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FAWXX

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

Analysis and statistics

  • Open
    0.9959$
  • Previous Close
    0.9959$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FAWXX.US is the ticker symbol for Fidelity Advisor Government Money Market Fund Class Z. This is a money market mutual fund offered by Fidelity Investments. It primarily invests in U.S. government securities, repurchase agreements involving these securities, and cash. The fund aims to provide a high level of current income consistent with the preservation of capital and liquidity. As a government money market fund, it typically seeks to maintain a stable net asset value (NAV) of $1 per share and is considered a relatively low-risk investment option.
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Factors

Interest Rates: FAWXX's price is heavily influenced by prevailing interest rates. Higher rates generally lead to lower bond prices (and thus lower FAWXX price) as newer bonds offer better yields.

Credit Risk: The creditworthiness of the bonds held by FAWXX impacts its price. Downgrades or defaults can negatively affect the fund's value.

Economic Conditions: Overall economic health, including inflation and growth, affects interest rates and bond yields, indirectly impacting FAWXX's price.

Fund Management: The fund manager's decisions on bond selection and duration management can influence FAWXX's performance and price.

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