Fidelity MA Municipal MM Fund Inst (FMAXX)
1.00
0.00 (0.00%)
USD |
Feb 27 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.20% | 3.516B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 388.09M | 2.42% |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income exempt from federal income tax and Massachusetts personal income tax as is consistent with preservation of capital and liquidity. Invests in municipal 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 | Other States Tax-Exempt Money Market Fds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Other States Tax-Exempt Money Market Fds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
25
-2.531M
Peer Group Low
256.90M
Peer Group High
1 Year
% Rank:
25
388.09M
568485.0
Peer Group Low
388.09M
Peer Group High
3 Months
% Rank:
88
-92.28M
Peer Group Low
5.166M
Peer Group High
3 Years
% Rank:
25
-2.458M
Peer Group Low
932.25M
Peer Group High
6 Months
% Rank:
88
-3.573M
Peer Group Low
100.42M
Peer Group High
5 Years
% Rank:
25
-5.138M
Peer Group Low
1.009B
Peer Group High
YTD
% Rank:
88
-90.58M
Peer Group Low
-3.864M
Peer Group High
10 Years
% Rank:
25
-40.77M
Peer Group Low
1.602B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 02, 2026.
Asset Allocation
As of January 31, 2026.
| Type | % Net |
|---|---|
| Cash | 14.91% |
| Stock | 0.00% |
| Bond | 85.09% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Municipal Cash Central Fund
|
11.18% | -- | -- |
| MASSACHUSETTS ST DEV FIN AGY REV MA 10/01/2064 | 4.10% | -- | -- |
| MASSACHUSETTS DEPT TRANSN MET HWY SYS REV MA 2.170 01/01/2039 | 3.77% | -- | -- |
| 03/01/2049 | 3.51% | -- | -- |
| MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV MA 1.750 07/01/2031 | 3.07% | -- | -- |
| MASSACHUSETTS DEPT TRANSN MET HWY SYS REV MA 1.870 01/01/2037 | 2.53% | 100.00 | 0.00% |
| MASSACHUSETTS DEPT TRANSN MET HWY SYS REV MA 1.850 01/01/2037 | 2.40% | -- | -- |
| MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV MA 07/01/2042 | 2.31% | -- | -- |
| MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV MA 07/01/2042 | 2.31% | -- | -- |
| MASSACHUSETTS DEPT TRANSN MET HWY SYS REV MA 2.200 01/01/2039 | 1.95% | 100.00 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.15% |
| 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 | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income exempt from federal income tax and Massachusetts personal income tax as is consistent with preservation of capital and liquidity. Invests in municipal 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 | Other States Tax-Exempt Money Market Fds |
| Global Macro | Bond HC |
| US Macro | Tax-Exempt Money Market Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Other States Tax-Exempt Money Market Fds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUTB13MTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-27-26) | 2.42% |
| 30-Day SEC Yield (11-30-24) | 2.67% |
| 7-Day SEC Yield (12-31-25) | 2.75% |
| Number of Holdings | 257 |
| Bond | |
| Yield to Maturity (1-31-26) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 251 |
As of January 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |