FFMMX Fund Price Today, Quote, Chart and News

FFMMX

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Analysis and statistics

Open
60.5887$
Previous Close
60.5887$
52 Week Change
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Day Range
0.00$
52 Week High/Low
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Dividend Per Share
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Market cap
--$
EPS
--
Beta
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Volume
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About

FFMMX.US represents Fidelity Money Market Fund, a money market mutual fund offered by Fidelity Investments. Money market funds like FFMMX.US invest in short-term, low-risk debt securities, such as U.S. Treasury bills, commercial paper, and repurchase agreements. The primary goal of such funds is to maintain a stable net asset value (NAV), typically around $1 per share, while providing investors with a modest level of income. These funds are generally considered to be relatively safe and liquid investments, making them suitable for short-term savings or as a temporary holding place for cash.

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Factors

Interest Rates: Changes in the Federal Reserve's policy rates directly impact money market fund yields, affecting FFMMX's price.

Credit Risk: Perceived creditworthiness of the issuers of securities held in FFMMX influences its value.

Supply/Demand: Investor demand for safe assets impacts FFMMX's price; higher demand typically increases it.

Market Conditions: General economic outlook and financial market stability affect investor sentiment and fund prices.

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