Fidelity® Investments Money Market Funds Government Portfolio Class I (FIGXX)
| 0.01% Yield | -99.00% 1 Day | -99.00% Year-to-Date | Overall Morningstar Rating |
| Money market-taxable Style or Category | No Load Sales Expenses | 0.21% Expense Ratio | -- Morningstar Risk Rating™ |
Investment Objective The investment seeks to obtain as high a level of current income as is consistent with the preservation of principal and liquidity within the limitations prescribed for the fund.
The fund normally invests at least 99.5% of 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 normally invests at least 80% of its assets in U.S. government securities and repurchase agreements for those securities.
Performance
| 1 month | -- | 3 years | -- | |
| 3 months | -- | 5 years | -- | |
| 1 year | -- | Since inception | +3.43% |
Data through --
Peer Comparisonvs. Money market-taxable
| FIGXX | Category | |
|---|---|---|
| Performance 5-yr return | -- | +0.81% |
| Expense ratio | 0.21% | 0.45% |
| Risk 5 year sharpe ratio | -3.24 | -5.17 |
| Net assets | $137.4B | $22.7B |
| Average market cap | -- | -- |
| Average P/E | -- | -- |
| Portfolio turnover | 0% | 0% |
There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.
Fund Management and Purchase Info
| Fund family | Fidelity Investments |
| Fund manager & tenure | Management Team / 17 Years |
| Minimal initial investment | $1,000,000.00 |
| Minimum IRA investment | -- |
Holdings
| Cash | 56.62% |
| Fixed income | 39.82% |
| Other | 3.56% |
| U.S. stock | 0.00% |
| International stock | 0.00% |
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| -- | 2.28% |
| -- | 1.82% |
| -- | 1.66% |
| -- | 1.62% |
| -- | 1.50% |
| -- | 1.48% |
| -- | 1.44% |
| -- | 1.39% |
| -- | 1.35% |
| -- | 1.21% |
