Spaxx fidelity government money market - The Fidelity Government Money Market (SPAXX) money market fund is one of the default funds for your cash core position. Every Brokerage account has a cash core position. The core position receives all deposits, including trade proceeds, and is also where all withdrawals and payments for trades are deducted.

 
An international capital market is a financial system by which governments, companies and individuals borrow and invest money trans-nationally. It is comparable to a capital market, which enables government entities, companies and individua.... Mymd pharmaceuticals

Analyze the Fund Fidelity ® Government Money Market Fund Premium Class having Symbol FZCXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.Fidelity Government Money Market Fund (SPAXX) Fidelity launched the Fidelity Government Money Market Fund (SPAXX) in 1990, and boasts $267.99 billion in total net assets as of May...The purpose of a core position is to hold all uninvested cash and process cash transactions within your Brokerage account. These transactions are processed automatically without having to sell your core. For example, if you hold $100 in the Fidelity Government Money Market Fund (SPAXX), you can enter a buy order for $100 of your desired ETF.If your cash balance exceeds FDIC insurance limits ($250,000 per person per account), it will be deposited in the Fidelity Government Money Market Fund Class S ( FZSXX) instead. The minimum to invest in FZSXX is $100,000. FZSXX has slightly riskier investments than SPAXX with a slightly higher expense ratio. If you look at the fund's info page ... Jan 21, 2022 · SPAXX: One of the most popular money market funds. Money from newly opened Fidelity accounts will be placed into SPAXX automatically. The fund has an expense ratio of 0.42% and an interest rate of 1.25%. FDIC Insured Deposit Sweep: Your uninvested cash will be put into an actual bank where the funds are FDIC-insured, up to $1M (million). The Fidelity Government Money Market Fund (SPAXX) is a money market fund that pays accrued daily interest on the last business day of each month. This is referenced as the 7-day yield which is defined as the average income return over the previous seven days, assuming the rate stays the same for one year. It is the Fund's total income net of ...1. AhunkAhunk. • 9 mo. ago. SPAXX is a government money market fund, and income from bonds issued by the federal government (incl treasuries) is generally exempt from state and local taxes. A typical high yield savings account would not have this advantage (nor would general non-government money market funds), although their rates (and then ... The Fidelity Government Money Market (SPAXX) mutual fund is a core account. Every Brokerage account has a core. The core account receives all deposits, including trade proceeds, and is also where all withdrawals and payments for trades are deducted. Trades are paid for on settlement which is when the funds are removed from the core account, in ...Government sales have always been a lucrative market for businesses, but in recent years, the landscape has been rapidly evolving. Technological advancements are revolutionizing the way governments operate and procure goods and services.Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. 03‏/06‏/2023 ... Monthly Dividend Income (May 2023) From SPAXX Money Market Fund. Completely passive income from your cash accounts!Show Funds. SPAXX | A complete Fidelity Government Money Market Fund mutual fund overview by MarketWatch. View mutual fund news, mutual fund market and mutual fund …WebFirst up, Fidelity Government Money Market Fund (SPAXX) is a money market mutual fund. This is often the core position of non-retirement brokerage accounts here at Fidelity, which sounds like the case in your situation. SPAXX is not necessarily a traditional mutual fund. If you need some extra literature about the ins and outs of money markets ...Historical stock closing prices for Fidelity® Government Money Market Fund Other (SPAXX). See each day's opening price, high, low, close, volume, and change %.Dec 14, 2019 · Fidelity Money Market Funds: Ticker: Minimum Investment: Net Expense Ratio* 7-Day Yield* Fidelity Government Cash Reserves: FDRXX: $0: 0.38%: 1.34%: Fidelity Government Money Market Fund: SPAXX: $0: 0.42%: 1.27%: Fidelity Treasury Money Market Fund: FZFXX: $0: 0.42%: 1.27%: Fidelity Treasury Only Money Market Fund: FDLXX: $0: 0.42%: 1.28% ... 4.85% money market fund vs 4.45% in a high-yield savings account - what's better and/ or safer? Which money market fund might be best for you at Fidelity, Sc...Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. ... Fidelity ® Government Money Market Fund. 4.29%: 1.59%: 1.47%: 0.89%: 2.59%: PRIMARY BENCHMARK. FTSE 3-Mo Treasury …A regional government is a government entity that only has control on their specific small area. This type of government allows officials to combine their tax dollars to spend money more efficiently for the greater good of the entire area.Performance charts for Fidelity Government Money Market Fund (SPAXX - Type MMF) including intraday, historical and comparison charts, technical analysis and …WebIf you’re a collector or investor in rare coins, the US Mint is a reputable source for quality products. However, with prices that can be steep, finding ways to save money is always a good idea. One way to do so is by using US Mint Gov prom...Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.Fidelity Government Money Market Fund - Capital Reserves Class Symbol. FZAXX CUSIP. 31617H508 Fund # 2739 ... Get access to regulatory documents for Fidelity Money Market Funds below. If you require any other information about a Fidelity fund or product, please contact your financial advisor. ... 31617H102 SPAXX 00458: Full (06/29/2023) …24‏/10‏/2022 ... ​79% yield. Its government-​backed fund, Fidelity Government Money Market (​SPAXX), yields 2.​58%. For investors in a high tax-​bracket, ...Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. You can view the research page and prospectus link for Fidelity Government Money Market Fund (SPAXX) by entering the symbol in the "Search or get a quote" box on Fidelity.com. In the fund’s prospectus, the section titled “Principal Investment Strategies” indicates: “Normally investing at least 99.5% of total assets in cash, U.S ...SPAXX Performance - Review the performance history of the Fidelity® Government MMkt fund to see it's current status, yearly returns, and dividend history.WebVMFXX 3.75% Vanguard Federal Money Market Fund. SPAXX 3.3% Fidelity® Government Money Market Fund. SPRXX 3.7% Fidelity® Money Market Fund. FDRXX 3.3% Fidelity® Government Cash Reserves. FZDXX 3.8% Fidelity® Money Market Fund Premium Class. FDLXX 3.3% Fidelity® Treasury Only Money Market Fund. FZFXX …The Fidelity Government Money Market Fund (SPAXX) is one of our interest-bearing “core position” options. Deposits and proceeds from trades will be held in the core position and are generally available immediately for trading. The core is used to hold uninvested cash and process cash transactions, such as withdrawals or purchases of ...An international capital market is a financial system by which governments, companies and individuals borrow and invest money trans-nationally. It is comparable to a capital market, which enables government entities, companies and individua...Fidelity launched the Fidelity Government Money Market Fund in 1990, and boasts $219.95 billion in total assets as of May 2021, making it one of the most widely held funds in this category. Similar to the American Century Capital Preservation Fund, SPAXX strives to usher in high-yield returns, with high liquidity, and an emphasis on …The Fidelity Government Money Market (SPAXX) is a money market mutual fund offered as a default core position. An expense ratio, while similar to a fee, is the percentage of assets paid to run a fund. Funds typically pay their regular and recurring fund-wide operating expenses out of fund assets, rather than by imposing separate fees and ...Strategy. The Adviser normally invests at least 99.5% of the fund's total assets in cash, U.S. Government securities and/or repurchase agreements that are collateralized fully (i.e., collateralized by cash or government securities). Certain issuers of U.S. Government securities are sponsored or chartered by Congress but their securities are ... Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. Browse our money market fund lineup. Menu. Contact Us. ... 31617H102 SPAXX 00458 458 Fidelity Government Money Market Fund Symbol SPAXX CUSIP ... Fidelity Government Money Market Fund - Capital Reserves Class Symbol FZAXX CUSIP 31617H508 Fund # 2739 12/01/2023 ...JoMoney wrote: ↑ Tue Apr 26, 2022 1:20 pm FDRXX = Fidelity® Government Cash Reserves SPAXX = Fidelity® Government Money Market Fund In my IRA brokerage accounts, Fidelity lets me choose between these as core settlement funds. They say there may be other options available if I contact them, but for the time being I haven't bothered to do that.The Securities Investor Protection Corporation (SIPC) is a nonprofit organization that protects stocks, bonds, and other securities in case a brokerage firm goes bankrupt and assets are missing. The Fidelity® Government Money Market Fund (SPAXX) is a money market fund, which is a type of security.That’s a government organization that basically guarantees your money will be paid back to you if the bank holding it goes out of business. (They actually insure up to $250,000 per account). So with the FDIC-Insured Deposit Sweep Program, Fidelity basically shuffles your money off to real actual bank accounts that are insured by the FDIC ...Strategy. The Adviser normally invests at least 99.5% of the fund's total assets in cash, U.S. Government securities and/or repurchase agreements that are collateralized fully (i.e., collateralized by cash or government securities). Certain issuers of U.S. Government securities are sponsored or chartered by Congress but their securities are ... Fund Description. Normally investing at least 99.5% of total assets in cash, U.S. Government securities and/or repurchase agreements that are collateralized fully (i.e., collateralized by cash or government securities).Created in 1990, Fidelity Government Money Market Fund (SPAXX) is among the global government money market funds. SPAXX boasts $219.95 billion in total assets, making it one of the most widely held money market funds. As a result, it's one of the perfect investments for investors that seek a broad range of investments.Money market funds are fixed-income mutual funds that invest in debt securities characterized by short maturities and minimal credit risk. While these investments are usually less volatile, and the Fidelity Government Money Market Fund (SPAXX) has never fallen below a $1.00 Net Asset Value (NAV), these investments still carry certain risks.I am thinking of moving this money to Fidelity's SPAXX money market fund for the following reasons: 1. SPAXX currently has a 7 day yield of 3.68% vs 3.00% for Marcus ... SPAXX ("Fidelity Government Money Market Fund") gets its income from a variety of bonds, not all of which are "government securities" that might be exempt from …Do Not Sell or Share My Personal Information. This is for persons in the US only. Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.Historical stock closing prices for Fidelity® Government Money Market Fund Other (SPAXX). See each day's opening price, high, low, close, volume, and change %.Fidelity Government Money Market Fund (SPAXX), a taxable money market mutual fund investing in U.S. Government Agency and Treasury debt, 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. 1,2.Fidelity Government Money Market Fund (SPAXX), a taxable money market mutual fund investing in U.S. Government Agency and Treasury debt, 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. 1,2. 30‏/05‏/2023 ... ... Money Market Funds | Fidelity SPAXX, Schwab SNVXX & Vanguard VMFXX Better Than Cash? FOLLOW ME: Instagram: @jjbuckner Twitter ...The Securities Investor Protection Corporation (SIPC) is a nonprofit organization that protects stocks, bonds, and other securities in case a brokerage firm goes bankrupt and assets are missing. The Fidelity® Government Money Market Fund (SPAXX) is a money market fund, which is a type of security.Analyze the Fund Fidelity ® Government Money Market Fund Premium Class having Symbol FZCXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type workplacefunds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.May 16, 2019 · Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. 1. AhunkAhunk. • 9 mo. ago. SPAXX is a government money market fund, and income from bonds issued by the federal government (incl treasuries) is generally exempt from state and local taxes. A typical high yield savings account would not have this advantage (nor would general non-government money market funds), although their rates (and then ... Browse our money market fund lineup. Menu. Contact Us. ... 31617H102 SPAXX 00458 458 Fidelity Government Money Market Fund Symbol SPAXX CUSIP ... Fidelity Government Money Market Fund - Capital Reserves Class Symbol FZAXX CUSIP 31617H508 Fund # 2739 12/01/2023 ...Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. 23‏/03‏/2023 ... core position options for my cash accounts. I found the SPAXX government money market ... Fidelity Money Market Fund Explained - Financial ...The Fidelity Government Money Market (SPAXX) money market fund is one of the default funds for your cash core position, available to all brokerage accounts. The core is used to hold uninvested cash and process cash transactions, such as withdrawals or purchases of investments. In other words, the money sitting in your SPAXX position is …When the Fidelity Government Money Market Fund (SPAXX) is the default core position, funds are directly deposited and all transactions, including posted interest, settle in and out of it. Other withdrawals and purchases may also contribute to a higher negative value.Fidelity Government Money Market Fund (SPAXX) Historical ETF Quotes - Nasdaq offers historical quotes & market activity data for US and global markets.Browse our money market fund lineup. Menu. ... 31617H102 SPAXX 00458 458 ... Fidelity Government Money Market Fund - Capital Reserves Class ...Fidelity Government Money Market Fund (SPAXX) The fund is typically 99.5% or more invested in cash or cash equivalents in the form of short-term U.S. government securities or repurchase agreements that are fully collateralized by cash or such securities. (Video) Fidelity Is Giving Out Monthly Payments! SPAXX vs FZFXX. Do Not Sell or Share My Personal Information. This is for persons in the US only. Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.Fidelity launched the Fidelity Government Money Market Fund in 1990, and boasts $219.95 billion in total assets as of May 2021, making it one of the most widely held funds in this category. Similar to the American Century Capital Preservation Fund, SPAXX strives to usher in high-yield returns, with high liquidity, and an emphasis on capital …On January 24, 2018, an initial offering of the Fidelity Government Money Market Fund - Class K6 took place. Returns and expenses prior to that date are those of the Fidelity Government Money Market Fund. Had Fidelity Government Money Market Fund - Class K6 class expenses been reflected in the returns shown, total returns would have been …Fidelity Government Money Market Fund (SPAXX) SPRXX is fairly safe and has withstood many market downturns, but its holding of commercial paper does add a higher degree of credit risk. Investors ...Fidelity Government Money Market Fund (SPAXX) is a money market mutual fund that seeks to maintain a stable net asset value (NAV) of $1.00. What you are describing is a money market fund "breaking the buck", which occurs when a government or retail money market fund drops below $1.00. Market conditions and other factors may cause a …800-343-3548. Chat with our. Virtual Assistant. 1. When you open a new Fidelity retail brokerage account, we automatically put your uninvested cash into the Fidelity Government Money Market Fund (unless you choose another option). The Fidelity fund yield is compared to: Schwab Default Sweep for the Schwab One Interest for retail and Bank Sweep ...Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. See fund information and historical performance for the Fidelity Government Money Market Fund (SPAXX). Check out our mutual fund lineup. SPAXX pays a 1.25% dividend yield, while FDIC pays 0.01%. To arrive at a conclusion for SPAXX vs FDIC, a pivotal point is that both SPAXX and FDIC are options to hold your uninvested cash with Fidelity. In a Fidelity Government Money Market Fund (SPAXX), your money is invested in a mutual fund and earns daily dividends paid to you monthly.2022. Click here for Fidelity Advisor mutual fund information. 1. Fidelity calculates and reports the portion of tax-exempt interest dividend. …. Show More. income that may be exempt from your state and/or local income tax for the state-specific funds in the “State/Local Tax-Exempt Income from Fidelity Funds” supplemental section of your ... A high-level overview of Fidelity® Government Money Market Fund Other (SPAXX) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.800-343-3548. Chat with our. Virtual Assistant. 1. When you open a new Fidelity retail brokerage account, we automatically put your uninvested cash into the Fidelity Government Money Market Fund (unless you choose another option). The Fidelity fund yield is compared to: Schwab Default Sweep for the Schwab One Interest for retail and Bank Sweep ... Fidelity Government Money Market Fund (SPAXX) – 4.19% ($100 min*) * The Fidelity fund does not have a minimum itself, but Ally has a $100 minimum order size for online mutual fund orders. I have gone into my Ally Invest account and manually tested all of the money market mutual funds listed above, and it let me put in the order at the …Interest earned for money market funds, like The Fidelity Government Money Market (SPAXX), accrues daily and is paid out on the last business day of each month. So, if a deposit is made into your core position it will begin earning interest on the date it's posted to your account. Keep in mind, interest rates for money market funds are referred ...See fund information and historical performance for the Fidelity Government Money Market Fund (SPAXX). Check out our mutual fund lineup.Then sprxx for no limit. Both over 1.9-2%. Fidelity is saying I need $10m. wow. go to Activity & Orders > History > Show > Dividends/Interest in the WebUI and you should see something one the lines of REINVESTMENT FIDELITY GOVERNMENT MONEY MARKET (SPAXX) (Cash) I got fidelity too.Learn how it impacts everything we do. SPAXX Performance - Review the performance history of the Fidelity® Government MMkt fund to see it's current status, yearly returns, and dividend history.Fidelity® Conservative Income Municipal Bond Fund: All Classes Fidelity Flex. SM . Conservative Income Municipal Bond Fund (FUEMX) Fidelity Flex. SM . Municipal Income Fund (FUENX) Fidelity® Intermediate Municipal Income Fund (FLTMX) Fidelity® Investments Money Market Tax Exempt Portfolio: All Classes. Alabama 1.36% 1.75% …An international capital market is a financial system by which governments, companies and individuals borrow and invest money trans-nationally. It is comparable to a capital market, which enables government entities, companies and individua...Fidelity® Government Money Market Fund 1.47% 0.41% 0.24% Investment Adviser Fidelity Management & Research Company (FMR) (the Adviser) is the fund’s manager. Fidelity Investments Money Management, Inc. (FIMM) and other investment advisers serve as sub-advisers for the fund. Purchase and Sale of Shares You may buy or sell shares through aApply for financial assistance from the government after you determine what benefits you qualify for at benefits.gov. Use the Benefit Finder tool to match your situation to the relevant aid type.May 16, 2019 · Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. Fidelity® Investments Money Market Treasury Only Portfolio: All Classes Various 99.91% Fidelity® Investments Money Market Treasury Portfolio: All Classes* Various 77.70% Fidelity® Limited Term Bond Fund* FJRLX 6.00% Fidelity® Limited Term Government Fund FFXSX 79.74% Fidelity® Long-Term Treasury Bond Index Fund FNBGX 99.97% …Performance charts for Fidelity Government Money Market Fund (SPAXX - Type MMF) including intraday, historical and comparison charts, technical analysis and trend lines.Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.Fidelity Government Money Market Fund (SPAXX) The fund is typically 99.5% or more invested in cash or cash equivalents in the form of short-term U.S. government securities or repurchase agreements that are fully collateralized by cash or such securities. (Video) Fidelity Is Giving Out Monthly Payments! SPAXX vs FZFXX.May 26, 2023 · Key takeaways. Fidelity Government Money Market Fund (SPAXX) * is well positioned in light of the debt-ceiling debate. The majority of investments are in overnight repurchase agreements to provide additional liquidity for the fund. Fidelity’s money market funds continue to provide safety and liquidity while offering competitive yields. The government job market is highly competitive and requires a specific set of skills and qualifications. Applying for a government job can be an intimidating process, but with the right preparation and guidance, you can make the process ea...Show Funds. SPAXX | A complete Fidelity Government Money Market Fund mutual fund overview by MarketWatch. View mutual fund news, mutual fund market and mutual fund …Web

Consistent with federal regulations, money market mutual funds (including the Fidelity® Government Money Market Fund, whose symbol is SPAXX; or Fidelity Government Cash Reserves, FDRXX)* invest in debt securities with short maturities and minimal credit risk. Fidelity’s money market funds seek to provide security and safety for our customers .... Sofi brokerage

spaxx fidelity government money market

Fidelity Money Market Fund (SPRXX) 0.42%: 5.1%: Schwab Value Advantage Money Fund ... This fund is fairly similar to VMFXX given that it is also classified as a government money market …FDRXX – Fidelity Government Cash Reserves. Like SPAXX, FDRXX is another U.S. government money market fund. For all intents and purposes, it is basically an older version of SPAXX. Their holdings are nearly identical and they have the same yield and the same historical returns. FDRXX launched in 1979 and has a fee of 0.27% and a …Strategy. The Adviser normally invests at least 99.5% of the fund's total assets in cash, U.S. Government securities and/or repurchase agreements that are collateralized fully (i.e., collateralized by cash or government securities). Certain issuers of U.S. Government securities are sponsored or chartered by Congress but their securities are ... Mar 20, 2023 · Created in 1990, Fidelity Government Money Market Fund (SPAXX) is among the global government money market funds. Fidelity's SPAXX boasts $219 billion in total assets, making it one of the most widely held money market funds. SPAXX is very similar to the American Century Capital Preservation Fund in its mission. SPAXX aims to provide investors ... Fidelity Government Money Market Fund (SPAXX) AUM: $290 billion The Fidelity Government Money Market Fund is a low-risk fund that gives investors exposure to short-term U.S. debt.Fidelity Government Money Market Fund. SPAXX. 4.98%. 0.42% *Data as of November 2nd, 2023. Investing in MMFs requires regular monitoring. Keep an eye on market interest rates and economic indicators, as they directly affect MMF returns. Also, watch for shifts in fund management strategies and market regulations, which can …Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com. The Fidelity Government Money Market (SPAXX) money market fund is one of the default funds for your cash core position, available to all brokerage accounts. The core is used to hold uninvested cash and process cash transactions, such as withdrawals or purchases of investments. In other words, the money sitting in your SPAXX position is …The current interest rate for SPAXX, FDRXX, and other Fidelity money markets can be found on Fidelity’s money market page. SPAXX & FDRXX Details. The expense ratio is .42% for SPAXX and .40% for FDRXX. This .02% difference may account for most of the .03% annualized performance difference. Neither fund charges a load or …Thanks for your Fidelity Government Money Market Fund (SPAXX) question, u/joerover34. I am happy to help this morning. SPAXX is a money market fund that pays accrued interest on the last business day of each month. No additional action needs to be taken for the interest to pay to your account.Get access to regulatory documents for Fidelity Money Market Funds below. If you require any other information about a Fidelity fund or product, please contact your financial advisor. ... 31617H102 SPAXX 00458: Full (06/29/2023) Summary (06/29/2023) Annual (06/29/2023) Semi-Annual ... Fidelity Government Money Market Fund - Capital Reserves ...Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type mutual-funds and perform research on other mutual funds. Learn more about mutual funds at fidelity.com.1. AhunkAhunk. • 9 mo. ago. SPAXX is a government money market fund, and income from bonds issued by the federal government (incl treasuries) is generally exempt from state and local taxes. A typical high yield savings account would not have this advantage (nor would general non-government money market funds), although their rates (and then ....

Popular Topics