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GOVXX

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1d
1w
1m

Analysis and statistics

  • Open
    0.9984$
  • Previous Close
    0.9984$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GOVXX.US refers to Fidelity Investments Money Market Government Portfolio. It is a money market fund designed to provide investors with a high level of current income consistent with the preservation of capital and liquidity. The fund primarily invests in U.S. government securities and repurchase agreements collateralized by U.S. government securities. As a government money market fund, it seeks to maintain a stable net asset value (NAV) of $1 per share.
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Factors

Interest Rates: Higher rates typically lead to increased yield and demand, raising the fund's price.

Treasury Yields: GOVXX invests in government securities; rising yields may boost the fund's price.

Fed Policy: Changes in monetary policy and announcements can significantly impact GOVXX's value.

Demand: Increased investor interest drives up the fund's price due to higher buying pressure.

Credit Risk: Minimal, but perceived changes in US government creditworthiness can have a slight effect.

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