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FDRXX Fidelity® Government Cash Reserves

  • Fund
  • FDRXX
  • Price as of: Aug 08, 2016
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

FDRXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $127 B
  • Holdings in Top 10 91.9%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.37%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Money Market
  • Fund Type Money Market Fund
  • Investment Style Money Market-Taxable

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Fidelity® Government Cash Reserves
  • Fund Family Name Fidelity Investments
  • Inception Date May 10, 1979
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Management Team

Fund Description

The Fidelity Cash Reserves Fund (FDRXX) is a low-cost, actively managed fund that seeks to manage liquidity while still providing a high level of income. The fund invests in a variety of both domestic and foreign U.S. dollar-denominated money-market securities as well as various repurchase agreements. FDRXX holds no more than 25% of its portfolio in financials. The fund uses credit research to determine the best possible holdings for yield and safety of principal.

Given its low costs, FDRXX makes a perfect parking place for cash. The fund is managed by Fidelity.

FDRXX - Performance

Return Ranking - Trailing

Period FDRXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -98.0% 2.0% 0.35% 4
1 Yr 0.0% 0.0% 5.6% 32.65% 2
3 Yr 0.0% * 0.0% 5.1% 32.29% 3
5 Yr 0.0% * 0.0% 4.6% 31.03% 3
10 Yr 1.1% * 0.4% 4.4% 12.19% 1

* Annualized


Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.0% -99.0% 501500.0% 0.89% 4
2014 N/A 0.0% 0.0% N/A N/A
2013 N/A 0.0% 0.0% N/A N/A
2012 N/A 0.0% 0.0% N/A N/A
2011 N/A 0.0% 0.0% N/A N/A

Total Return Ranking - Trailing

Period FDRXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD N/A -100.0% 2.0% N/A N/A
1 Yr 0.0% -5.7% 5.6% 32.49% 2
3 Yr 0.0% * -1.9% 5.1% 32.10% 3
5 Yr 0.0% * -1.2% 4.6% 31.03% 3
10 Yr 1.1% * -0.1% 4.4% 12.19% 1

* Annualized


Total Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -100.0% -100.0% 0.4% 0.64% 5
2014 N/A 0.0% 0.0% N/A N/A
2013 N/A 0.0% 0.0% N/A N/A
2012 N/A 0.0% 0.0% N/A N/A
2011 N/A 0.0% 0.0% N/A N/A

NAV & Total Return History

FDRXX - Holdings

Filings data as of: Feb 29, 2016

Concentration Analysis

FDRXX Category Low Category High FDRXX % Rank Quintile
Net Assets 127 B 500 K 127 B 0.08% 1
Number of Holdings 50 1 1161 11.86% 4
Net Assets in Top 10 113 B 5.17 M 113 B 0.08% 1
Weighting of Top 10 91.9% 5.2% 109.4% 2.48% 1

Top 10 Holdings

  1. Federal Home Loan Bank 0.17 To 0.60 70.10%
  2. In A Joint Trading Account At 0.32% Dated 2/29/16 (Collateralized By U.S. G 11.71%
  3. Freddie Mac 0.37 To 0.75 4.77%
  4. U.S. Treasury Notes 0.28 To 0.38 1.42%
  5. Fannie Mae 0.45 To 0.49 0.80%
  6. Merrill Lynch, Pierce, Fenner & Smith At 0.36%, Dated 2/18/16 (Collateraliz 0.66%
  7. Citibank Na At: 0.33%, Dated 2/23/16 (Collateralized By U.S. Treasury Oblig 0.66%
  8. Wells Fargo Securities, Llc At: 0.33%, Dated 2/23/16 (Collateralized By U.S 0.66%
  9. Federal Farm Credit Bank 0.37 To 0.44 0.61%
  10. U.S. Treasury Bonds 0.38 To 0.39 0.50%

Asset Allocation

Weighting Category Low Category High FDRXX % Rank Quintile
Bonds
74.87% 0.00% 100.00% 6.48% 1
Cash
26.10% 0.00% 140.12% 23.48% 5
Stocks
0.00% 0.00% 0.00% 0.08% 4
Convertible Bonds
0.00% 0.00% 0.00% 0.08% 4
Preferred Stocks
0.00% 0.00% 6.43% 0.40% 4
Other
-0.97% -40.65% 100.00% 8.97% 5

Bond Sector Breakdown

Weighting Category Low Category High FDRXX % Rank Quintile
Securitized
74.87% 0.00% 75.02% 0.16% 1
Cash & Equivalents
26.10% 0.00% 140.12% 23.96% 5
Derivative
0.00% 0.00% 1.15% 0.16% 4
Corporate
0.00% 0.00% 26.37% 7.61% 4
Municipal
0.00% 0.00% 100.00% 16.35% 5
Government
0.00% 0.00% 48.26% 11.78% 5

Bond Geographic Breakdown

Weighting Category Low Category High FDRXX % Rank Quintile
US
74.87% 0.00% 100.00% 6.57% 1
Non US
0.00% 0.00% 7.46% 1.20% 4

FDRXX - Expenses

Operational Fees

FDRXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.37% 0.00% 83.73% 10.68% 2
Management Fee 0.17% 0.00% 0.60% 2.85% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.50% N/A N/A

Sales Fees

FDRXX Fees (% of AUM) Category Low Category High FDRXX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

FDRXX Fees (% of AUM) Category Low Category High FDRXX Rank Quintile
Max Redemption Fee N/A 0.25% 0.25% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FDRXX Fees (% of AUM) Category Low Category High FDRXX Rank Quintile
Turnover 0.00% 0.00% 1054.00% 7.79% 3

FDRXX - Distributions

Dividend Yield Analysis

FDRXX Category Low Category High FDRXX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.29% 0.96% 4

Dividend Distribution Analysis

FDRXX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FDRXX Category Low Category High FDRXX % Rank Quintile
Net Income Ratio 0.01% -0.23% 2.25% 2.47% 4

Capital Gain Distribution Analysis

FDRXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FDRXX - Managers

Management Team

Manager

Start Date

Jan 29, 2007

Tenure

9.42

Tenure Rank

13.3%

Team Managed


Tenure Analysis

Category Low

0.2

Category High

40.9

Category Average

11.6

Category Mode

1.6