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FDRXX

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1w
1m

Analysis and statistics

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About

FDRXX.US represents the Fidelity Treasury Only Money Market Fund. This fund aims to provide investors with as high a level of current income as is consistent with preserving capital and maintaining liquidity. It invests exclusively in U.S. Treasury securities, repurchase agreements collateralized by U.S. Treasury securities, and cash, making it generally considered a very low-risk investment option, though not without potential for minimal losses. As a money market fund, its share price is intended to remain stable at $1.00, although this is not guaranteed.
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Factors

Interest Rates: FDRXX's yield, and thus its price, closely follows prevailing short-term interest rates set by the Federal Reserve. Higher rates typically lead to higher yields, potentially increasing the fund's attractiveness.

Credit Risk: The creditworthiness of the securities held by FDRXX influences its price. A perceived increase in credit risk of underlying assets could negatively affect the fund.

Maturity of Holdings: The average maturity of securities in FDRXX impacts price sensitivity to interest rate changes. Longer maturities generally lead to greater price fluctuations.

Supply and Demand: General investor demand for money market funds like FDRXX can influence its price. Increased demand may lead to slight price appreciation.

Fund Management Fees: Fees charged by the fund's management can impact its overall yield, which indirectly affects its price relative to competing funds.

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