Basically a mutual fund (a fund that pools everyone’s money) that invests in cash and cash-like stuff… like CDs. Fidelity Money Market Funds Current performance may be higher or lower than that quoted. It is earning 0.25% right now. Get access to regulatory documents for Fidelity Money Market Funds below. The reality is that in the past the rate environment was such that these funds would do as good as or better than a standard savings. However, certain types of accounts may offer different options from those listed here. The first is the Fidelity Government Money Market Fund (SPAXX). $0.00. Explore all your sweep options. Performance shown does not reflect … 0.00% … the SPAXX is a money market fund that just generates interest. SPAXX | A complete Fidelity Government Money Market Fund mutual fund overview by MarketWatch. In fact, over the last year, SHY has been losing money. View mutual fund news, mutual fund market and mutual fund interest rates. The indicated rate of return for each money market fund is an annualized historical yield based on the seven-day period ended as indicated and annualized in the case of effective yield by compounding the seven-day return and does not represent an actual one-year return. Research current and historical price charts, top holdings, management and full profile. Performance charts for Fidelity Money Market Fund (SPRXX - Type MMF) including intraday, historical and comparison charts, technical analysis and trend lines. Fidelity’s government and U.S. Treasury money market funds will not impose a fee upon the sale of your shares, nor temporarily suspend your ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors. And, SHY has been losing value at a rate greater than its yield. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Normally invests at least 99.5% of the fund's total assets in cash, U.S. Government securities and/or repurchase agreements that are collateralized fully. The graph below shows the percentage of weekly liquid assets over the last seven months for the fund. 10 year yield history. Performance data shown represents past performance and is no guarantee of future results. Fidelity launched the Fidelity Government Money Market Fund (SPAXX) in 1990, and boasts $162.47 billion in total assets as of April 2020, making … FZDXX | A complete Fidelity Money Market Fund;Premium mutual fund overview by MarketWatch. Investment return will fluctuate, so you may have a gain or loss when shares are sold. Learn more about mutual funds at fidelity… View prospectus, summary prospectus, XBRL and related documents when available. See more information on these and other money market funds. A Money Market Fund like the example above with ticker SPAXX is a fund that basically invests in cash. It holds cash, CDs, possibly very short term treasuries, etc. Find real-time SPAXX - Fidelity® Government Money Market Fund stock quotes, company profile, news and forecasts from CNN Business. Add to Watchlist. Fidelity Government Money Market Fund (SPAXX) Seeks as high a level of current income as is consistent with preservation of capital and liquidity. If you require any other information about a Fidelity fund or product, please contact your financial advisor. Menu. Although such funds may appear simple investments, you need to look beyond just current yield and expense ratio to figure out the best Fidelity money market fund for … Analyze the Fund Fidelity ® Government Money Market Fund having Symbol SPAXX for type workplacefunds and perform research on other mutual funds. Fidelity offers two funds that can be used for this purpose. Money markets invest in extremely short term securities. 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