Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
0.33% 2.958B 0.49% --
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-538.75M 0.48% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to provide as high a level of current income, exempt from federal income taxes, as is consistent with liquidity and stability of principal. The fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal income tax. Normally it will not invest in municipal securities whose interest is subject to the federal alternative minimum tax. The fund will potentially invest up to 20% of assets in securities subject to state and/or federal income tax and invest more than 25% of total assets in municipal securities that finance similar types of projects.
General
Security Type Money Market Fund
Oldest Share Symbol FDEXX
Equity Style --
Fixed Income Style --
Broad Asset Class Money Market
Broad Category Money Market
Category Name Money Market-Tax-Free
Category Index ICE BofA USD 3M Dep OR CM TR USD
Prospectus Objective Money Mkt - Federal Tax Exempt
Fund Owner Firm Name Fidelity Investments
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUTB13MTR 100.0%
Manager Tenure
Management Team 13.85 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 80
-538.75M
-3.357B Category Low
7.354B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of November 30, 2020

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
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As of December 03, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Name
2013
2014
2015
2016
2017
2018
2019
YTD
0.01%
0.02%
0.01%
0.24%
0.58%
1.17%
1.31%
0.40%
0.05%
0.02%
0.03%
0.26%
0.82%
1.82%
2.21%
0.54%
0.01%
0.02%
0.01%
0.15%
0.52%
1.11%
1.24%
0.38%
0.01%
0.01%
0.01%
0.11%
0.43%
0.97%
1.09%
0.35%
0.02%
0.03%
0.08%
0.32%
0.66%
1.25%
1.31%
0.43%
--
--
--
--
--
--
1.44%
0.53%
As of December 03, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (12-3-20) 0.49%
30-Day SEC Yield --
7-Day SEC Yield (11-27-20) Upgrade
Number of Holdings Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price --
As of October 31, 2020

Asset Allocation

As of October 31, 2020.
Type % Net % Long % Short
Cash 12.79% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 82.46% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 4.75% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Fidelity Revere Str Tr
4.75% -- --
TEXAS ST
3.66% -- --
NEW YORK ST DORM AUTH ST PERS INCOME TAX REV
1.93% -- --
LOUISIANA ST GAS & FUELS TAX REV
1.44% -- --
CLIPPER TAX-EXEMPT CTF TR
1.43% -- --
RBC MUN PRODS INC TR VARIOUS STS
1.28% -- --
RIB FLOATER TR VARIOUS STS
1.13% -- --
MARYLAND ST
1.08% -- --
TENDER OPT BD TR RCPTS / CTFS VAR STS
1.06% -- --
TENDER OPT BD TR RCPTS / CTFS VAR STS
1.00% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks to provide as high a level of current income, exempt from federal income taxes, as is consistent with liquidity and stability of principal. The fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal income tax. Normally it will not invest in municipal securities whose interest is subject to the federal alternative minimum tax. The fund will potentially invest up to 20% of assets in securities subject to state and/or federal income tax and invest more than 25% of total assets in municipal securities that finance similar types of projects.
General
Security Type Money Market Fund
Oldest Share Symbol FDEXX
Equity Style --
Fixed Income Style --
Broad Asset Class Money Market
Broad Category Money Market
Category Name Money Market-Tax-Free
Category Index ICE BofA USD 3M Dep OR CM TR USD
Prospectus Objective Money Mkt - Federal Tax Exempt
Fund Owner Firm Name Fidelity Investments
Prospectus Benchmark Index
N/A 100.0%
Broad Asset Class Benchmark Index
^BBUTB13MTR 100.0%
Manager Tenure
Management Team 13.85 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (12-3-20) 0.49%
30-Day SEC Yield --
7-Day SEC Yield (11-27-20) Upgrade
Number of Holdings Upgrade
Bond
Current Yield --
Yield to Maturity --
Effective Duration --
Average Coupon --
Average Credit Score --
Average Price --
As of October 31, 2020

Fund Details

Key Dates
Inception Date 4/6/2015
Last Annual Report Date 10/31/2019
Last Prospectus Date 12/30/2019
Share Classes
FDEXX Other
FERXX Other
FMOXX Other
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No