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re: IMO, best place to park cash...

Posted on 4/20/23 at 1:22 pm to
Posted by Big Scrub TX
Member since Dec 2013
33577 posts
Posted on 4/20/23 at 1:22 pm to
quote:

Can you help me understand this more? Are the earnings derived only from the monthly dividend? I’m not familiar with these treasury-based etfs.
The underlying holdings are these 2 year treasury FRNs, but the rate is set weekly at the bills auction.
Posted by turkish
Member since Aug 2016
1785 posts
Posted on 4/21/23 at 9:43 am to
But the 4.75% you mentioned is specifically from the monthly dividend that my USFR would pay out. Is that right?
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