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MMTPX

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

Analysis and statistics

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About

MMTPX.US refers to the Morgan Stanley Tax-Exempt Municipal Fund, Class A shares. It's a mutual fund focused on providing income exempt from federal income taxes by investing primarily in municipal securities. The fund aims to offer investors a tax-advantaged investment option within the fixed income market.
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Factors

Interest Rates: Changes in prevailing interest rates significantly affect MMTPX, a money market fund. Higher rates generally increase its yield and thus its attractiveness, potentially driving its price slightly up. Conversely, lower rates tend to decrease its yield and price. Credit Risk: Perceived creditworthiness of the fund's underlying investments (short-term debt instruments) influences MMTPX's price. Higher perceived risk can lead to lower prices, as investors demand a higher return to compensate for the increased risk of default. Market Liquidity: The ease with which assets within the fund can be bought or sold affects price. Lower liquidity can increase price volatility, especially during times of market stress.

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