Fidelity® Investments Money Market Funds Government Portfolio Institutional Class (FRGXX)

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
0.18%
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+0.83%
Data through --

Peer Comparisonvs. Money market-taxable

 FRGXXCategory
Performance 5-yr return--+0.80%
Expense ratio0.18%0.45%
Risk 5 year sharpe ratio-2.41-5.41
Net assets$151.6B$22.2B
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 / 17 Years
Minimal initial investment$10,000,000.00
Minimum IRA investment--

Holdings

Cash58.87%
Fixed income40.35%
Other0.78%
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
-- 2.26%
-- 1.90%
-- 1.85%
-- 1.82%
-- 1.61%
-- 1.47%
-- 1.43%
-- 1.41%
-- 1.27%
-- 1.22%