Agency Floating-Rate Securities 20.69% U.S. Government Repurchase Agreements 46.21% Other Money Market Investments 0.00% Net Other Assets -2.14% Co-Manager Manager Tenure:since 05/01/2015 Co-Manager Manager Tenure:since 01/01/2020 Co-Manager ...
Interest Rate / Returns (May 2023) 4.74% 7-day yieldPast Performance:+2.72% 1 Yr+1.18% 5 Yrs+0.68% 10 Yrs Bank Deposits: 2.57% yieldFZSXX: same as SPAXX Tax Treatment Taxed as ordinary income unless held in a tax-advantaged retirement account. Taxed as ordinary income unless held ...
The 7-day yield of SPAXX is 4.95% as of 4/19/24, significantly higher than the 2.72% FDIC-insured sweep. Money market mutual funds are unable to offer FDIC insurance, but they are still heavily-regulated by the SEC to hold very conservative and liquid investments. “Government” money m...