FDRXX: Fidelity® Government Cash Reserves

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FDRXX Fidelity® Government Cash Reserves

  • Fund
  • FDRXX
  • Price as of: Dec 12, 2019
  • $1.00
    - $0.00 - 0.00%

Profile

FDRXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $156 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 Caregory
  • 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 0.7%
  • 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.


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Categories

Fund Company Quick Screens

FDRXX - Fund Company Quick Screens


Performance

FDRXX - Performance

Return Ranking - Trailing

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 13.61%
1 Yr 0.0% 0.0% 2.4% 32.69%
3 Yr 0.0%* 0.0% 1.8% 33.30%
5 Yr 0.0%* 0.0% 1.2% 34.38%
10 Yr 0.0%* 0.0% 1.4% 41.08%

* Annualized

Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% 0.0% 0.0% 13.28%
2017 0.0% 0.0% 0.0% 13.40%
2016 0.0% 0.0% 0.0% 13.81%
2015 0.0% 0.0% 0.0% 13.85%
2014 0.0% 0.0% 0.0% 13.94%

Total Return Ranking - Trailing

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 13.61%
1 Yr 0.0% -5.2% 2.4% 31.91%
3 Yr 0.0%* -1.6% 1.8% 32.91%
5 Yr 0.0%* -1.0% 1.2% 33.88%
10 Yr 0.0%* -0.5% 1.4% 40.68%

* Annualized

Total Return Ranking - Calendar

Period FDRXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% 0.0% 0.0% 13.28%
2017 0.0% 0.0% 0.0% 13.42%
2016 0.0% 0.0% 0.0% 13.81%
2015 0.0% 0.0% 0.0% 13.85%
2014 0.0% 0.0% 0.0% 13.94%

NAV & Total Return History


Holdings

FDRXX - Holdings

Concentration Analysis

FDRXX Category Low Category High FDRXX % Rank
Net Assets 156 B 53.2 K 160 B 1.21%
Number of Holdings 183 2 1098 16.46%
Net Assets in Top 10 98.7 B 53.1 K 98.7 B 0.09%
Weighting of Top 10 69.72% 9.2% 112.9% 15.80%

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% 20.23%
Cash
47.47% 0.00% 100.40% 79.49%
Stocks
0.00% 0.00% 0.00% 13.64%
Preferred Stocks
0.00% 0.00% 0.12% 13.73%
Convertible Bonds
0.00% 0.00% 13.91% 20.13%
Other
-2.36% -5.71% 100.00% 98.97%

Bond Sector Breakdown

Weighting Return Low Return High FDRXX % Rank
Government
51.73% 0.00% 103.85% 1.98%
Cash & Equivalents
47.47% 0.00% 100.40% 79.87%
Securitized
3.15% 0.00% 35.60% 4.89%
Derivative
0.00% 0.00% 1.58% 14.96%
Corporate
0.00% 0.00% 17.24% 42.43%
Municipal
0.00% 0.00% 99.82% 41.67%

Bond Geographic Breakdown

Weighting Return Low Return High FDRXX % Rank
US
54.89% 0.00% 103.85% 19.38%
Non US
0.00% 0.00% 21.12% 30.76%

Expenses

FDRXX - Expenses

Operational Fees

FDRXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% 0.00% 6.36% 62.61%
Management Fee 0.18% 0.00% 0.57% 47.91%
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

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% 27434.00% 11.28%

Distributions

FDRXX - Distributions

Dividend Yield Analysis

FDRXX Category Low Category High FDRXX % Rank
Dividend Yield 0.69% 0.00% 3.55% 49.68%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FDRXX Category Low Category High FDRXX % Rank
Net Income Ratio 1.42% 0.00% 4.52% 61.23%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FDRXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Jan 29, 2007

12.84

12.8%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.37 44.18 13.84 13.78