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Fidelity® Tax-Exempt Money Market Fund (FMOXX)

1 Day
Overall Morningstar Rating
Money market-tax-free
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide as high a level of current income, exempt from federal income taxes, as is consistent with liquidity and stability of principal. The fund normally invests at least 99.5% of total assets in cash, U.S. Treasury securities and/or repurchase agreements for those securities. It invests in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, liquidity, and diversification of investments. In addition, the Adviser normally invests at least 80% of the fund's assets in U.S. Treasury securities and repurchase agreements for those securities.


1 month-- 3 years--
3 months-- 5 years--
1 year-- Since inception+0.92%
Data through --

Peer Comparisonvs. Money market-tax-free

Performance 5-yr return--+0.03%
Expense ratio0.48%0.52%
Risk 5 year sharpe ratio-2.24-2.16
Net assets$5.7B$1.3B
Average market cap----
Average P/E----
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureManagement Team / 9 Years
Minimal initial investment$5,000.00
Minimum IRA investment--


Fixed income8.22%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.