3.16%0.24%
California Health Facilities Financing Authority 2.250000%2.25%0.24%
County of San Bernardino, CA 2.640000%2.64%0.23%
Irvine Ranch Water District Water Service Corps. 2.450000%2.45%0.23%
California Health Facilities Financing Authority 3.050000%3.05%0.18%
San Francisco City & County Redevelopment Agency Successor Agency 2.640000%2.64%0.18%
Regents of the University of California Medical Center Pooled Revenue 3.000000%3.00%0.15%
County of San Bernardino, CA 2.640000%2.64%0.14%
Bay Area Toll Authority 2.300000%2.30%0.14%
University of California 3.000000%3.00%0.14%
County of Orange, CA 2.640000%2.64%0.13%
Regents of the University of California Medical Center Pooled Revenue 3.000000%3.00%0.13%
State of California 2.500000%2.50%0.13%
County of San Bernardino, CA 2.640000%2.64%0.12%
City of Irvine, CA 3.050000%3.05%0.12%
County of San Bernardino, CA 2.640000%2.64%0.11%
Abag Finance Authority for Nonprofit Corps. 2.640000%2.64%0.10%
Rancho Water District Community Facilities District 2.250000%2.25%0.09%
California Municipal Finance Authority 3.090000%3.09%0.09%
City of Irvine, CA 2.950000%2.95%0.09%
Santa Clara Valley Transportation Authority 2.600000%2.60%0.09%
Regents of the University of California Medical Center Pooled Revenue 3.000000%3.00%0.08%
Bay Area Toll Authority 3.100000%3.10%0.08%
County of Orange, CA 2.640000%2.64%0.07%
City of Irvine, CA 2.950000%2.95%0.06%
California Statewide Communities Development Authority 2.640000%2.64%0.06%
California Public Finance Authority 3.000000%3.00%0.06%
County of San Bernardino, CA 2.640000%2.64%0.05%
Sacramento County Housing Authority 2.650000%2.65%0.05%
County of San Diego, CA 2.450000%2.45%0.05%
Nuveen California AMT-Free Quality Municipal Income Fund 3.120000%3.12%0.05%
San Mateo Joint Powers Financing Authority 2.500000%2.50%0.04%
City of Santa Rosa, CA 2.620000%2.62%0.03%
County of San Bernardino, CA 2.640000%2.64%0.02%
Nuveen California Quality Municipal Income Fund 3.600000%3.60%3.29%
FHLMC Multifamily CRD Certificates 3.400000%3.40%2.29%
California Statewide Communities Development Authority 3.450000%3.45%1.44%
California Health Facilities Financing Authority 3.090000%3.09%1.11%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 3.250000%3.25%1.07%
Anaheim California Housing Authority Multifamily Housing Revenue Various Refunding Heritage Village Apts A 3.190000%3.19%0.68%
City & County of San Francisco, CA 3.160000%3.16%0.64%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 3.450000%3.45%0.57%
California Municipal Finance Authority Revenue 3.210000%3.21%0.51%
California Housing Finance Agency 3.110000%3.11%0.50%
California Health Facilities Financing Authority Revenue 3.150000%3.15%0.46%
San Jose California Multifamily Housing Revenue 3.210000%3.21%0.45%
Contra Costa County CA Multifamily Housing Revenue 3.140000%3.14%0.45%
California Housing Finance Agency Limited Obligation Multifamily Housing Revenue 3.190000%3.19%0.42%
Los Angeles Department of Airports Port, Airport & Marina Revenue 3.050000%3.05%0.41%
Public Finance Authority 3.550000%3.55%0.41%
San Francisco California Bay Area Rapid Transit District Election 2016 Series D 1 Green 3.120000%3.12%0.40%
California GO 3.090000%3.09%0.39%
City & County of San Francisco, CA 3.160000%3.16%0.39%
California Statewide Communities Development Authority Special Tax Revenue 3.150000%3.15%0.38%
Sweetwater Union High School District GO TOB VRDO 3.190000%3.19%0.37%
California St Enterprise Development Authority Educational Facility Revenue 3.450000%3.45%0.34%
PIMCO California Municipal Income Fund 3.290000%3.29%0.33%
Long Beach Community College District 3.000000%3.00%0.33%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 3.250000%3.25%0.32%
California Infrastructure & Economic Development Bank Health, Hospital, Nursing Home Revenue (PIH Health Energy Projects) 3.090000%3.09%0.32%
San Diego Unified School District/CA 3.120000%3.12%0.31%
California Statewide Communities Development Authority 3.450000%3.45%0.31%
JPMorgan Chase Putters /Drivers Trust 3.290000%3.29%0.30%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue TOB 3.250000%3.25%0.30%
California Statewide Communities Development Authority 3.400000%3.40%0.30%
San Diego California Housing Authority Multifamily Housing Revenue Various Courthouse Commons Series F 3.210000%3.21%0.29%
California Health Facilities Financing Authority 3.290000%3.29%0.28%
San Mateo Union High School District 3.000000%3.00%0.28%
Rio Hondo CA Community College District GO 3.120000%3.12%0.27%
California Municipal Finance Authority Multifamily Housing Revenue Oaks On Balboa Series A 1 3.190000%3.19%0.26%
California Municipal Finance Authority 3.210000%3.74%0.26%
Los Angeles Unified School District, CA 3.100000%3.10%0.25%
California Educational Facilities Authority 3.100000%3.10%0.23%
California Municipal Finance Authority Multifamily Housing Revenue 615 Manhattan Series A 3.210000%3.21%0.23%
Murrieta Valley Unified School District GO 3.130000%3.13%0.23%
Regents of the University of California Medical Center Pooled Revenue 3.120000%3.12%0.23%
California Statewide Communities Development Authority 3.110000%3.11%0.22%
Charleston Educational Excellence Financing Corps. 3.290000%3.29%0.21%
California Municipal Finance Authority Multifamily Housing Revenue 3.140000%3.14%0.20%
California Municipal Finance Authority Revenue 3.160000%3.16%0.18%
San Francisco Unified School District GO 3.140000%3.14%0.18%
San Francisco California City and County Multifamily Housing Revenue Fnma Mbs Secured Sunnydale Hope 3.190000%3.19%0.17%
FHLMC Multifamily CRD Certificates 3.400000%3.40%0.16%
San Francisco City & County Public Utilities Commission Wastewater Revenue 3.090000%3.09%0.15%
City of Los Angeles Department of Airports Port, Airport & Marina Revenue 3.120000%3.12%0.15%
City of Los Angeles Department of Airports Port, Airport & Marina Revenue 3.000000%3.00%0.14%
Chula Vista California Housing Authority Housing Heritage Town Center Apts A 3.190000%3.72%0.14%
Los Angeles Unified School District, CA 3.100000%3.10%0.14%
California St University Revenue Statewide Series A 3.110000%3.11%0.14%
California GO 3.000000%3.00%0.13%
California GO 3.000000%3.00%0.13%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue TOB 3.450000%3.45%0.13%
Irvine Facilities Financing Authority 3.150000%3.15%0.13%
Pittsburg Public Financing Authority Intergovernamental Agreement Revenue 3.120000%3.12%0.13%
California St University Revenue Statewide Series A 3.050000%3.05%0.13%
California St University Revenue Statewide Series A 3.050000%3.05%0.13%
California GO TOB 3.110000%3.11%0.12%
Los Angeles CA Wastewater System Sewer Revenue 3.050000%3.05%0.12%
City of San Francisco CA Public Utilities Commission Water Revenue 3.090000%3.09%0.12%
California Health Facilities Financing Authority 3.290000%3.29%0.11%
Los Angeles Department of Airports Port, Airport & Marina Revenue 3.050000%3.05%0.11%
City & County of San Francisco, CA 3.250000%3.25%0.11%
California Educational Facilities Authority Revenue University Southern California Series A 3.110000%3.11%0.11%
California Educational Facilities Authority 3.100000%3.10%0.10%
San Luis Coastal Unified School District 3.000000%3.00%0.10%
California State University 3.000000%3.00%0.10%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 3.450000%3.45%0.10%
Mount Sanitary Antonio California Community College District Election 2024 Series A 3.110000%3.11%0.10%
California St University Revenue Statewide Series A 3.110000%3.11%0.09%
California Housing Finance Agency Limited Obligation Multifamily Housing Revenue 3.350000%3.35%0.09%
San Diego County Regional Airport Authority 3.150000%3.15%0.08%
Los Angeles California Multifamily Mortgage Revenue 3.350000%3.35%0.08%
California St University Revenue Statewide Series A 3.110000%3.11%0.08%
Sacramento County California Housing Authority 3.160000%3.16%0.07%
Livermore California Redevelopment Agency Multifamily Local or Guaranteed Housing Revenue TOB VRDO 3.180000%3.18%0.07%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 3.090000%3.09%0.07%
California State University 3.110000%3.11%0.07%
University California Revenues General Series Cc 3.110000%3.11%0.07%
Los Angeles Department of Airports Port, Airport & Marina Revenue 3.050000%3.05%0.06%
Clovis Unified School District 3.100000%3.10%0.06%
City of Los Angeles Department of Airports 3.120000%3.12%0.06%
State of California 3.090000%3.09%0.06%
State of California 3.120000%3.12%0.06%
City of Los Angeles Department of Airports Port, Airport & Marina Revenue 3.120000%3.12%0.06%
California GO TOB 3.450000%3.45%0.06%
California Department of Water Resources Water Revenue 3.110000%3.11%0.06%
San Francisco City & County Public Utilities Commission Wastewater Revenue 3.100000%3.10%0.05%
California State University 3.110000%3.11%0.05%
Los Angeles California Department Airports Airport Revenue Refunding AMT Subordinated Los Angeles International 3.140000%3.14%0.05%
San Francisco Bay Area Rapid Transit District 3.120000%3.12%0.05%
University of California College & University Revenue (Limited Project) 3.450000%3.45%0.05%
Port of Los Angeles 3.100000%3.10%0.04%
City & County of San Francisco, CA 3.130000%3.13%0.04%
City of Los Angeles Department of Airports 3.120000%3.12%0.04%
Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue 3.100000%3.10%0.04%
Encinitas CA Union School District GO TOB 3.000000%3.00%0.04%
Washington Township Health Care District 3.120000%3.12%0.04%
State of California 3.120000%3.12%0.04%
Los Angeles California Department Airports Airport Revenue Refunding AMT Subordinated Los Angeles International 3.140000%3.14%0.04%
California Educational Facilities Authority 3.450000%3.45%0.04%
San Diego Unified School District 3.100000%3.10%0.02%
State of California 3.100000%3.10%0.02%
Ventura Unified School District 3.090000%3.09%0.02%
East Bay Municipal Utility District Water System Water Revenue 3.050000%3.05%0.02%
Ventura Unified School District GO 3.450000%3.45%0.02%
California Statewide Communities Development Authority 2.350000%2.60%0.93%
City of Los Angeles Department of Airports 2.380000%2.83%0.92%
University of California 2.400000%2.55%0.59%
San Diego County Water Authority 2.320000%2.67%0.51%
State of California 2.370000%2.42%0.51%
California Statewide Communities Development Authority 2.350000%2.50%0.46%
California Statewide Communities Development Authority 2.300000%2.95%0.44%
California Statewide Communities Development Authority 2.330000%2.98%0.44%
California State University 2.400000%3.00%0.41%
State of California 2.400000%2.45%0.41%
California Statewide Communities Development Authority 2.620000%2.72%0.40%
University of California 2.450000%2.75%0.39%
University of California 2.350000%2.70%0.39%
University of California 2.460000%2.76%0.39%
University of California 2.430000%2.58%0.39%
University of California 2.500000%2.50%0.39%
California Statewide Communities Development Authority 2.350000%2.55%0.35%
Municipal Improvement Corp. of Los Angeles 2.350000%2.95%0.34%
University of California 2.350000%2.70%0.32%
University of California 2.350000%2.55%0.31%
San Diego Public Facilities Financing Authority Water Revenue 2.340000%2.84%0.26%
University of California 2.330000%2.68%0.26%
University of California 2.350000%2.70%0.26%
State of California Department of Water Resources 2.430000%2.43%0.26%
State of California 2.400000%2.40%0.26%
Los Angeles County Capital Asset Leasing Corp. 2.300000%2.95%0.24%
State of California Department of Water Resources 2.450000%2.45%0.23%
San Diego Public Facilities Financing Authority Water Revenue 2.430000%2.43%0.22%
California Statewide Communities Development Authority 2.330000%2.68%0.21%
California Statewide Communities Development Authority 2.350000%2.45%0.18%
Municipal Improvement Corp. of Los Angeles 2.450000%3.05%0.17%
California Statewide Communities Development Authority 2.300000%2.65%0.14%
State of California 2.320000%2.82%0.13%
State of California 2.300000%2.65%0.13%
University of California 2.350000%2.55%0.13%
California State University 2.380000%2.93%0.12%
San Francisco City & County Public Utilities Commission Wastewater Revenue 2.450000%2.45%0.10%
California Statewide Communities Development Authority 2.350000%2.45%0.09%
Municipal Improvement Corp. of Los Angeles 2.300000%2.60%0.08%
University of California 2.400000%2.70%0.08%
City of Los Angeles, CA 5.000000%2.58%0.98%
California Infrastructure & Economic Development Bank 3.500000%3.55%0.51%
California School Cash Reserve Program Authority 5.000000%2.64%0.48%
California Housing Finance Agency 2.950000%3.03%0.21%
Riverside County Public Financing Authority 5.000000%2.46%0.07%
County of Los Angeles, CA 5.000000%2.69%0.01%
County of Riverside, CA 5.000000%2.52%0.01%