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TTTXX

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

Analysis and statistics

  • Open
    1.0055$
  • Previous Close
    1.0055$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

TTTXX.US represents the TIAA-CREF Money Market Fund - Institutional Class. This fund is a money market mutual fund offered by Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF). It primarily invests in high-quality, short-term debt securities issued by the U.S. government, corporations, and banks, aiming to provide a high level of current income consistent with the preservation of capital and liquidity. As a money market fund, it seeks to maintain a stable net asset value (NAV) of $1.00 per share, although this is not guaranteed and it is possible to lose money by investing in the fund.
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Factors

Fed Funds Rate: TTTXX's yield closely mirrors the Fed Funds Rate, as it primarily invests in short-term U.S. government securities. A rise in the Fed Funds Rate typically leads to a higher yield for TTTXX and vice versa.

Treasury Yields: Changes in U.S. Treasury yields, particularly short-term Treasury bills, directly influence TTTXX's yield and price. Higher Treasury yields generally result in a higher yield for the fund.

Demand for Safe Assets: Increased demand for safe-haven assets, such as U.S. Treasury securities, can drive down yields and potentially affect TTTXX's returns.

Money Market Fund Regulations: Regulatory changes affecting money market funds can impact their investment strategies and expense ratios, indirectly influencing their yields and attractiveness.

Fund Management Fees: The expense ratio charged by the fund's management team can impact the net yield received by investors. Higher fees can result in lower returns.

Economic Conditions: Overall economic conditions, including inflation and economic growth, can influence interest rate expectations and subsequently impact TTTXX's yield.

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