Fidelity® Series Government Money Market Fund FGNXX | Fund $1.00 $8.46 M 5.50% $0.05 - FGNXX - Profile Distributions YTD Total Return N/A 3 Yr Annualized Total Return N/A 5 Yr Annualized Total Return N/A Capital Gain Distribution Frequency Annually Net Income Ratio 0.10%...
Also, Fidelity automatically directs investors' cash in brokerage and retirement accounts into the highest earning cash sweep choice, typically a government money market fund, so customers can benefit from higher rates. Customer support options (includes how easy it is...
Fidelity launches 403(b) plans offered to government, nonprofit organizations, and educational institutions. 1977 Edward C. Johnson 3d becomes chairman and CEO of FMR Corp. 1975 Fidelity offers its first individual retirement account (IRA) a year after passage of the Employee Retirement Income Secu...
A money market fund is not a bank account, and seeks to preserve a $1.00 value per share, but it is not insured or guaranteed by the FDIC or any other government agency. It allows unlimited withdrawals, making it flexible, plus yields may edge slightly higher than rates on money market ...
While it was welcome news that Fidelity now allows theFidelity Government Money Market Fund (SPAXX) as a core positionfor their Cash Management Account as of June 2024, for many of us that reside in states with high state income tax rates, our net after-tax yield would still be much b...
Money MarketMortgageHigh YieldCorporateGovernment Bond DurationLeveraged BondInverse BondBond Sector DiversifiedLong-Short Municipal ›› CaliforniaNew YorkHigh Yield Muni View All MunicipalMunicipal Bonds Channel Corporate ›› Investment-gradeBank loan ...
and the Government National Mortgage Association, can also issue bonds. These are known as mortgage-backed securities (MBS). For exposure to these bonds, Fidelity offers FMSFX at a 0.44% expense ratio. This ETF reserves 80% of its portfolio for investment-grade, pass-through MBS and ...
Money MarketMortgageHigh YieldCorporateGovernment Bond DurationLeveraged BondInverse BondBond Sector DiversifiedLong-Short Municipal ›› CaliforniaNew YorkHigh Yield Muni View All MunicipalMunicipal Bonds Channel Corporate ›› Investment-gradeBank loan ...
Daily Market Research Reports Offered Yes YesAccount and Research Amenities Verdict: Fidelity Here again, Fidelity takes the category because it appeals to more types of investors than Vanguard does and has more offerings aimed at this broader group. Vanguard...
There is a cash management option available through Fidelity Go. Cash that is not invested in your account is automatically swept into the Fidelity Government Cash Reserves fund. This has the potential to offer a higher return compared to being swept into a bank deposit account. In the current...