Low-volatility NAV

Money market funds.

(LVNAV).

Low-volatility Net Asset Value.

Money Market Fund (MMF) reforms in 2019 replaced [prime] constant net asset value (CNAV) funds with two new categories:

- the Public Debt CNAV fund, and

- the low-volatility NAV (LNAV) fund.

See also

• Constant net asset value
• Money market fund
• Money Market Funds Regulation
• Net asset value
• Prime
• Public Debt CNAV
• Rating agencies
• Variable net asset value
• Volatility