FDEXX: Fidelity® Tax-Exempt Money Market DlyMny

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FDEXX Fidelity® Tax-Exempt Money Market DlyMny


Profile

FDEXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $3.13 B
  • Holdings in Top 10 19.5%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.72%

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 N/A

Fund Classification

  • Primary Caregory Uncategorized
  • 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 0.94%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity® Tax-Exempt Money Market Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Nov 22, 1983
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

The fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal income tax. Normally it will not invest in municipal securities whose interest is subject to the federal alternative minimum tax. The fund will potentially invest up to 20% of assets in securities subject to state and/or federal income tax and invest more than 25% of total assets in municipal securities that finance similar types of projects.


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Categories

Fund Company Quick Screens

FDEXX - Fund Company Quick Screens


Performance

FDEXX - Performance

Return Ranking - Trailing

Period FDEXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 98.03%
1 Yr 0.0% 0.0% 2.1% 98.01%
3 Yr N/A* 0.0% 1.6% 67.82%
5 Yr N/A* 0.0% 1.0% 94.69%
10 Yr 0.0%* 0.0% 1.1% 97.67%

* Annualized

Return Ranking - Calendar

Period FDEXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 97.99%
2018 N/A 0.0% 0.0% 59.49%
2017 N/A 0.0% 0.0% 59.51%
2016 N/A 0.0% 0.0% 59.59%
2015 N/A 0.0% 0.0% 59.34%

Total Return Ranking - Trailing

Period FDEXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 98.03%
1 Yr 0.0% 0.0% 2.1% 98.01%
3 Yr N/A* 0.0% 1.6% 67.88%
5 Yr N/A* 0.0% 1.0% 94.51%
10 Yr 0.0%* 0.0% 1.1% 97.67%

* Annualized

Total Return Ranking - Calendar

Period FDEXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 97.99%
2018 N/A 0.0% 0.0% 59.49%
2017 N/A 0.0% 0.0% 59.47%
2016 N/A 0.0% 0.0% 59.59%
2015 N/A 0.0% 0.0% 59.34%

NAV & Total Return History


Holdings

FDEXX - Holdings

Concentration Analysis

FDEXX Category Low Category High FDEXX % Rank
Net Assets 3.13 B 101 K 253 B 50.23%
Number of Holdings 516 1 1112 1.52%
Net Assets in Top 10 613 M 67 K 89.3 B 62.11%
Weighting of Top 10 19.47% 4.2% 100.0% 92.62%

Top 10 Holdings

  1. TEXAS ST 4.86%
  2. Fidelity Revere Str Tr 2.85%
  3. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 1.86%
  4. AUSTIN TEX UTIL SYS REV IAM COML PAPER 3/A2 SER A 1.81%
  5. MAIN STR NAT GAS INC GA GAS PROJ REV 1.48%
  6. IOWA FIN AUTH ECONOMIC DEV REV 1.48%
  7. LOUISIANA ST GAS & FUELS TAX REV 1.37%
  8. CLIPPER TAX-EXEMPT CTF TR 1.28%
  9. SUFFOLK VA ECONOMIC DEV AUTH HOSP FACS REV 1.28%
  10. KING CNTY WASH SWR REV 1.21%

Asset Allocation

Weighting Return Low Return High FDEXX % Rank
Bonds
80.28% 0.00% 100.00% 13.60%
Cash
16.87% 0.00% 100.00% 86.80%
Other
2.85% -1.08% 100.00% 2.66%
Stocks
0.00% 0.00% 0.00% 98.12%
Preferred Stocks
0.00% 0.00% 0.33% 98.10%
Convertible Bonds
0.00% 0.00% 4.02% 98.58%

Bond Sector Breakdown

Weighting Return Low Return High FDEXX % Rank
Municipal
82.64% 0.00% 100.00% 12.82%
Cash & Equivalents
17.36% 0.00% 100.00% 87.37%
Derivative
0.00% 0.00% 0.70% 98.10%
Securitized
0.00% 0.00% 11.22% 98.39%
Corporate
0.00% 0.00% 15.28% 99.53%
Government
0.00% 0.00% 57.15% 99.24%

Bond Geographic Breakdown

Weighting Return Low Return High FDEXX % Rank
US
80.28% 0.00% 100.00% 13.30%
Non US
0.00% 0.00% 6.11% 98.96%

Expenses

FDEXX - Expenses

Operational Fees

FDEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.72% 0.08% 6.36% 24.50%
Management Fee 0.25% 0.00% 0.57% 74.13%
12b-1 Fee 0.25% 0.00% 1.00% 71.31%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FDEXX 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

FDEXX 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.

FDEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 235.00% 77.91%

Distributions

FDEXX - Distributions

Dividend Yield Analysis

FDEXX Category Low Category High FDEXX % Rank
Dividend Yield 0.00% 0.00% 1.26% 98.13%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FDEXX Category Low Category High FDEXX % Rank
Net Income Ratio 0.94% 0.00% 4.52% 89.60%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FDEXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Dec 30, 2006

13.59

13.6%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 44.85 14.21 14.45