Fidelity Tax-Exempt Money Market Premium Class (FZEXX)
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) |
|---|---|---|---|
| 0.30% | 3.967B | -- | -- |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 202.37M | 2.42% |
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:
89
-1.425B
Peer Group Low
471.06M
Peer Group High
1 Year
% Rank:
47
202.37M
-959.55M
Peer Group Low
1.362B
Peer Group High
3 Months
% Rank:
38
-1.286B
Peer Group Low
543.37M
Peer Group High
3 Years
% Rank:
47
-353.56M
Peer Group Low
3.763B
Peer Group High
6 Months
% Rank:
50
-521.05M
Peer Group Low
1.045B
Peer Group High
5 Years
% Rank:
59
-1.515B
Peer Group Low
5.695B
Peer Group High
YTD
% Rank:
59
-2.244B
Peer Group Low
179.41M
Peer Group High
10 Years
% Rank:
89
-21.09B
Peer Group Low
7.674B
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 | 6.22% |
| Stock | 0.00% |
| Bond | 82.74% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 11.03% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Securities Lending Cash Central Fund
|
11.03% | -- | -- |
| MARICOPA CNTY ARIZ INDL DEV AUTH HOSP REV AZ 1.850 12/01/2054 | 1.57% | -- | -- |
| CONNECTICUT ST CT 2.230 05/15/2034 | 1.38% | -- | -- |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV TX 2.220 12/01/2060 | 1.07% | -- | -- |
| CLARK CNTY NEV ARPT REV NV 1.900 07/01/2040 | 0.97% | 100.00 | 0.00% |
| PORT ARTHUR TEX NAV DIST INDL DEV CORP EXEMPT FACS REV TX 2.100 03/01/2042 | 0.87% | -- | -- |
| RIB FLOATER TR VARIOUS STS 06/01/2037 | 0.84% | -- | -- |
| PORT ARTHUR TEX NAV DIST INDL DEV CORP EXEMPT FACS REV TX 2.220 12/01/2040 | 0.83% | -- | -- |
| INDIANA ST FIN AUTH REV IN 2.050 11/15/2054 | 0.78% | -- | -- |
| OHIO ST HIGHER EDL FAC COMMN REV OH 1.700 01/01/2039 | 0.75% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.18% |
| 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 | 25000.00 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 (2-27-26) | 2.42% |
| 30-Day SEC Yield (11-30-24) | 2.88% |
| 7-Day SEC Yield (12-31-25) | 2.85% |
| Number of Holdings | 720 |
| Bond | |
| Yield to Maturity (1-31-26) | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Calculated Average Quality | -- |
| Effective Maturity | -- |
| Nominal Maturity | -- |
| Number of Bond Holdings | 675 |
As of January 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |