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ADAXX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1.0015$
  • Previous Close
    1.0015$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

ADAXX.US represents the Schwab Treasury Obligations Money Fund. It is a mutual fund offered by Charles Schwab that invests primarily in U.S. Treasury securities, obligations, and repurchase agreements collateralized by such securities. The fund aims to provide a high level of current income consistent with the preservation of capital and maintenance of liquidity.
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Factors

Fund performance: Strong ADAXX.US fund performance tends to attract more investors, increasing demand and potentially pushing the price up. Weak performance can lead to decreased demand and lower prices.

Market interest rates: Rising interest rates can make fixed-income investments less attractive, potentially causing investors to sell ADAXX.US, driving its price down. Conversely, falling rates can boost demand and the price.

Credit quality: Changes in the credit ratings of the securities held by ADAXX.US can affect its price. Downgrades can decrease the fund's value, while upgrades can increase it.

Fund management: Expertise and stability of the ADAXX.US fund manager impact investor confidence. A strong manager can attract and retain investors, supporting the fund's price.

Economic conditions: Overall economic health influences bond markets. Strong economic growth can lead to higher interest rates, potentially decreasing ADAXX.US price. Weaker growth might lower rates, increasing price.

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