FTEXX: Fidelity Municipal Money Market

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FTEXX Fidelity Municipal Money Market


Profile

FTEXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $5.79 B
  • Holdings in Top 10 20.7%

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) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Money Market Fund
  • Investment Style Money Market-Tax-Free

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.29%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity Municipal Money Market Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jan 02, 1980
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

The fund normally invests in municipal money market securities. It invests at least 80% of assets in municipal securities whose interest is exempt from federal income tax. The fund invests more than 25% of total assets in municipal securities that finance similar types of projects. It invests in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, liquidity, and diversification of investments.


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Categories

Fund Company Quick Screens

FTEXX - Fund Company Quick Screens


Performance

FTEXX - Performance

Return Ranking - Trailing

Period FTEXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 51.97%
1 Yr 0.0% 0.0% 2.1% 52.10%
3 Yr N/A* 0.0% 1.6% 67.52%
5 Yr N/A* 0.0% 1.0% 77.81%
10 Yr 0.0%* 0.0% 1.1% 56.81%

* Annualized

Return Ranking - Calendar

Period FTEXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 51.46%
2018 N/A 0.0% 0.0% 77.54%
2017 N/A 0.0% 0.0% 77.24%
2016 N/A 0.0% 0.0% 77.32%
2015 N/A 0.0% 0.0% 77.65%

Total Return Ranking - Trailing

Period FTEXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 51.97%
1 Yr 0.0% 0.0% 2.1% 52.10%
3 Yr N/A* 0.0% 1.6% 67.45%
5 Yr N/A* 0.0% 1.0% 77.81%
10 Yr 0.0%* 0.0% 1.1% 56.81%

* Annualized

Total Return Ranking - Calendar

Period FTEXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 51.46%
2018 N/A 0.0% 0.0% 77.54%
2017 N/A 0.0% 0.0% 77.22%
2016 N/A 0.0% 0.0% 77.32%
2015 N/A 0.0% 0.0% 77.65%

NAV & Total Return History


Holdings

FTEXX - Holdings

Concentration Analysis

FTEXX Category Low Category High FTEXX % Rank
Net Assets 5.79 B 54.4 K 200 B 38.38%
Number of Holdings 496 1 1098 1.41%
Net Assets in Top 10 1.43 B 62.2 K 110 B 46.19%
Weighting of Top 10 20.66% 4.4% 100.0% 94.58%

Top 10 Holdings

  1. Texas Gen. Oblig.: Tran Series 2018, 4% 4.66%
  2. Main Street Natural Gas, Inc. Georgia Gas Proj. Rev. Bonds: Series 2010 A2, 2.93%
  3. Miami-Dade County School District Tan Series 2018, 5% 2.00%
  4. Fidelity Municipal Cash Central Fund, 2.34% 1.73%
  5. Atlanta Arpt. Rev.: 2% , Loc Bank Of America Na, Cp 1.70%
  6. Louisiana Gas & Fuel Tax Rev. Participating Vrdn Series Egl 14 0049, 1.46% 1.66%
  7. Daviess County Solid Waste Disp. Facilities Rev. (Scott Paper Co. Proj.): S 1.59%
  8. Trimble County Poll. Cont. Rev. (Louisville Gas And Elec. Co. Proj.) Series 1.55%
  9. Fnma New York Hsg. Fin. Agcy. Rev.: (600 West And 42nd St. Hsg. Proj.) Seri 1.52%
  10. Main Street Natural Gas, Inc. Georgia Gas Proj. Rev. Bonds: Series 2010 A1, 1.33%

Asset Allocation

Weighting Return Low Return High FTEXX % Rank
Cash
91.35% 0.00% 100.40% 23.42%
Bonds
8.26% 0.00% 103.85% 75.54%
Other
0.40% -5.71% 100.00% 4.42%
Stocks
0.00% 0.00% 0.00% 51.54%
Preferred Stocks
0.00% 0.00% 0.12% 51.55%
Convertible Bonds
0.00% 0.00% 3.24% 54.84%

Bond Sector Breakdown

Weighting Return Low Return High FTEXX % Rank
Cash & Equivalents
91.71% 0.00% 100.00% 23.33%
Municipal
8.29% 0.00% 100.00% 20.32%
Derivative
0.00% 0.00% 1.59% 52.30%
Securitized
0.00% 0.00% 35.65% 58.33%
Corporate
0.00% 0.00% 14.70% 65.95%
Government
0.00% 0.00% 100.00% 83.91%

Bond Geographic Breakdown

Weighting Return Low Return High FTEXX % Rank
US
8.26% 0.00% 103.85% 73.75%
Non US
0.00% 0.00% 35.48% 60.40%

Expenses

FTEXX - Expenses

Operational Fees

FTEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.42% 0.08% 6.36% 59.47%
Management Fee 0.25% 0.00% 0.57% 73.12%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FTEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FTEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% 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.

FTEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 235.00% N/A

Distributions

FTEXX - Distributions

Dividend Yield Analysis

FTEXX Category Low Category High FTEXX % Rank
Dividend Yield 0.00% 0.00% 3.13% 76.15%

Dividend Distribution Analysis

FTEXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

FTEXX Category Low Category High FTEXX % Rank
Net Income Ratio 1.29% 0.00% 4.52% 77.32%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FTEXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Oct 30, 2006

13.43

13.4%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 44.52 13.83 14.12