Does the yield on a money market fund account for the fund expenses?

Question

In other words, when I compare the interest rate on my high yield savings account to the yield on a money market, should I first subtract the money market's expense ratio from its yield?

Answer 1

The yield takes into account the expenses.

Vanguard Prime pays 5.1% after expenses of 0.29%. I think there are a few that pay more, but Vanguard is usually right near the top.

Answer 2

Usually, the yield quoted is after the Mer is taken into consideration. Yield quoted is yield you received