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PMJXX

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1d
1w
1m

Analysis and statistics

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About

PMJXX.US represents the Prime Money Market Fund (often called a government money market fund) offered by Fidelity Investments. It is a type of mutual fund designed to provide investors with a high degree of liquidity and stability while seeking to generate current income. The fund invests primarily in U.S. government securities, repurchase agreements, and other high-quality, short-term money market instruments, making it generally considered a low-risk investment option. As a money market fund, it aims to maintain a stable net asset value (NAV) of $1 per share, although this is not guaranteed, and returns are subject to market conditions and interest rate fluctuations.
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Factors

Interest Rates: Changes in interest rates, especially short-term rates, directly impact PMJXX's yield and attractiveness.

Credit Quality: The creditworthiness of the securities held in the fund influences its stability and perceived risk.

Market Conditions: Overall economic conditions and investor sentiment can affect demand for money market funds.

Fund Management: The fund's investment strategy and expense ratio influence its performance and returns.

Supply & Demand: High demand can slightly raise the price; increased supply lowers it marginally.

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