Vanguard California Municipal Money Market Fund Investor Shares

VCTXX

California MunicipalRetail
7-day Yield
#401
2.37%
as of 6/30/2026
Net assets
$4B
Expense ratio
0.12%
WAM
14
WAL
15
Minimum
$3K
Holding details
54% Variable Rate Demand Notes
30% Tender Option Bonds
3% Municipal Bonds
13% Non-Financial CP
as of 6/30/2026

Performance

Portfolio Securities

SecurityYield%
University of California 2.250000%2.25%2.70%
Metropolitan Water District of Southern California 2.250000%2.25%2.26%
Abag Finance Authority for Nonprofit Corps. 2.220000%2.22%2.05%
Nuveen California Quality Municipal Income Fund 2.760000%2.76%2.00%
Sacramento Municipal Utility District 2.300000%2.30%1.89%
University of California 2.250000%2.25%1.74%
Metropolitan Water District of Southern California 2.300000%2.30%1.70%
Elsinore Valley Municipal Water District Financing Authority 2.050000%2.05%1.54%
California Health Facilities Financing Authority 2.050000%2.05%1.53%
University of California 2.420000%2.42%1.53%
University of California 2.230000%2.23%1.53%
California Municipal Finance Authority 2.140000%2.14%1.47%
University of California 2.550000%2.55%1.43%
California Health Facilities Financing Authority 2.300000%2.30%1.42%
City of Big Bear Lake, CA 2.100000%2.10%1.26%
California Health Facilities Financing Authority 2.050000%2.05%1.26%
San Francisco City & County Airport Commission-San Francisco International Airport 2.350000%2.35%1.22%
California Statewide Communities Development Authority 1.800000%1.80%1.20%
BlackRock MuniHoldings California Quality Fund Inc. 2.770000%2.77%1.14%
Bay Area Toll Authority 2.350000%2.35%1.14%
Bay Area Toll Authority 2.150000%2.15%1.12%
California Educational Facilities Authority 2.050000%2.05%1.11%
Nuveen California AMT-Free Quality Municipal Income Fund 2.700000%2.70%1.10%
Southern California Public Power Authority 2.500000%2.50%1.05%
California Educational Facilities Authority 1.970000%1.97%1.01%
Irvine Ranch Water District 2.050000%2.05%0.88%
Regents of the University of California Medical Center Pooled Revenue 2.500000%2.50%0.88%
Bay Area Toll Authority 2.300000%2.30%0.85%
California Health Facilities Financing Authority 2.750000%2.75%0.76%
California Public Finance Authority 1.950000%1.95%0.76%
California Public Finance Authority 2.000000%2.00%0.75%
Modesto Public Financing Authority, CA 2.250000%2.25%0.72%
California Public Finance Authority 2.350000%2.35%0.69%
Western Municipal Water District Facilities Authority 2.250000%2.25%0.68%
City of Irvine, CA 2.750000%2.75%0.56%
Santa Clara Valley Transportation Authority 2.050000%2.05%0.50%
Nuveen California Quality Municipal Income Fund 2.740000%2.74%0.48%
Regents of the University of California Medical Center Pooled Revenue 2.700000%2.70%0.43%
County of San Bernardino, CA 2.220000%2.22%0.41%
City of Irvine, CA 2.750000%2.75%0.41%
California Statewide Communities Development Authority 2.220000%2.22%0.41%
Calleguas-Las Virgenes Public Financing Authority 2.120000%2.12%0.38%
Bay Area Toll Authority 2.300000%2.30%0.38%
California Public Finance Authority 2.450000%2.45%0.37%
Bay Area Toll Authority 2.500000%2.50%0.30%
State of California 2.700000%2.70%0.28%
California Statewide Communities Development Authority 2.220000%2.22%0.28%
City of Irvine, CA 2.750000%2.75%0.28%
California Statewide Communities Development Authority 2.600000%2.60%0.26%
Regents of the University of California Medical Center Pooled Revenue 2.700000%2.70%0.26%
Bay Area Toll Authority 2.050000%2.05%0.26%
Southern California Public Power Authority 2.290000%2.29%0.25%
City of Vacaville, CA 2.220000%2.22%0.24%
Nuveen California Quality Municipal Income Fund 2.740000%2.74%0.24%
County of San Bernardino, CA 2.220000%2.22%0.23%
Irvine Ranch Water District Water Service Corps. 2.050000%2.05%0.21%
San Francisco City & County Redevelopment Agency Successor Agency 2.220000%2.22%0.18%
California Health Facilities Financing Authority 2.350000%2.35%0.15%
Nuveen California AMT-Free Quality Municipal Income Fund 2.700000%2.70%0.15%
County of San Bernardino, CA 2.220000%2.22%0.14%
County of San Bernardino, CA 2.220000%2.22%0.12%
County of Orange, CA 2.220000%2.22%0.12%
County of San Bernardino, CA 2.220000%2.22%0.11%
County of San Diego, CA 2.050000%2.05%0.11%
Abag Finance Authority for Nonprofit Corps. 2.220000%2.22%0.10%
Rancho Water District Community Facilities District 2.200000%2.20%0.09%
City of Irvine, CA 2.750000%2.75%0.09%
California Municipal Finance Authority 2.670000%2.67%0.09%
Santa Clara Valley Transportation Authority 2.050000%2.05%0.09%
Regents of the University of California Medical Center Pooled Revenue 2.350000%2.50%0.08%
County of Orange, CA 2.220000%2.22%0.07%
Irvine Ranch Water District 2.200000%2.20%0.07%
California Statewide Communities Development Authority 2.220000%2.22%0.06%
Bay Area Toll Authority 2.500000%2.50%0.06%
County of San Bernardino, CA 2.220000%2.22%0.05%
Sacramento County Housing Authority 2.700000%2.70%0.05%
Bay Area Toll Authority 1.000000%2.50%0.05%
San Mateo Joint Powers Financing Authority 2.100000%2.10%0.04%
City of Santa Rosa, CA 2.200000%2.20%0.03%
County of San Bernardino, CA 2.220000%2.22%0.02%
Anaheim Housing & Public Improvements Authority 2.500000%2.50%0.02%
Nuveen California Quality Municipal Income Fund 3.150000%3.15%3.23%
FHLMC Multifamily CRD Certificates 2.950000%2.95%2.24%
California Statewide Communities Development Authority 3.000000%3.00%1.41%
California Health Facilities Financing Authority 2.670000%2.67%1.09%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 2.800000%2.80%1.05%
California GO 2.570000%2.57%0.88%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 3.000000%3.00%0.75%
Anaheim California Housing Authority Multifamily Housing Revenue Various Refunding Heritage Village Apts A 3.250000%2.69%0.67%
City & County of San Francisco, CA 2.740000%2.74%0.63%
California Municipal Finance Authority Revenue 2.790000%2.79%0.50%
California Housing Finance Agency 2.690000%2.69%0.49%
California Health Facilities Financing Authority Revenue 2.730000%2.73%0.45%
San Jose California Multifamily Housing Revenue 2.790000%2.71%0.44%
Contra Costa County CA Multifamily Housing Revenue 2.720000%2.64%0.44%
California GO 2.800000%2.80%0.42%
California Housing Finance Agency Limited Obligation Multifamily Housing Revenue 2.770000%2.69%0.42%
Public Finance Authority 3.150000%3.15%0.41%
Los Angeles Department of Airports Port, Airport & Marina Revenue 2.600000%2.60%0.40%
San Francisco California Bay Area Rapid Transit District Election 2016 Series D 1 Green 2.700000%2.62%0.39%
California GO 2.670000%2.67%0.38%
City & County of San Francisco, CA 2.740000%2.74%0.38%
California Statewide Communities Development Authority Special Tax Revenue 2.700000%2.70%0.37%
PIMCO California Municipal Income Fund 2.870000%2.87%0.33%
California St Enterprise Development Authority Educational Facility Revenue 3.000000%3.00%0.33%
Long Beach Community College District 2.550000%2.55%0.32%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 2.800000%2.80%0.32%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue TOB 2.800000%2.80%0.31%
California Infrastructure & Economic Development Bank Health, Hospital, Nursing Home Revenue (PIH Health Energy Projects) 2.670000%2.67%0.31%
California Statewide Communities Development Authority 3.000000%3.00%0.31%
San Diego Unified School District/CA 2.700000%2.62%0.30%
JPMorgan Chase Putters /Drivers Trust 2.870000%2.87%0.29%
California Statewide Communities Development Authority 2.950000%2.95%0.29%
San Mateo Union High School District 2.550000%2.55%0.28%
San Diego California Housing Authority Multifamily Housing Revenue Various Courthouse Commons Series F 2.790000%2.71%0.28%
California Health Facilities Financing Authority 2.870000%2.87%0.27%
Rio Hondo CA Community College District GO 2.700000%2.70%0.26%
California Municipal Finance Authority Multifamily Housing Revenue Oaks On Balboa Series A 1 3.250000%2.69%0.25%
California Municipal Finance Authority 2.790000%2.71%0.25%
Los Angeles Unified School District, CA 2.680000%2.60%0.24%
California Educational Facilities Authority 2.680000%2.68%0.23%
California Municipal Finance Authority Multifamily Housing Revenue 615 Manhattan Series A 3.250000%2.71%0.23%
Murrieta Valley Unified School District GO 2.700000%2.70%0.22%
Regents of the University of California Medical Center Pooled Revenue 2.700000%2.70%0.22%
California Statewide Communities Development Authority 2.690000%2.69%0.22%
Charleston Educational Excellence Financing Corps. 2.870000%2.87%0.20%
California Municipal Finance Authority Multifamily Housing Revenue 2.720000%2.64%0.19%
Cerritos Community College District GO 2.690000%2.69%0.19%
California Municipal Finance Authority Revenue 2.740000%2.74%0.18%
San Francisco Unified School District GO 2.720000%2.64%0.18%
San Francisco California City and County Multifamily Housing Revenue Fnma Mbs Secured Sunnydale Hope 2.770000%2.69%0.17%
Los Angeles CA Wastewater System Sewer Revenue 2.750000%3.00%0.17%
FHLMC Multifamily CRD Certificates 2.950000%2.95%0.16%
San Francisco City & County Public Utilities Commission Wastewater Revenue 2.670000%2.67%0.15%
City of Los Angeles Department of Airports Port, Airport & Marina Revenue 2.700000%2.70%0.15%
Chula Vista California Housing Authority Housing Heritage Town Center Apts A 2.770000%2.69%0.14%
Los Angeles Unified School District, CA 2.680000%2.68%0.14%
California Health Facilities Financing Authority Revenue 2.920000%2.92%0.14%
California St University Revenue Statewide Series A 2.690000%2.69%0.14%
California GO 2.550000%2.55%0.13%
California GO 2.550000%2.55%0.13%
Irvine Facilities Financing Authority 2.730000%2.73%0.13%
Los Angeles California Multifamily Mortgage Revenue 2.650000%2.55%0.13%
Los Angeles Department of Airports Port, Airport & Marina Revenue 2.750000%2.75%0.13%
Los Angeles Department of Airports Port, Airport & Marina Revenue 2.750000%2.75%0.13%
California St University Revenue Statewide Series A 2.750000%3.00%0.13%
California GO TOB 2.690000%2.69%0.12%
City of San Francisco CA Public Utilities Commission Water Revenue 2.670000%2.67%0.12%
California St University Revenue Statewide Series A 2.750000%2.75%0.12%
California Health Facilities Financing Authority 2.870000%2.87%0.11%
City & County of San Francisco, CA 2.800000%2.80%0.11%
California Educational Facilities Authority Revenue University Southern California Series A 2.690000%2.69%0.11%
California Educational Facilities Authority 2.680000%2.68%0.10%
Los Angeles Department of Airports Port, Airport & Marina Revenue 2.600000%2.60%0.10%
San Luis Coastal Unified School District 2.550000%2.55%0.10%
California State University 2.550000%2.55%0.10%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 2.700000%2.70%0.10%
Mount Sanitary Antonio California Community College District Election 2024 Series A 2.690000%2.69%0.10%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 2.800000%2.80%0.09%
Los Angeles Department of Airports Port, Airport & Marina Revenue 2.550000%2.55%0.09%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 3.000000%3.00%0.09%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 2.700000%2.70%0.09%
Pittsburg Public Financing Authority Intergovernamental Agreement Revenue 2.700000%2.70%0.09%
California Housing Finance Agency Limited Obligation Multifamily Housing Revenue 2.650000%2.55%0.09%
San Diego County Regional Airport Authority 2.730000%2.73%0.08%
California State Public Works Board Lease (Abatement) Revenue (Various Capital Projects) 2.880000%2.88%0.08%
California St University Revenue Statewide Series A 2.690000%2.69%0.08%
California St University Revenue Statewide Series A 2.690000%2.69%0.08%
Livermore California Redevelopment Agency Multifamily Local or Guaranteed Housing Revenue TOB VRDO 2.760000%2.76%0.07%
San Francisco City & County Airport Commission-San Francisco International Airport Port, Airport & Marina Revenue 2.670000%2.67%0.07%
California State University 2.690000%2.69%0.07%
University California Revenues General Series Cc 2.690000%2.69%0.07%
California GO TOB 2.850000%2.85%0.07%
Los Angeles Department of Airports Port, Airport & Marina Revenue 2.600000%2.60%0.06%
Clovis Unified School District 2.680000%2.68%0.06%
City of Los Angeles Department of Airports 2.700000%2.70%0.06%
San Francisco Bay Area Rapid Transit District GO 2.750000%2.75%0.06%
State of California 2.670000%2.67%0.06%
State of California 2.700000%2.70%0.06%
City of Los Angeles Department of Airports Port, Airport & Marina Revenue 2.700000%2.70%0.06%
California Department of Water Resources Water Revenue 2.690000%2.69%0.06%
San Francisco City & County Public Utilities Commission Wastewater Revenue 2.680000%2.68%0.05%
San Diego CA Housing Authority Revenue TOB 2.650000%2.55%0.05%
California State University 2.690000%2.69%0.05%
Los Angeles California Department Airports Airport Revenue Refunding AMT Subordinated Los Angeles International 2.720000%2.72%0.05%
San Francisco Bay Area Rapid Transit District 2.700000%2.70%0.05%
University of California College & University Revenue (Limited Project) 2.700000%2.70%0.05%
Downey Unified School District GO 2.690000%2.69%0.05%
Port of Los Angeles 2.680000%2.68%0.04%
City of Los Angeles Department of Airports 2.700000%2.70%0.04%
Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue 2.680000%2.68%0.04%
Encinitas CA Union School District GO TOB 2.550000%2.55%0.04%
Washington Township Health Care District 2.700000%2.70%0.04%
Los Angeles California Department Airports Airport Revenue Refunding AMT Subordinated Los Angeles International 2.720000%2.72%0.04%
California Educational Facilities Authority 3.000000%3.00%0.04%
State of California 2.700000%2.70%0.03%
San Francisco City & County Public Utilities Commission Wastewater Revenue TOB 2.890000%2.89%0.03%
San Diego Unified School District 2.680000%2.68%0.02%
State of California 2.680000%2.68%0.02%
Ventura Unified School District 2.670000%2.67%0.02%
East Bay Municipal Utility District Water System Water Revenue 2.750000%2.75%0.02%
Ventura Unified School District GO 2.700000%2.70%0.02%
California Statewide Communities Development Authority 2.350000%2.60%0.91%
City of Los Angeles Department of Airports 2.410000%2.46%0.90%
City of Los Angeles Department of Airports 2.500000%2.50%0.73%
University of California 2.400000%2.55%0.58%
California State University 2.450000%2.55%0.52%
State of California 2.370000%2.47%0.50%
San Francisco City & County Public Utilities Commission Wastewater Revenue 2.420000%2.42%0.50%
San Diego County Water Authority 2.440000%2.49%0.50%
California Statewide Communities Development Authority 2.350000%2.55%0.45%
University of California 2.500000%2.50%0.45%
California Statewide Communities Development Authority 2.480000%2.53%0.43%
California Statewide Communities Development Authority 2.480000%2.53%0.43%
State of California 2.400000%2.50%0.40%
California Statewide Communities Development Authority 2.480000%2.58%0.40%
Sacramento Municipal Utility District 2.430000%2.53%0.38%
University of California 2.490000%2.49%0.38%
California Statewide Communities Development Authority 2.350000%2.55%0.35%
University of California 2.500000%2.55%0.35%
Municipal Improvement Corp. of Los Angeles 2.430000%2.53%0.34%
University of California 2.500000%2.55%0.30%
San Diego Public Facilities Financing Authority Water Revenue 2.420000%2.42%0.30%
California State University 2.380000%2.48%0.26%
State of California Department of Water Resources 2.430000%2.43%0.25%
State of California 2.400000%2.40%0.25%
Sacramento Municipal Utility District 2.500000%2.55%0.25%
University of California 2.450000%2.45%0.25%
Los Angeles County Capital Asset Leasing Corp. 2.430000%2.53%0.24%
State of California Department of Water Resources 2.450000%2.50%0.22%
University of California 2.500000%2.60%0.21%
California Statewide Communities Development Authority 2.490000%2.59%0.20%
California Statewide Communities Development Authority 2.350000%2.50%0.18%
Municipal Improvement Corp. of Los Angeles 2.450000%2.55%0.16%
University of California 2.500000%2.60%0.16%
University of California 2.350000%2.55%0.13%
State of California 2.400000%2.40%0.13%
California Statewide Communities Development Authority 2.490000%2.59%0.13%
California Statewide Communities Development Authority 2.350000%2.50%0.09%
Los Angeles Municipal Improvement Corp. Lease Revenue 2.400000%2.50%0.08%
San Diego Community College District 4.000000%2.41%0.84%
City of Los Angeles, CA 5.000000%2.71%0.64%
California Infrastructure & Economic Development Bank 3.500000%3.56%0.50%
State of California 5.000000%2.40%0.29%
California Housing Finance Agency 2.950000%3.29%0.20%
County of Santa Clara, CA 5.000000%2.88%0.14%
California State Public Works Board 5.000000%2.34%0.08%
Los Angeles Community College District, CA 5.000000%2.40%0.06%
Riverside County Public Financing Authority 5.000000%2.47%0.06%
Long Beach Unified School District 5.000000%2.36%0.05%
Los Angeles Community College District, CA 5.000000%2.40%0.04%
Los Angeles Community College District, CA 5.000000%2.40%0.02%