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TTOXX

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1d
1w
1m

Analysis and statistics

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About

TTOXX.US represents the Fidelity Treasury Only Money Market Fund, a money market fund offered by Fidelity Investments. It primarily invests in U.S. Treasury securities, repurchase agreements backed by such securities, and cash. The fund aims to provide investors with a high level of current income consistent with the preservation of capital and liquidity. As a money market fund, it is designed to maintain a stable net asset value (NAV) of $1.00 per share.
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Factors

Federal Reserve Interest Rate Policies: When the Fed raises rates, TTOXX's yield, and therefore its price, becomes more attractive. Lower rates have the opposite effect.

Overall Market Interest Rates: Changes in prevailing interest rates influence the fund's yield, which impacts its attractiveness compared to other investments.

Fund Expense Ratio: A lower expense ratio means more of the fund's earnings are passed on to investors, potentially increasing its relative value.

Demand for Safe-Haven Assets: Increased demand typically drives up the price of money market funds like TTOXX due to perceived safety.

Economic Conditions: Economic uncertainty can lead to increased investment in safer assets like TTOXX, affecting its demand and price.

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