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UMMDX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    30.0704$
  • Previous Close
    30.0704$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

UMMDX.US is the ticker symbol for the Ultra-Short Municipal Money Market Fund, specifically the US version. This fund is designed to provide investors with a low-risk, highly liquid investment option focused on short-term municipal securities. The goal is to offer income that is exempt from federal income tax, while maintaining a stable net asset value similar to a money market fund.
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Factors

Fund Performance: Strong historical returns typically attract more investors, increasing demand and potentially the price.

Interest Rate Changes: Rising interest rates may decrease the attractiveness of UMMDX.US, leading to potential price decline.

Market Volatility: Increased market uncertainty can trigger selling pressure, lowering the price.

Fund Manager Changes: Instability in fund management can negatively impact investor confidence and the price.

Economic Conditions: Overall economic health influences investment sentiment and, consequently, UMMDX.US's price.

Expense Ratio: A higher expense ratio can make the fund less appealing compared to others with similar holdings, affecting demand.

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