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SPAXX Fidelity® Government MMkt

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

SPAXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $56.9 B
  • Holdings in Top 10 89.7%

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 0.0%
  • 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 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 the fund's 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% -98.0% 2.0% 0.35% 2
1 Yr 0.0% 0.0% 5.6% 39.70% 3
3 Yr 0.0% * 0.0% 5.1% 37.03% 4
5 Yr 0.0% * 0.0% 4.6% 35.31% 4
10 Yr 1.0% * 0.4% 4.4% 25.21% 2

* Annualized


Return Ranking - Calendar

Period SPAXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.0% -99.0% 501500.0% 0.89% 1
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 SPAXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 2.0% 0.79% 1
1 Yr 0.0% -5.7% 5.6% 39.40% 3
3 Yr 0.0% * -1.9% 5.1% 36.84% 3
5 Yr 0.0% * -1.2% 4.6% 35.31% 4
10 Yr 1.0% * -0.1% 4.4% 25.21% 2

* Annualized


Total Return Ranking - Calendar

Period SPAXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.0% -100.0% 0.4% 0.32% 1
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

SPAXX - Holdings

Filings data as of: Apr 30, 2016

Concentration Analysis

SPAXX Category Low Category High SPAXX % Rank Quintile
Net Assets 56.9 B 500 K 134 B 0.95% 1
Number of Holdings 56 1 1161 11.38% 3
Net Assets in Top 10 47.7 B 5.17 M 113 B 0.16% 1
Weighting of Top 10 89.7% 5.2% 109.4% 2.88% 1

Top 10 Holdings

  1. Federal Home Loan Bank5/2/16 To 11/2/17, 0.34 To 0.60% 69.80%
  2. In A Joint Trading Account At:0.3% Dated 4/29/16 Due 5/2/16 (Collateralized 7.92%
  3. Freddie Mac6/14/16 To 3/9/17, 0.38 To 0.75% 2.86%
  4. U.S. Treasury Bills9/15/16 To 10/27/16, 0.40 To 0.51% 2.71%
  5. Commerz Markets Llc At 0.39%, Dated 4/29/16 Due 5/2/16 (Collateralized By U 1.49%
  6. U.S. Treasury Notes5/31/16 To 8/31/16, 0.30 To 0.47% 1.21%
  7. Federal Farm Credit Bank5/2/16 To 2/10/17, 0.39 To 0.46% 1.17%
  8. Mizuho Securities U.S.A., Inc. At:0.31%, Dated 4/29/16 Due:5/2/16 (Collater 0.93%
  9. Mizuho Securities U.S.A., Inc. At:0.31%, Dated 4/29/16 Due:5/6/16 (Collater 0.93%
  10. Citibank Na At:0.31%, Dated 4/26/16 Due 5/3/16 (Collateralized By U.S. Trea 0.62%

Asset Allocation

Weighting Category Low Category High SPAXX % Rank Quintile
Bonds
69.80% 0.00% 100.00% 7.51% 1
Cash
30.13% 0.00% 140.12% 22.60% 5
Other
0.07% -40.65% 100.00% 7.13% 2
Convertible Bonds
0.00% 0.00% 0.00% 0.08% 1
Preferred Stocks
0.00% 0.00% 6.43% 0.40% 1
Stocks
0.00% 0.00% 0.00% 0.08% 1

Bond Sector Breakdown

Weighting Category Low Category High SPAXX % Rank Quintile
Securitized
69.80% 0.00% 75.02% 0.32% 1
Cash & Equivalents
30.13% 0.00% 140.12% 23.08% 5
Derivative
0.00% 0.00% 1.15% 0.16% 1
Corporate
0.00% 0.00% 26.37% 7.61% 2
Municipal
0.00% 0.00% 100.00% 16.35% 3
Government
0.00% 0.00% 48.26% 11.78% 3

Bond Geographic Breakdown

Weighting Category Low Category High SPAXX % Rank Quintile
US
69.80% 0.00% 100.00% 7.61% 1
Non US
0.00% 0.00% 7.46% 1.20% 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% 10.28% 2
Management Fee 0.25% 0.00% 0.60% 2.29% 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

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% 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.

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% 0.96% 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 0.01% -0.23% 2.25% 2.47% 2

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

9.01

Tenure Rank

14.2%

Team Managed


Tenure Analysis

Category Low

0.1

Category High

40.8

Category Average

11.6

Category Mode

1.6