Below you can find continuously updated views of the portfolio's daily and weekly liquid asset levels, its net asset value (NAV), and asset flows into and out of the portfolio. Together, these graphs provide insights on the portfolio's resilience during periods of heightened risk in the money market, and are the focus of government policies designed to maintain market stability.
Daily and weekly liquid assets as of
This graph displays the percentage of the fund's total assets invested in daily and weekly liquid assets as of the end of each business day during the
preceding six months. The fund is required to invest at least 10% of its total assets in daily liquid assets and at least 30% of its total assets in weekly
liquid assets. Daily liquid assets include cash, direct obligations of the U.S. government, securities that will mature or are subject to a demand feature
that is exercisable and payable within one business day, and receivables scheduled to be paid within one business day. Weekly liquid assets include
daily liquid assets, government agency discount notes with remaining maturities of 60 days or less, securities that will mature or are subject to a
demand feature that is exercisable and payable within five business days, and receivables scheduled to be paid within five business days.
Fluctuating net asset value as of
This graph displays the fund's daily net asset value (NAV) per share during the preceding six months as if it were calculated using the market value of the
fund's portfolio as of the end of each business day during that period.
The market-value or "shadow" net asset value per share shown below for a given day may differ from the official NAV used for transactions in fund shares.
The official NAV is shown on the "Highlights" tab. The shadow net asset value per share shown below does not reflect the application of the amortized cost
method of valuing fund portfolio holdings, which normally allows the fund to maintain an official NAV of $1.00 per share. When a shareholder buys or
redeems fund shares, the official NAV would be used as the net asset value per share.
Daily net asset flows as of
This graph displays the dollar amount of net shareholder inflows or outflows of the fund as of the end of each business day during the preceding six months.
Consider these risks before investing: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment
at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other
government agency . The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide
financial support to the Fund at any time.