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FGVXX

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

Analysis and statistics

  • Open
    0.994$
  • Previous Close
    0.994$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FGVXX.US refers to the Fidelity Government Money Market Fund. It's a money market mutual fund offered by Fidelity Investments that primarily invests in U.S. government securities and repurchase agreements collateralized by U.S. government securities. The fund aims to provide a high level of current income consistent with the preservation of capital and liquidity.
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Factors

Federal Funds Rate: Influences short-term interest rates, impacting FGVXX's yield.

Treasury Bill Yields: Directly affects returns as FGVXX invests in short-term Treasury securities.

Demand for Cash: Increased demand can drive investment in money market funds like FGVXX.

Economic Conditions: Strong economy might lead to higher rates and potentially better returns.

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