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Learn more about mutual funds at fidelity.com. Check out fidelity government mmkt via our interactive chart to view the latest changes in value and identify key financial events to make the best decisions. Spaxx is a fund that invests in u.s
Government securities and seeks to provide current income and preserve capital We're always happy to help. Users ask and answer questions about the meaning and calculation of spaxx 7 day yield, a money market fund that pays interest monthly
Learn how the yield is based on the average income return over the previous seven days and how it affects your account balance.
Keep in mind you do not need to have funds in spaxx or other money market funds for the entire month to receive a payout. Find out the current yield, return calculator, and investment ideas for your sideline money. How much can i earn with spaxx As of september 2023, the yield for spaxx is 4.98%
As for how much you can earn with it, check out the example below If you have $50,000 in your spaxx core position, it could earn about $2,450/yr or $204/month. It is the fund's total income net of expenses, divided by the total number of outstanding shares, and includes any applicable waiver or reimbursement
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