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 ...
rate used is the 90-day treasury bill rate. standard deviation is a statistical measurement of the dispersion of a fund's return over a specified time period. fidelity calculates standard deviations by comparing a fund's monthly returns to its average monthly return over a 36-month period, and...
both headline and core inflation have remained above 3% in 2024. nominal 10-year treasury bond yields ticked modestly higher during the quarter, rising sharply in april then moderating in may and june. as is typical during a late-cycle expansion, the yield curve remains inverted...
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...
(SPAXX) in the core position. Some people prefer to buy Fidelity Treasury Only Money Market Fund (FDLXX), which had a 4.93% 7-day yield as of June 19, 2024 but more of the income is exempt from state income taxes. None of these funds can be set as the default core position but ...
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 eligible Treasury ...
bloomberg performance review detailed fund attribution relative to benchmark strategy: sector allocation market environment for the quarter, returns were muted across major segments of the bond market. credit-sensitive sectors generally outpaced u.s. treasurys, with two notable exceptions: u.s. ...