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GVCXX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    0.9963$
  • Previous Close
    0.9963$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GVCXX.US represents the Government Cash Reserves, a money market fund managed by Fidelity Investments. It primarily invests in U.S. government securities, repurchase agreements backed by such securities, and cash. As a money market fund, it seeks to maintain a stable net asset value (NAV) of $1.00 per share while providing current income consistent with preserving capital and liquidity. The fund is designed for investors seeking a low-risk, highly liquid investment option, often used as a temporary holding place for cash or for short-term investment goals.
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Factors

Short-term Interest Rates: GVCXX's price is significantly affected by short-term interest rates. When these rates rise, GVCXX's yield becomes more attractive, potentially increasing demand and price.

Credit Risk: Changes in the perceived creditworthiness of the issuers held within GVCXX can influence its price. Higher perceived risk may lead to a price decrease.

Market Liquidity: Overall market liquidity affects GVCXX. Reduced liquidity could make it harder to buy or sell, impacting price.

Fund Management: The fund manager's investment decisions, including security selection and duration management, can impact the fund's performance and price.

Investor Sentiment: General investor sentiment toward money market funds and similar low-risk investments can drive demand and subsequently affect GVCXX's price.

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