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FRRXX

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

Analysis and statistics

  • Open
    1.0078$
  • Previous Close
    1.0078$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FRRXX.US refers to Fidelity Cash Central Fund, a money market fund offered by Fidelity Investments. It is designed to provide investors with a high degree of liquidity and preserve capital while generating income through investments in short-term, high-quality money market instruments. The fund seeks to maintain a stable net asset value (NAV) of $1.00 per share, although this is not guaranteed, and it is subject to market risk and fluctuations. Investors often use FRRXX as a temporary parking place for cash due to its low risk and easy accessibility.
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Factors

Interest Rates: FRRXX.US, being a money market fund, is heavily influenced by prevailing interest rates. When the Federal Reserve raises rates, FRRXX's yield, and thus its price, tends to increase, and vice versa.

Credit Risk: The creditworthiness of the securities held by FRRXX affects its price. If there's an increased perception of risk among these securities, the fund's price might decline slightly.

Maturity Dates: FRRXX's price is sensitive to the maturity dates of its holdings. Shorter-term securities generally lead to more stable prices.

Supply and Demand: Like any asset, the price of FRRXX can be influenced by supply and demand. Higher demand can lead to a slight increase in price.

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