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FDRXX Fidelity® Government Cash Reserves

  • Fund
  • FDRXX
  • Price as of: Oct 15, 2018
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

FDRXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.6%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $133 B
  • Holdings in Top 10 71.1%

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)

$0

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.6%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.50%
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% -2.8% 958.0% 0.99% 4
1 Yr 1.2% -1.2% 1.8% 21.96% 2
3 Yr 0.6% * -53.6% 1.6% 28.93% 2
5 Yr 0.3% * 0.0% 2.9% 29.66% 2
10 Yr 0.3% * 0.0% 3.9% 34.77% 2

* Annualized


Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -99.7% 2.1% 0.36% 4
2016 N/A -100.0% 9900.0% N/A N/A
2015 N/A -100.0% 0.4% N/A N/A
2014 N/A 0.0% 900.1% N/A N/A
2013 N/A -4.5% 0.0% N/A N/A

Total Return Ranking - Trailing

Period FDRXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 9900.0% 1.00% 4
1 Yr 1.2% -5.5% 1.8% 21.96% 2
3 Yr 0.6% * -1.8% 1.6% 29.15% 2
5 Yr 0.3% * -1.1% 2.9% 29.66% 2
10 Yr 0.3% * -0.5% 3.9% 34.77% 2

* Annualized


Total Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 N/A -100.0% 2.1% N/A N/A
2016 N/A -100.0% 4900.0% N/A N/A
2015 N/A -100.0% 2.6% N/A N/A
2014 N/A 0.0% 900.1% N/A N/A
2013 N/A -4.6% 0.0% N/A N/A

NAV & Total Return History

FDRXX - Holdings

Filings data as of: May 31, 2018

Concentration Analysis

FDRXX Category Low Category High FDRXX % Rank Quintile
Net Assets 133 B 500 K 145 B 0.24% 1
Number of Holdings 171 1 1179 4.13% 1
Net Assets in Top 10 92.6 B 2.69 M 92.6 B 0.08% 1
Weighting of Top 10 71.1% 5.2% 100.5% 7.62% 2

Top 10 Holdings

  1. Federal Home Loan Bank1.52% To 2.21% 42.32%
  2. U.S. Treasury Bills1.49% To 2.10% 8.27%
  3. In A Joint Trading Account At 1.79% Dated 5/31/18 Due 6/1/18 Collateralized 5.45%
  4. Fixed Income Clearing Corp. - Bnym At: 1.78%, Dated 5/31/18 Due 6/1/18 (Col 4.85%
  5. U.S. Treasury Notes1.69% To 2.04% 2.35%
  6. Fixed Income Clearing Corp. - Bnym At: 1.79%, Dated 5/31/18 Due 6/1/18 (Col 2.01%
  7. Nomura Securities International, Inc. At 1.73%, Dated 5/30/18 Due 6/6/18 (C 1.89%
  8. Nomura Securities International, Inc. At 1.74%, Dated 5/29/18 Due 6/5/18 (C 1.46%
  9. Commerz Markets Llc At: 1.8%, Dated 5/31/18 Due 6/1/18 (Collateralized By U 1.31%
  10. Mizuho Securities U.S.A., Inc. At: 1.78%, Dated 5/31/18 Due 6/1/18 (Collate 1.13%

Asset Allocation

Weighting Category Low Category High FDRXX % Rank Quintile
Bonds
53.23% 0.00% 100.00% 9.48% 2
Cash
47.57% 0.00% 101.70% 27.54% 4
Stocks
0.00% 0.00% 3.57% 0.95% 4
Preferred Stocks
0.00% 0.00% 6.43% 0.71% 4
Convertible Bonds
0.00% 0.00% 1.12% 0.40% 4
Other
-0.81% -12.63% 100.00% 12.38% 5

Bond Sector Breakdown

Weighting Category Low Category High FDRXX % Rank Quintile
Cash & Equivalents
47.57% 0.00% 101.70% 27.38% 4
Securitized
42.61% 0.00% 51.10% 0.32% 1
Government
10.62% 0.00% 99.94% 11.03% 2
Derivative
0.00% 0.00% 1.15% 0.56% 4
Corporate
0.00% 0.00% 92.58% 9.68% 4
Municipal
0.00% 0.00% 100.00% 18.10% 5

Bond Geographic Breakdown

Weighting Category Low Category High FDRXX % Rank Quintile
US
53.23% 0.00% 100.00% 9.52% 2
Non US
0.00% 0.00% 7.46% 3.10% 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% 11.15% 2
Management Fee 0.17% 0.00% 0.60% 2.92% 3
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% 1.00% 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% 6.32% 3

FDRXX - Distributions

Dividend Yield Analysis

FDRXX Category Low Category High FDRXX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.29% 1.10% 2

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 0.50% -0.23% 2.38% 6.88% 2

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

11.68

Tenure Rank

13.4%

Team Managed


Tenure Analysis

Category Low

0.0

Category High

43.0

Category Average

12.7

Category Mode

3.8