Fidelity Tax-Exempt Money Market Capital Reserves (FERXX)
1.00
0.00 (0.00%)
USD |
Jan 01 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.95% | 4.064B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 264.28M | 1.84% | Upgrade | Upgrade |
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:
56
-19.40M
Peer Group Low
958.13M
Peer Group High
1 Year
% Rank:
54
264.28M
-37.51M
Peer Group Low
1.579B
Peer Group High
3 Months
% Rank:
56
-19.02M
Peer Group Low
1.993B
Peer Group High
3 Years
% Rank:
56
-283.87M
Peer Group Low
4.573B
Peer Group High
6 Months
% Rank:
56
-259.04M
Peer Group Low
1.913B
Peer Group High
5 Years
% Rank:
59
-1.457B
Peer Group Low
5.862B
Peer Group High
YTD
% Rank:
--
--
Peer Group Low
--
Peer Group High
10 Years
% Rank:
97
-25.40B
Peer Group Low
8.202B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 02, 2026.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 4.33% |
| Stock | 0.00% |
| Bond | 83.29% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 12.39% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Securities Lending Cash Central Fund
|
12.39% | -- | -- |
| MARICOPA CNTY ARIZ INDL DEV AUTH HOSP REV AZ 3.200 12/01/2054 | 1.58% | -- | -- |
| CONNECTICUT ST CT 3.330 05/15/2034 | 1.34% | -- | -- |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV TX 3.320 12/01/2060 | 1.03% | -- | -- |
| CLARK CNTY NEV ARPT REV NV 3.200 07/01/2040 | 0.98% | 100.00 | 0.00% |
| PORT ARTHUR TEX NAV DIST INDL DEV CORP EXEMPT FACS REV TX 3.450 03/01/2042 | 0.88% | -- | -- |
| KENTUCKY BD DEV CORP HOSP REV KY 3.200 08/15/2055 | 0.87% | -- | -- |
| RIB FLOATER TR VARIOUS STS 06/01/2037 | 0.85% | -- | -- |
| PORT ARTHUR TEX NAV DIST INDL DEV CORP EXEMPT FACS REV TX 3.320 12/01/2040 | 0.84% | -- | -- |
| FULTON CNTY GA GA 4.000 12/30/2025 | 0.78% | 100.00 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.50% |
| 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 |
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 (1-1-26) | 1.83% |
| 30-Day SEC Yield (11-30-24) | 2.23% |
| 7-Day SEC Yield (11-30-25) | 1.89% |
| Number of Holdings | 717 |
| Bond | |
| Yield to Maturity (11-30-25) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 689 |
As of November 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |