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FVAXX

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

Analysis and statistics

  • Open
    1.008$
  • Previous Close
    1.008$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FVAXX.US is the ticker symbol for the Fidelity Government Money Market Fund. This fund is a money market mutual fund offered by Fidelity Investments that primarily invests in U.S. government securities, repurchase agreements collateralized by U.S. government securities, and cash. It seeks to provide a high level of current income consistent with the preservation of capital and liquidity. Due to its investments in government securities, it is generally considered a low-risk investment option suitable for investors seeking a safe place to park cash. However, like all investments, it carries some risk, including the possibility of losing money, although that risk is considered to be very low.
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Factors

Interest Rates: Rising rates generally decrease FVAXX's attractiveness, leading to price declines as investors seek higher yields elsewhere.

Credit Risk: Concerns about the creditworthiness of securities held by FVAXX can lower its price due to potential defaults.

Market Liquidity: Reduced liquidity in money market instruments held by FVAXX can lead to price drops during periods of selling pressure.

Fund Management: Management decisions on asset allocation and security selection impact FVAXX's performance and therefore its price.

Investor Demand: High demand for FVAXX can push its price upward, while increased redemptions can lead to price declines.

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