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

Posted on 4/24/23 at 11:31 am to
Posted by Big Scrub TX
Member since Dec 2013
33577 posts
Posted on 4/24/23 at 11:31 am to
quote:

But the 4.75% you mentioned is specifically from the monthly dividend that my USFR would pay out. Is that right?
Yes, although it's well up over 5% now.
Posted by Big Scrub TX
Member since Dec 2013
33577 posts
Posted on 5/1/23 at 11:35 am to
5.3% as of today's auction.
Posted by GREENHEAD22
Member since Nov 2009
19625 posts
Posted on 2/15/24 at 8:45 pm to
quote:

quote:
But the 4.75% you mentioned is specifically from the monthly dividend that my USFR would pay out. Is that right?

Yes, although it's well up over 5% now.


This is a confusing statement, these funds are not paying out the yield monthly. The yield is a yrly yield and the percentage is based on the previous months average rate, correct?

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