My 401 K dropped close to 20% because of an "Exchange Out" - Reddit

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New here. Just wanted to get some insight regarding my 401K from an old company I worked for back in the early 2010s. I've noticed as of lately, I had lost close to 20% of the total value of the fund due to an "FIMM Govt Inst Exchange Out". I'm not clear on what this means.


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