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Easy Approval, Fast & Secure Service. Apply Online Now. Vanguard Ohio Tax-Exempt Money Market Fundâdesigned only for Ohio residentsâseeks to provide federal and Ohio state tax-exempt income and preserve shareholdersâ principal investment by maintaining a share price of $1. As such it is considered one of the most conservative investment options offered by Vanguard. Although the fund invests in short-term, high-quality securities, the amount of income that a shareholder may receive will be largely dependent on the current interest rate environment and the availability of eligible Ohio municipal securities. Investors in a higher tax bracket who have a short-term savings goal and seek a competitive tax-free yield may wish to consider this option. Best Installment Lenders For Long Term Loans
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