What share price do government and retail money market funds try to hold?

1. A money market fund is a type of mutual fund holding high-quality, short-term investments. 2. Government and retail money market funds try to keep their NAV stable at $1.00 per share. 3. The NAV may still fall below $1.00 if the fund's investments perform poorly, so the price is a target and not a guarantee. 4. Other money market funds carry a floating NAV that moves with the market value of their portfolio securities. _Source: US SEC Office of Investor Education and Advocacy, "Mutual Funds and ETFs: A Guide for Investors", section Money Market Funds_