I hold my core position in SPAXX. It pays some nominal dividend. I am hoping the dividend will slightly go up as interest rates rise.
https://www.inspiretofire.com/spaxx-vs-fzfxx/
But I read the above article which shows the core position is held in short term US treasuries.
After the SVB collapse, I was wondering if a similar issue can happen with the sudden rise in interest rates. Will these short term securities be under water and suddenly people's core position is no longer of the same value as it once was?
submitted by /u/ballasow
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