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SPAXX Fidelity® Government MMkt

  • Fund
  • SPAXX
  • Price as of: Jun 21, 2018
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

SPAXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.3%
  • 5 Yr Annualized Return 0.2%
  • Net Assets $104 B
  • Holdings in Top 10 78.6%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.42%

SALES FEES

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

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$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 0.3%
  • 5 Yr Annualized Total Return 0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Fidelity® Government Money Market Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Feb 05, 1990
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Management Team

Fund Description

The fund normally invests at least 99.5% of its total assets in cash, U.S. government securities and/or repurchase agreements that are collateralized fully (i.e., collateralized by cash or government securities). It normally invests at least 80% of its assets in U.S. government securities and repurchase agreements for those securities. The fund invests in U.S. government securities issued by entities that are chartered or sponsored by Congress, but whose securities are neither issued nor guaranteed by the U.S. Treasury.

SPAXX - Performance

Return Ranking - Trailing

Period SPAXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -1.4% 0.1% 0.41% 2
1 Yr 0.9% -0.7% 1.5% 28.62% 2
3 Yr 0.3% * 0.0% 2.1% 36.49% 2
5 Yr 0.2% * 0.0% 2.5% 34.85% 2
10 Yr 0.2% * 0.0% 3.7% 51.02% 3

* Annualized


Return Ranking - Calendar

Period SPAXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -99.7% 2.1% 0.36% 1
2016 0.0% -100.0% 9900.0% 0.53% 1
2015 0.0% -100.0% 0.4% 0.49% 1
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 SPAXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 9900.0% 1.00% 2
1 Yr 0.9% -5.6% 1.5% 28.37% 2
3 Yr 0.3% * -1.9% 2.1% 36.43% 2
5 Yr 0.2% * -1.1% 2.5% 34.65% 2
10 Yr 0.2% * -0.5% 3.7% 51.02% 3

* Annualized


Total Return Ranking - Calendar

Period SPAXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.0% -100.0% 2.1% 0.93% 1
2016 0.0% -100.0% 4900.0% 2.11% 2
2015 0.0% -100.0% 2.6% 1.60% 2
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

SPAXX - Holdings

Filings data as of: Jan 31, 2018

Concentration Analysis

SPAXX Category Low Category High SPAXX % Rank Quintile
Net Assets 104 B 500 K 157 B 0.47% 1
Number of Holdings 164 1 1093 4.44% 1
Net Assets in Top 10 81 B 2.91 M 105 B 0.16% 1
Weighting of Top 10 78.6% 5.2% 106.3% 5.87% 1

Top 10 Holdings

  1. Federal Home Loan Bank 1.02 To 1.59% 53.97%
  2. U.S. Treasury Bills 1.13 To 1.64% 13.12%
  3. In A Joint Trading Account At: 1.36% Dated 1/31/18 Due 2/1/18 (Collateraliz 3.09%
  4. Nomura Securities International, Inc. At 1.36%, Dated 1/31/18 Due 2/7/18 (C 1.91%
  5. U.S. Treasury Notes 1.14 To 1.61% 1.55%
  6. Nomura Securities International, Inc. At 1.33%, Dated 1/30/18 Due 2/6/18 (C 1.47%
  7. Commerz Markets Llc At: 1.4%, Dated: 1/31/18 Due 2/1/18 (Collateralized By 1.23%
  8. Sumitomo Mitsui Banking Corp. At 1.36%, Dated 1/31/18 Due 2/1/18 (Collatera 1.14%
  9. Deutsche Bank Ag At: 1.36%, Dated 1/31/18 Due 2/1/18 (Collateralized By U.S 0.56%
  10. Societe Generale At: 1.35%, Dated: 1/12/18 Due 2/7/18 (Collateralized By U. 0.55%

Asset Allocation

Weighting Category Low Category High SPAXX % Rank Quintile
Bonds
69.06% 0.00% 106.28% 8.14% 1
Cash
33.38% 0.00% 100.70% 28.49% 5
Stocks
0.00% 0.00% 3.36% 1.26% 2
Preferred Stocks
0.00% 0.00% 6.43% 0.40% 1
Convertible Bonds
0.00% 0.00% 1.12% 0.24% 1
Other
-2.44% -18.96% 100.00% 12.22% 5

Bond Sector Breakdown

Weighting Category Low Category High SPAXX % Rank Quintile
Corporate
53.97% 0.00% 53.97% 0.08% 1
Cash & Equivalents
33.38% 0.00% 100.70% 28.41% 5
Government
14.67% 0.00% 106.28% 9.84% 2
Securitized
0.43% 0.00% 51.10% 3.97% 1
Derivative
0.00% 0.00% 1.15% 0.56% 1
Municipal
0.00% 0.00% 100.00% 17.86% 3

Bond Geographic Breakdown

Weighting Category Low Category High SPAXX % Rank Quintile
US
69.06% 0.00% 106.28% 8.17% 1
Non US
0.00% 0.00% 7.46% 2.70% 2

SPAXX - Expenses

Operational Fees

SPAXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.42% 0.00% 83.73% 10.80% 2
Management Fee 0.25% 0.00% 0.60% 2.29% 4
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

SPAXX Fees (% of AUM) Category Low Category High SPAXX 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

SPAXX Fees (% of AUM) Category Low Category High SPAXX 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.

SPAXX Fees (% of AUM) Category Low Category High SPAXX Rank Quintile
Turnover N/A 0.00% 1054.00% N/A N/A

SPAXX - Distributions

Dividend Yield Analysis

SPAXX Category Low Category High SPAXX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.29% 1.05% 2

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

SPAXX Category Low Category High SPAXX % Rank Quintile
Net Income Ratio 0.14% -0.23% 2.38% 8.66% 3

Capital Gain Distribution Analysis

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

SPAXX - Managers

Management Team

Manager

Start Date

Jun 29, 2007

Tenure

10.93

Tenure Rank

14.6%

Team Managed


Tenure Analysis

Category Low

0.2

Category High

42.7

Category Average

12.5

Category Mode

0.1