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FDRXX Fidelity® Government Cash Reserves

  • Fund
  • FDRXX
  • Price as of: Dec 06, 2016
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

FDRXX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $134 B
  • Holdings in Top 10 88.6%

52 WEEK LOW AND HIGH

$1.00
$0.00
$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 N/A -100.0% 9900.0% N/A N/A
1 Yr 0.1% -1.8% 0.9% 32.89% 2
3 Yr 0.0% * 0.0% 2.8% 35.31% 3
5 Yr 0.0% * 0.0% 3.0% 33.83% 3
10 Yr 0.9% * -0.1% 3.5% 16.85% 1

* Annualized


Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 N/A -100.0% 0.4% N/A N/A
2014 N/A -100.0% 900.1% N/A N/A
2013 N/A -4.5% 0.0% N/A N/A
2012 N/A 0.0% 1.4% N/A N/A
2011 N/A 0.0% 6.1% 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% 4900.0% N/A N/A
1 Yr 0.1% -5.7% 1.4% 33.42% 2
3 Yr 0.0% * -1.9% 2.8% 35.21% 3
5 Yr 0.0% * -1.2% 3.0% 33.83% 3
10 Yr 0.9% * -0.1% 3.5% 16.85% 1

* Annualized


Total Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 N/A -100.0% 2.6% N/A N/A
2014 N/A -100.0% 900.1% N/A N/A
2013 N/A -4.6% 0.0% N/A N/A
2012 N/A 0.0% 3.5% N/A N/A
2011 N/A 0.0% 6.2% N/A N/A

NAV & Total Return History

FDRXX - Holdings

Filings data as of: Aug 31, 2016

Concentration Analysis

FDRXX Category Low Category High FDRXX % Rank Quintile
Net Assets 134 B 500 K 166 B 0.24% 1
Number of Holdings 69 1 919 9.54% 3
Net Assets in Top 10 116 B 5.17 M 116 B 0.08% 1
Weighting of Top 10 88.6% 5.2% 100.5% 3.21% 1

Top 10 Holdings

  1. Federal Home Loan Bank9/1/16 To 2/26/180.33% To 0.77% 53.91%
  2. U.S. Treasury Bills9/8/16 To 2/23/170.30% To 0.50% 9.30%
  3. In A Joint Trading Account At 0.34% Dated 8/31/16 Due 9/1/16 (Collateralize 8.93%
  4. Freddie Mac9/16/16 To 1/12/180.42% To 0.75% 6.53%
  5. U.S. Treasury Notes10/31/16 To 2/28/170.34% To 0.48% 2.74%
  6. Fannie Mae12/19/16 To 1/11/180.40% To 0.63% 2.16%
  7. Commerz Markets Llc At 0.5% Dated 8/31/16 Due 9/1/16: (Collateralized By U. 1.50%
  8. Nomura Securities International, Inc. At 0.38% Dated 8/29/16 Due 9/6/16 (Co 1.49%
  9. Bnp Paribas, S.A. At: 0.33% Dated: 7/6/16 Due 9/2/16 (Collateralized By U.S 1.10%
  10. Bnp Paribas, S.A. At: 0.37% Dated: 8/29/16 Due 9/7/16 (Collateralized By U. 0.93%

Asset Allocation

Weighting Category Low Category High FDRXX % Rank Quintile
Bonds
74.64% 0.00% 100.00% 7.83% 1
Cash
26.02% 0.00% 100.70% 27.80% 5
Stocks
0.00% 0.00% 4.41% 0.16% 4
Convertible Bonds
0.00% 0.00% 0.00% 0.08% 4
Preferred Stocks
0.00% 0.00% 6.43% 0.32% 4
Other
-0.66% -12.63% 100.00% 9.78% 5

Bond Sector Breakdown

Weighting Category Low Category High FDRXX % Rank Quintile
Securitized
62.60% 0.00% 69.45% 0.32% 1
Cash & Equivalents
26.02% 0.00% 100.70% 28.53% 5
Government
12.04% 0.00% 97.46% 10.42% 2
Corporate
0.00% 0.00% 22.65% 9.38% 4
Municipal
0.00% 0.00% 100.00% 18.03% 5
Derivative
0.00% 0.00% 1.15% 0.16% 4

Bond Geographic Breakdown

Weighting Category Low Category High FDRXX % Rank Quintile
US
74.64% 0.00% 100.00% 7.93% 1
Non US
0.00% 0.00% 7.46% 1.92% 4

FDRXX - Expenses

Operational Fees

FDRXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.37% 0.00% 137.84% 10.92% 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% 2.23% 3.51% 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

9.84

Tenure Rank

14.2%

Team Managed


Tenure Analysis

Category Low

0.2

Category High

41.2

Category Average

11.8

Category Mode

1.9