FDRXX: Fidelity® Government Cash Reserves

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FDRXX Fidelity® Government Cash Reserves

  • Fund
  • FDRXX
  • Price as of: Oct 16, 2019
  • $1.00 - $0.00 - 0.00%
  • Primary Category
  • Uncategorized

FDRXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $152 B
  • Holdings in Top 10 69.7%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.38%

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

Fund Classification

PRIMARY CATEGORY

Uncategorized
  • 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 1.42%
DIVIDENDS
  • Dividend Yield 1.0%
  • 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 - Fund Company Quick Screens

FDRXX - Performance

Return Ranking - Trailing

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 9.65%
1 Yr 0.0% 0.0% 2.5% 27.93%
3 Yr 0.0%* 0.0% 1.7% 29.14%
5 Yr 0.0%* 0.0% 1.1% 28.09%
10 Yr 0.0%* -0.6% 1.4% 36.51%

* Annualized


Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% 0.0% 0.0% 9.60%
2017 0.0% 0.0% 0.0% 9.57%
2016 0.0% 0.0% 0.0% 9.48%
2015 0.0% 0.0% 0.0% 8.71%
2014 0.0% 0.0% 0.0% 8.71%

Total Return Ranking - Trailing

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 9.65%
1 Yr 0.0% -5.1% 2.5% 27.35%
3 Yr 0.0%* -1.6% 1.7% 28.74%
5 Yr 0.0%* -1.0% 1.1% 27.85%
10 Yr 0.0%* -0.6% 1.4% 36.31%

* Annualized


Total Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% 0.0% 0.0% 9.60%
2017 0.0% 0.0% 0.0% 9.47%
2016 0.0% 0.0% 0.0% 9.48%
2015 0.0% 0.0% 0.0% 8.71%
2014 0.0% 0.0% 0.0% 8.71%

NAV & Total Return History

FDRXX - Holdings

Concentration Analysis

FDRXX Category Low Category High FDRXX % Rank
Net Assets 152 B 53.1 K 152 B 0.09%
Number of Holdings 183 2 1106 15.56%
Net Assets in Top 10 98.7 B 2.16 M 98.7 B 0.09%
Weighting of Top 10 69.72% 10.0% 132.4% 15.47%

Top 10 Holdings

  1. Federal Home Loan Bank 6/3/19 To 42.78%

  2. In A Joint Trading Account At 2.5% Dated 5/31/19 Due (Collateralized By U.S 9.02%

  3. U.S. Treasury Security Stripped Interest Security 6.17%

  4. Fixed Income Clearing Corp. - Bnym At 2.49% Dated 5/31/19 Due 6/3/19 (Colla 2.62%

  5. U.S. Treasury Notes 7/31/19 To 2.55%

  6. Freddie Mac 6/19/19 To 2.15%

  7. Commerz Markets Llc At: 2.57% Dated 5/31/19 Due 6/3/19 (Collateralized By U 1.50%

  8. Mizuho Securities U.S.A., Inc. At: 2.5% Dated 5/31/19 Due 6/3/19 (Collatera 1.15%

  9. Fannie Mae 7/30/19 To 1.01%

  10. Morgan Stanley & Co., Llc At 2.51% Dated 5/31/19 Due 6/3/19 (Collateralized 0.78%


Asset Allocation

Weighting Return Low Return High FDRXX % Rank
Bonds
54.89% 0.00% 103.85% 19.48%
Cash
47.47% 0.00% 100.40% 79.87%
Stocks
0.00% 0.00% 0.00% 9.60%
Preferred Stocks
0.00% 0.00% 0.12% 9.69%
Convertible Bonds
0.00% 0.00% 4.78% 15.75%
Other
-2.36% -10.00% 100.00% 98.79%

Bond Sector Breakdown

Weighting Return Low Return High FDRXX % Rank
Government
51.73% 0.00% 103.85% 2.62%
Cash & Equivalents
47.47% 0.00% 100.40% 79.94%
Securitized
3.15% 0.00% 35.60% 3.56%
Derivative
0.00% 0.00% 1.58% 10.78%
Corporate
0.00% 0.00% 17.40% 34.77%
Municipal
0.00% 0.00% 99.57% 41.71%

Bond Geographic Breakdown

Weighting Return Low Return High FDRXX % Rank
US
54.89% 0.00% 103.85% 19.48%
Non US
0.00% 0.00% 23.98% 21.99%

FDRXX - Expenses

Operational Fees

FDRXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% 0.00% 15.28% 62.89%
Management Fee 0.18% 0.00% 0.57% 48.90%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

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

Trading Fees

FDRXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 235.00% 8.25%

FDRXX - Distributions

Dividend Yield Analysis

FDRXX Category Low Category High FDRXX % Rank
Dividend Yield 1.00% 0.00% 3.93% 48.25%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FDRXX Category Low Category High FDRXX % Rank
Net Income Ratio 1.42% 0.00% 4.52% 45.05%

Capital Gain Distribution Analysis

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

FDRXX - Managers

Management Team

Manager

Start Date

Tenure

Tenure Rank

Jan 29, 2007

12.68

12.7%

Team Managed


Tenure Analysis

Category Low

0.21

Category High

44.01

Category Average

13.66

Category Mode

13.61