Price = Yield for Vanguard Prime Money Market

[ggellman]

All of a sudden, the retrieved EOD price quote via Yahoo for Vanguard Prime Money Market (Cusip 922906201, VMMXX) is .08 (11/1) or .07 (11/2). These amounts are the current yield, not the price. I tried changing to bloomberg and got an error that investment could not be updated. This is a simple money market that always tries to keep the price at a $1 so I disabled the internet retrieve to temporarily solve the problem. Any help will be appreciated.

[Mark]

Hi ggellman,

It is normal to not retrieve prices for cash type investments (including money markets). This is the default when creating new cash type investments. Yahoo does indeed report a yield for money markets, instead of the desired $1 price, so what you did is correct, and the permanent solution.