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SGAXX

$--
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1d
1w
1m

Analysis and statistics

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  • Dividend Per Share
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About

SGAXX.US represents State Street Institutional Liquid Reserves Fund, a money market fund. These funds invest in short-term, high-quality debt securities, aiming to provide investors with a low-risk, liquid investment option while preserving capital and generating current income. Money market funds like SGAXX are often used as a cash management tool by institutional investors. The share price typically remains stable at $1.00, with returns reflected in the dividend yield.
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Factors

Federal Funds Rate: Higher rates increase SGAXX's yield and price, as it invests in short-term debt affected by these rates. Lower rates decrease yield and price.

Treasury Yields: Similar to the Federal Funds Rate, rising Treasury yields boost SGAXX's attractiveness and price. Declining Treasury yields have the opposite effect.

Demand for Short-Term Investments: Increased demand for safe, liquid assets like money market funds can drive up SGAXX's price as investors seek a haven. Lower demand can decrease it.

Credit Risk: Perceived changes in the creditworthiness of SGAXX's underlying holdings (e.g., commercial paper) can impact its price. Higher risk can lower demand and price.

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