Fidelity Tax-Exempt Money Market Daily Money (FDEXX)
1.00
0.00 (0.00%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.70% | 4.202B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 265.81M | 1.76% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide as high a level of current income, exempt from federal income taxes, as is consistent with liquidity and stability of principal. Invests at least 80% of its assets in municipal money market securities. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Tax-Exempt Money Market Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
47
-676.19M
Peer Group Low
259.38M
Peer Group High
1 Year
% Rank:
35
265.81M
-743.99M
Peer Group Low
2.152B
Peer Group High
3 Months
% Rank:
69
-225.61M
Peer Group Low
558.76M
Peer Group High
3 Years
% Rank:
47
-362.80M
Peer Group Low
4.227B
Peer Group High
6 Months
% Rank:
35
-449.80M
Peer Group Low
1.108B
Peer Group High
5 Years
% Rank:
54
-1.198B
Peer Group Low
9.189B
Peer Group High
YTD
% Rank:
22
-2.694B
Peer Group Low
780.71M
Peer Group High
10 Years
% Rank:
89
-13.60B
Peer Group Low
9.486B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 7.71% |
| Stock | 0.04% |
| Bond | 80.70% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 11.55% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Securities Lending Cash Central Fund
|
11.55% | -- | -- |
| CONNECTICUT ST CT 2.770 05/15/2034 | 1.23% | 100.00 | 0.00% |
| MINNESOTA AGRIC & ECONOMIC DEV BRD HEALTH CARE SYS REV MN 3.050 11/15/2065 | 1.15% | 100.00 | 0.00% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV TX 2.760 12/01/2060 | 1.10% | 100.00 | 0.00% |
| VALDEZ ALASKA MARINE TERM REV AK 2.750 05/01/2031 | 0.97% | 100.00 | 0.00% |
| CLARK CNTY NEV ARPT REV NV 2.720 07/01/2040 | 0.93% | 100.00 | 0.00% |
| PORT ARTHUR TEX NAV DIST INDL DEV CORP EXEMPT FACS REV TX 2.720 12/01/2040 | 0.80% | 100.00 | 0.00% |
| DELAWARE VALLEY PA REGL FIN AUTH LOC GOVT REV PA 2.720 12/01/2060 | 0.78% | 100.00 | 0.00% |
| RIB FLOATER TR VARIOUS STS 06/01/2037 | 0.75% | 100.00 | 0.00% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV MD 2.950 07/01/2056 | 0.73% | 100.00 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.23% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide as high a level of current income, exempt from federal income taxes, as is consistent with liquidity and stability of principal. Invests at least 80% of its assets in municipal money market securities. |
| General | |
| Security Type | Money Market Fund |
| Equity Style | -- |
| Broad Asset Class | Money Market |
| Broad Category | Capital Preservation |
| Global Peer Group | Bond USD Tax Exempt Money Market |
| Peer Group | Tax-Exempt Money Market Funds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Tax-Exempt Money Market Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-15-26) | 1.83% |
| 30-Day SEC Yield (11-30-24) | 2.48% |
| 7-Day SEC Yield (8-31-26) | 1.76% |
| Number of Holdings | 752 |
| Bond | |
| Yield to Maturity (6-30-26) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 682 |
As of June 30, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |