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 ...
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.* ...
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...
This is a positive development for those that use the Fidelity CMA, especially if your state doesn’t have income taxes on investment interest that create an incentive to hold money market funds with mostly interest from Treasury bonds. If you do live in such a state, you should know that ...