Yes, I know. That's why I followed up with an oscilloscope with a high-impedance probe. I KNEW near zero reading wasn't real.

I really don't like digital VOMs. When I use VOM, I'm more less looking for an approximate value and trend. I can read a lot from the speed in which the reading (needle) rises or falls. Besides, most consumer/non-professional digital VOMs are precise, but not accurate. They won't read transient spikes either.