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FOEXX

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

Analysis and statistics

  • Open
    0.9955$
  • Previous Close
    0.9955$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FOEXX.US represents Fidelity Advisor Government Money Market Fund Class Z, a money market fund offered by Fidelity Investments. Money market funds like FOEXX aim to provide investors with a high degree of liquidity and preservation of capital by investing in short-term, low-risk debt securities issued or guaranteed by the U.S. government and its agencies. The fund seeks to maintain a stable net asset value (NAV) of $1.00 per share, although this is not guaranteed, and offers a way for investors to earn a modest return on cash holdings while maintaining easy access to their funds.
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Factors

Fund Performance: Historical and recent returns significantly impact investor demand.

Interest Rate Movements: Rising rates can make fixed-income funds less attractive.

Credit Risk: Downgrades or defaults on underlying holdings can lower the fund's value.

Market Sentiment: Overall optimism or pessimism towards specific asset classes.

Expense Ratio: Higher expenses reduce net returns and can affect the price negatively.

Fund Size: Extremely large funds might face difficulties in generating outsized returns.

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