FSXXX: Fidelity® Investments Money Market Funds Tax Exempt Portfolio - MutualFunds.com

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Fidelity® Inv MM Fds Tax Exempt Select

FSXXX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 1.0%
  • 5 Yr Annualized Return 0.8%
  • Net Assets $5.72 B
  • Holdings in Top 10 18.9%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.26%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Aug 14, 2020
  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Compare FSXXX to Popular Tax-Free Money Market Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$1.00

0.00%

$17.74 B

-

$0.00

0.00%

-

$1.00

0.00%

$15.14 B

-

$0.01

-

$1.00

0.00%

$13.05 B

-

$0.00

0.00%

-

$1.00

0.00%

$9.27 B

-

$0.00

0.00%

-

FSXXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 0.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.29%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity® Investments Money Market Funds Tax Exempt Portfolio
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jan 17, 2002
  • 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. It potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund invests in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, liquidity, and diversification of investments.


FSXXX - Performance

Return Ranking - Trailing

Period FSXXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 64.82%
1 Yr 0.6% 0.0% 0.8% 16.00%
3 Yr 1.0%* 0.0% 1.5% 14.75%
5 Yr 0.8%* 0.0% 1.0% 11.70%
10 Yr 0.4%* 0.0% 0.5% 12.82%

* Annualized

Return Ranking - Calendar

Period FSXXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 65.10%
2018 N/A 0.0% 0.0% 68.82%
2017 N/A 0.0% 0.0% 68.38%
2016 N/A 0.0% 0.0% 68.40%
2015 N/A 0.0% 0.0% 68.56%

Total Return Ranking - Trailing

Period FSXXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 64.82%
1 Yr 0.6% -0.9% 0.8% 16.00%
3 Yr 1.0%* 0.0% 1.5% 14.75%
5 Yr 0.8%* 0.0% 1.0% 11.70%
10 Yr 0.4%* 0.0% 0.5% 12.82%

* Annualized

Total Return Ranking - Calendar

Period FSXXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 65.10%
2018 N/A 0.0% 0.0% 68.82%
2017 N/A 0.0% 0.0% 68.34%
2016 N/A 0.0% 0.0% 68.40%
2015 N/A 0.0% 0.0% 68.56%

NAV & Total Return History


FSXXX - Holdings

Concentration Analysis

FSXXX Category Low Category High FSXXX % Rank
Net Assets 5.72 B 24.8 M 17.7 B 5.83%
Number of Holdings 683 1 991 2.91%
Net Assets in Top 10 1.07 B 9.52 M 15.1 B 9.71%
Weighting of Top 10 18.89% 9.7% 100.0% 88.35%

Top 10 Holdings

  1. Fidelity Revere Str Tr 7.46%
  2. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 2.35%
  3. CONNECTICUT ST 1.58%
  4. TEXAS ST 1.57%
  5. RBC MUN PRODS INC TR VARIOUS STS 1.31%
  6. VALDEZ ALASKA MARINE TERM REV 1.02%
  7. TEXAS ST 0.99%
  8. RBC MUN PRODS INC TR VARIOUS STS 0.99%
  9. VALDEZ ALASKA MARINE TERM REV 0.94%
  10. DEUTSCHE BK SPEARS/LIFERS SER DBE-7001 TR 0.88%

Asset Allocation

Weighting Return Low Return High FSXXX % Rank
Bonds
82.07% 0.00% 100.00% 67.48%
Cash
10.47% 0.00% 100.00% 60.19%
Other
7.46% 0.00% 11.95% 7.28%
Stocks
0.00% 0.00% 0.00% 65.05%
Preferred Stocks
0.00% 0.00% 0.00% 65.05%
Convertible Bonds
0.00% 0.00% 0.00% 65.05%

Bond Sector Breakdown

Weighting Return Low Return High FSXXX % Rank
Municipal
88.49% 0.00% 100.00% 47.57%
Cash & Equivalents
11.31% 0.00% 100.00% 53.40%
Government
0.20% 0.00% 35.75% 5.34%
Derivative
0.00% 0.00% 0.00% 65.05%
Securitized
0.00% 0.00% 0.00% 65.05%
Corporate
0.00% 0.00% 0.00% 65.05%

Bond Geographic Breakdown

Weighting Return Low Return High FSXXX % Rank
US
82.07% 0.00% 100.00% 67.48%
Non US
0.00% 0.00% 0.00% 65.05%

FSXXX - Expenses

Operational Fees

FSXXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.26% 0.15% 1.67% 88.50%
Management Fee 0.14% 0.08% 0.50% 20.87%
12b-1 Fee 0.05% 0.00% 0.75% 16.13%
Administrative Fee N/A 0.03% 0.50% N/A

Sales Fees

FSXXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

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

FSXXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 16.00% N/A

FSXXX - Distributions

Dividend Yield Analysis

FSXXX Category Low Category High FSXXX % Rank
Dividend Yield 0.00% 0.00% 0.42% 65.53%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FSXXX Category Low Category High FSXXX % Rank
Net Income Ratio 1.29% 0.01% 2.09% 12.00%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FSXXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Jul 01, 2003

17.35

17.4%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.67 32.53 13.59 13.68
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