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GRTXX

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

Analysis and statistics

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  • 52 Week Change
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  • Dividend Per Share
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About

GRTXX.US represents the Fidelity Treasury Only Money Market Fund. This fund primarily invests in U.S. Treasury securities, repurchase agreements backed by U.S. Treasury securities, and related investments. As a money market fund, it aims to provide current income while maintaining a stable share price of $1.00 and focusing on preserving capital and liquidity. The fund's performance is influenced by short-term interest rates, particularly those prevailing in the U.S. Treasury market.
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Factors

Interest Rates: GRTXX's yield, and thus its price, is directly tied to prevailing short-term interest rates set by the Federal Reserve. Higher rates generally lead to a higher yield and potentially a slightly higher net asset value (NAV).

Market Conditions: Overall economic health and investor sentiment can impact demand for money market funds like GRTXX. Economic uncertainty may increase demand, while a strong stock market might decrease it.

Fund Management: The fund manager's investment decisions, such as the types and maturities of securities held, affect the fund's yield and indirectly its price. A skilled manager can optimize returns.

Fund Expenses: Operating expenses, including management fees, are deducted from the fund's earnings. Higher expenses can reduce the fund's yield and potentially its competitiveness, influencing investor demand.

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