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SPAXX Fidelity® Government MMkt

  • Fund
  • SPAXX
  • Price as of: Apr 23, 2019
  • $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 $123 B
  • Holdings in Top 10 39.7%

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 0.42%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

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 0.81%
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

Fund Description

The fund normally invests at least 99.5% of its 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 (%)
YTD 0.0% 0.0% 1.7% 54.24%
1 Yr 0.0% 0.0% 2.9% 54.51%
3 Yr 0.0%* -53.7% 0.0% 53.86%
5 Yr 0.0%* -37.0% 0.0% 53.76%
10 Yr 0.0%* -20.6% 0.6% 57.39%

* Annualized


Return Ranking - Calendar

Period SPAXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% -1.4% 0.0% 54.23%
2017 0.0% 0.0% 2.1% 54.52%
2016 0.0% -90.1% 0.0% 53.79%
2015 0.0% 0.0% 0.4% 54.28%
2014 0.0% 0.0% 3.1% 54.48%

Total Return Ranking - Trailing

Period SPAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 1.7% 54.24%
1 Yr 0.0% 0.0% 2.9% 54.51%
3 Yr 0.0%* -53.7% 0.0% 53.86%
5 Yr 0.0%* -37.0% 0.0% 53.76%
10 Yr 0.0%* -20.6% 0.6% 57.39%

* Annualized


Total Return Ranking - Calendar

Period SPAXX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% -1.4% 0.0% 54.23%
2017 0.0% 0.0% 2.1% 54.52%
2016 0.0% -90.1% 0.0% 53.79%
2015 0.0% 0.0% 0.4% 54.28%
2014 0.0% 0.0% 3.1% 54.48%

NAV & Total Return History

SPAXX - Holdings

Concentration Analysis

SPAXX Category Low Category High SPAXX % Rank
Net Assets 123 B 5.1 M 142 B 1.72%
Number of Holdings 311 1 1276 4.92%
Net Assets in Top 10 48.6 B 3.22 M 97 B 0.93%
Weighting of Top 10 39.69% 8.7% 242.8% 53.06%

Top 10 Holdings

  1. Repurchase Agreement 1/2/19 26.57%

  2. Repurchase Agreement 1/2/19 26.57%

  3. Repurchase Agreement 1/2/19 26.57%

  4. Repurchase Agreement 1/2/19 26.57%

  5. Repurchase Agreement 1/2/19 26.57%

  6. Repurchase Agreement 1/2/19 26.57%

  7. Repurchase Agreement 1/2/19 26.57%

  8. Repurchase Agreement 1/2/19 26.57%

  9. Repurchase Agreement 1/22/19 2.15%

  10. Repurchase Agreement 1/22/19 2.15%


Asset Allocation

Weighting Return Low Return High SPAXX % Rank
Cash
81.50% 0.00% 102.14% 26.33%
Bonds
21.51% 0.00% 110.26% 68.62%
Stocks
0.00% 0.00% 3.27% 55.45%
Preferred Stocks
0.00% 0.00% 0.00% 54.39%
Convertible Bonds
0.00% 0.00% 1.36% 54.92%
Other
-3.01% -10.26% 100.00% 98.54%

Bond Sector Breakdown

Weighting Return Low Return High SPAXX % Rank
Cash & Equivalents
81.50% 0.00% 102.14% 27.66%
Government
21.51% 0.00% 110.26% 30.45%
Derivative
0.00% 0.00% 0.51% 54.52%
Securitized
0.00% 0.00% 30.46% 60.11%
Corporate
0.00% 0.00% 28.13% 70.08%
Municipal
0.00% 0.00% 100.00% 70.35%

Bond Geographic Breakdown

Weighting Return Low Return High SPAXX % Rank
US
21.51% 0.00% 110.26% 57.18%
Non US
0.00% 0.00% 30.51% 62.37%

SPAXX - Expenses

Operational Fees

SPAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.42% 0.00% 2.27% 60.48%
Management Fee 0.25% 0.05% 0.57% 70.03%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

SPAXX 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

SPAXX 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.

SPAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.42% 0.00% 235.00% 85.00%

SPAXX - Distributions

Dividend Yield Analysis

SPAXX Category Low Category High SPAXX % Rank
Dividend Yield 0.03% 0.00% 0.17% 40.98%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

SPAXX Category Low Category High SPAXX % Rank
Net Income Ratio 0.81% 0.00% 2.42% 65.38%

Capital Gain Distribution Analysis

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

SPAXX - Managers

Tenure Analysis

Category Low

0.08

Category High

43.51

Category Average

13.93

Category Mode

9.92