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Fidelity® Government Money Market Fund (SPAXX)

1 Day
Overall Morningstar Rating
Money market-taxable
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks as high a level of current income as is consistent with preservation of capital and liquidity. The fund normally invests at least 99.5% of the fund's total assets in cash, U.S. government securities and/or repurchase agreements that are collateralized fully. It 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. The fund invests in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, and diversification of investments.


1 month-- 3 years--
3 months-- 5 years--
1 year-- Since inception+3.05%
Data through --

Peer Comparisonvs. Money market-taxable

Performance 5-yr return--+0.02%
Expense ratio0.42%0.55%
Risk 5 year sharpe ratio-4.06-3.16
Net assets$21.7B$8.2B
Average market cap----
Average P/E----
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureManagement Team / 8 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00


Fixed income49.67%
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.