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Fidelity® Tax-Exempt Money Market Fund (FMOXX)

0.34%
Yield
+3.03%
1 Day
-66.00%
Year-to-Date
Overall Morningstar Rating
Money market-tax-free
Style or Category
No Load
Sales Expenses
0.47%
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 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.

Performance

1 month-- 3 years--
3 months-- 5 years--
1 year-- Since inception+0.90%
Data through --

Peer Comparisonvs. Money market-tax-free

 FMOXXCategory
Performance 5-yr return--+0.05%
Expense ratio0.47%0.52%
Risk 5 year sharpe ratio-2.47-2.01
Net assets$4.9B$1.4B
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 / 10 Years
Minimal initial investment$5,000.00
Minimum IRA investment--

Holdings

Cash82.99%
Fixed income17.00%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.