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FZMVXX

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Analysis and statistics

  • Open
    10.6451$
  • Previous Close
    10.6451$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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  • EPS
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  • Beta
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  • Volume
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About

FZMVXX.US represents the Fidelity Investments Money Market Government Portfolio - Institutional Class. This is a money market mutual fund that primarily invests in U.S. government securities and repurchase agreements collateralized by U.S. government securities, aiming to provide investors with current income consistent with preserving capital and maintaining liquidity. As a money market fund, it seeks to maintain a stable net asset value (NAV) of $1.00 per share.
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Factors

The content should be accurate. Federal Reserve Policy: Short-term interest rate decisions by the Fed directly impact FZMVXX.US, as it invests in instruments sensitive to these rates.

Economic Data Releases: Key economic indicators like inflation, employment, and GDP influence market expectations of future rate hikes or cuts, affecting FZMVXX.US.

Treasury Bill Yields: As a money market fund, FZMVXX.US holds Treasury bills. Fluctuations in T-bill yields directly impact the fund's returns and thus, its price.

Demand for Short-Term Investments: Increased demand for safe, liquid assets like money market funds can drive up the price of FZMVXX.US due to increased inflows.

Credit Risk: Although FZMVXX.US invests in high-quality securities, changes in perceived credit risk within the short-term debt market can still indirectly affect it.

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