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FDRXX Fidelity® Government Cash Reserves

  • Fund
  • FDRXX
  • Price as of: Jul 18, 2019
  • $1.00 - $0.00 - 0.00%
  • Category
  • Money Market

FDRXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $144 B
  • Holdings in Top 10 69.1%

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

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 1.42%
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 (%)
YTD 0.0% 0.0% 3.9% 6.23%
1 Yr 0.0% 0.0% 3.7% 6.25%
3 Yr 0.0%* -0.6% 0.0% 5.88%
5 Yr 0.0%* 0.0% 0.3% 6.09%
10 Yr 0.0%* 0.0% 0.9% 9.25%

* Annualized


Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% -1.4% 0.0% 6.01%
2017 0.0% 0.0% 2.1% 6.16%
2016 0.0% -3.5% 0.0% 5.92%
2015 0.0% 0.0% 0.4% 6.07%
2014 0.0% 0.0% 3.1% 6.29%

Total Return Ranking - Trailing

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 3.9% 6.23%
1 Yr 0.0% 0.0% 3.7% 6.25%
3 Yr 0.0%* -0.6% 0.0% 5.88%
5 Yr 0.0%* 0.0% 0.3% 6.09%
10 Yr 0.0%* 0.0% 0.9% 9.25%

* Annualized


Total Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% -1.4% 0.0% 6.01%
2017 0.0% 0.0% 2.1% 6.16%
2016 0.0% -3.5% 0.0% 5.92%
2015 0.0% 0.0% 0.4% 6.07%
2014 0.0% 0.0% 3.1% 6.29%

NAV & Total Return History

FDRXX - Holdings

Concentration Analysis

FDRXX Category Low Category High FDRXX % Rank
Net Assets 144 B 4.87 M 172 B 1.90%
Number of Holdings 176 2 1055 16.71%
Net Assets in Top 10 98.1 B 2.07 M 98.1 B 0.14%
Weighting of Top 10 69.09% 9.8% 118.1% 20.52%

Top 10 Holdings

  1. Federal Home Loan Bank 3/1/19 To 42.92%

  2. In A Joint Trading Account At 2.6% Dated 2/28/19 Due (Collateralized By (U. 8.13%

  3. U.S. Treasury Bills 3/1/19 To 7.72%

  4. U.S. Treasury Notes 3/31/19 To 3.30%

  5. Nomura Securities International, Inc. At: 2.4%, Dated 2/22/19 Due 3/1/19 (C 1.88%

  6. Commerz Markets Llc At: 2.59%, Dated 2/28/19 Due 3/1/19 (Collateralized By 1.39%

  7. Mizuho Securities U.S.A., Inc. At 2.57%, Dated 2/28/19 Due 3/1/19 (Collater 1.19%

  8. Fannie Mae 4/30/19 To 1.01%

  9. Mufg Securities (Canada), Ltd. At: 2.57%, Dated 2/28/19 Due 3/1/19 (Collate 0.80%

  10. Bnp Paribas, Sa At: 2.46%, Dated: 1/17/19 Due 3/7/19 (Collateralized By U.S 0.74%


Asset Allocation

Weighting Return Low Return High FDRXX % Rank
Bonds
56.30% 0.00% 103.85% 21.88%
Cash
44.86% 0.00% 101.35% 77.85%
Stocks
0.00% 0.00% 3.56% 9.24%
Preferred Stocks
0.00% 0.00% 0.12% 6.11%
Convertible Bonds
0.00% 0.00% 1.12% 7.20%
Other
-1.16% -12.13% 100.00% 96.20%

Bond Sector Breakdown

Weighting Return Low Return High FDRXX % Rank
Government
54.77% 0.00% 103.85% 1.64%
Cash & Equivalents
44.86% 0.00% 101.35% 77.22%
Securitized
1.53% 0.00% 35.60% 5.46%
Derivative
0.00% 0.00% 0.51% 6.14%
Corporate
0.00% 0.00% 25.86% 33.29%
Municipal
0.00% 0.00% 99.96% 40.38%

Bond Geographic Breakdown

Weighting Return Low Return High FDRXX % Rank
US
56.30% 0.00% 103.85% 21.88%
Non US
0.00% 0.00% 36.11% 23.37%

FDRXX - Expenses

Operational Fees

FDRXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% 0.00% 2.80% 62.74%
Management Fee 0.18% 0.05% 0.57% 46.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 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% 5.00% 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% 5.88%

FDRXX - Distributions

Dividend Yield Analysis

FDRXX Category Low Category High FDRXX % Rank
Dividend Yield 0.01% 0.00% 3.14% 46.34%

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% 2.42% 35.64%

Capital Gain Distribution Analysis

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

FDRXX - Managers

Management Team

Manager

Start Date

Tenure

Tenure Rank

Jan 29, 2007

12.42

12.4%

Team Managed


Tenure Analysis

Category Low

0.0

Category High

43.76

Category Average

14.12

Category Mode

13.36