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FMMCEX

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

Analysis and statistics

  • Open
    16.6453$
  • Previous Close
    16.6453$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FMMCEX.US represents the Fidelity Municipal Money Market Fund. This fund seeks to provide as high a level of current income exempt from federal income tax as is consistent with the preservation of capital and liquidity. It invests primarily in municipal securities, which are debt obligations issued by state and local governments and other entities whose interest is exempt from federal income tax. As a money market fund, it aims to maintain a stable net asset value (NAV) of $1 per share, though this is not guaranteed, and is subject to risks such as interest rate changes and credit quality of its holdings.
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Factors

Factor 1: Net Asset Value (NAV): The fund's NAV, reflecting the underlying assets' market value less liabilities, directly impacts the share price.

Factor 2: Market Demand: Increased demand for the fund drives the price up, while decreased demand causes it to fall.

Factor 3: Expense Ratio: Higher expense ratios can negatively affect returns and potentially lower the fund's attractiveness to investors.

Factor 4: Portfolio Composition: The performance of the assets held within the fund's portfolio is a key driver of price fluctuations.

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