FZFXX is also a taxable money market mutual fund but invests in U.S. Treasury securities plus related repurchase agreements. Other than that, it is quite similar to SPAXX, and FZFXX's average annual return over three years and gross expense ratio were the same as SPAXX. Both are very l...
Fidelity Treasury Fund (FZFXX), a taxable money market mutual fund investing in U.S. Treasury securities and related repurchase agreements. Intended for investors seeking as high a level of current income as is consistent with the preservation of capital and liquidity.1,3 Taxable Interest Bearing ...
4. You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares. An investment in the fund is not a bank ac...
and intermediate-maturity corporates, with a particular overweight in financials, especially large money-center banks, given their solid balance sheets. we are also underweight agency mortgage-backed securities in favor of what we see as better opportunities elsewhere. of final note, the fund's durat...
Money Market Fund (SPAXX) nor Fidelity® Treasury Money Market Fund (FZFXX) met the minimum investment inU.S. government securitiesrequired to exempt the distribution from tax in California, Connecticut, and New York. (Despite having Treasury in the name, FZFXX only had about 20% in ...