Vanguard Sterling Short-Term Money Market Fund Interest Missing

Swipe

Is anyone else missing their Vanguard Sterling Short-Term Money Market Fund Interest for July? I was due to be paid out on 31st August but still nothing today.

AlwaysLearnin

Not showing here yet either (Vanguard platform).  It can be a few days in to the month before it shows on the account for whatever reason.  

dunstonh

Fund house pays it ot the platform.  The platform pays it to the account holders.  Delays possible in that extra step.

pbcpdeveloper

The Corporate action details state:

"Investors who held shares on 31 July 2023 are entitled to receive this distribution and it is expected to be paid within 10 business days of the payable/effective date."

Effective Date is 31st August, 10 busines days can take you out to 14th September.

masonic

It is by no means unusual for distributions from OEICs to be slow to arrive. Some platforms are worse than others.

Swipe

OK thanks. This is only my third month and the previous times they were paid on the last day and the first so just thought I'd check to see if other people's were delayed also. 

GeoffTF

Vanguard can be very slow paying ETF dividends on their own platform too. My last VEVE dividend arrived 10 working days after the pay date. The competition is much better than that.

ScoobyZ

Still not in for me in the 7th.

Swipe

ScoobyZ said:

Still not in for me in the 7th.

Same here 

Rheumatoid

They are pants. My Vanguard equity income fund pays on the day in HL but usually a few days later on their own platform 

Qyburn

Just out of interest, why would the price fall other than on the ex-dividend date?