Vanguard Sterling Short-Term Money Market Fund Interest Missing

GeoffTF

Qyburn said:

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

A defaulting loan.

InvesterJones

GeoffTF said:

Qyburn said:

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

A defaulting loan.

And payment of fees I guess?

masonic

Swing pricing is another possibility.

george4064

masonic said:

Swing pricing is another possibility.

Probably unlikely with a short term money market fund.

Can’t think of any institutional liquidity fund that I’ve come across during my work that isn’t 0.00% spread/no swing policy.

fabsaver

Still not arrived 

RosieRooBear

Mine neither, very frustrating 😤

Swipe

They have until Thursday according to the Corporate Actions. Still showing as Not Posted.

ScoobyZ

Still nothing for me or wife’s account. Terrible really. I guess now the dividends are higher they are sitting on the money a bit longer to get the interest.

RosieRooBear

ScoobyZ said:

Still nothing for me or wife’s account. Terrible really. I guess now the dividends are higher they are sitting on the money a bit longer to get the interest.

I agree @ScoobyZ, we were getting it a lot earlier then before, that will be around two weeks of lost interest on the dividends by the time they pay out, and we also can’t reinvest at the lowest point either. Tempted to transfer both mine and hubby’s out into a fixed cash isa, or possibly just withdraw and invest it in a fixed bond in my name only as I’m a non taxpayer. I’m sure hubby won’t mind me having his money 😂

extant465

Last year Vanguard took the quarterly fees on 15th September so I am wondering if the distribution timing is being "tuned" so that there is a greater possibility of funds in the cash account from which to take the fees.

Probably wrong on this but just a thought.