FABXX — Fidelity California Municipal Money Market Fund
Data updated: 2026-05-12
FABXX — Fidelity California Municipal Money Market Fund. Money Market · 0.42% expense ratio. Holdings, fees, performance and SEC filings.
FABXX Fund Overview
FABXX — Fidelity California Municipal Money Market Fund is a US mutual fund managed by Fidelity California Municipal Trust II, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity California Municipal Trust II
- Category: Money Market
- Ticker: FABXX
- SEC CIK: 0000878662
- SEC series ID: S000005493
- Share class ID: C000238263
FABXX Investment Objective and Strategy
Fidelity California Municipal Money Market Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity California Municipal Trust II.
Investment objective
Fidelity California Municipal Money Market Fund seeks as high a level of current income, exempt from federal income tax and California state personal income tax, as is consistent with the preservation of capital.
Principal investment strategy
Normally investing at least 80% of assets in municipal securities whose interest is exempt from federal and California personal income taxes. Municipal money market securities are high-quality, short-term debt securities that pay a fixed, variable, or floating interest rate, and include variable rate demand notes, commercial paper, and municipal notes. Municipal securities are issued to raise money for a variety of public and private purposes, including general financing for state and local governments, financing for eligible non-profit organizations, or financing for a specific project or public facility. Normally investing in municipal money market securities. Potentially investing up to 20% of assets in municipal securities whose interest is subject to California personal income tax. Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects.
Investing in compliance with industry-standard regulatory requirements for money market funds for the quality, maturity, liquidity, and diversification of investments.
FABXX Holdings
Top 10 holdings of Fidelity California Municipal Money Market Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Revere Street Trust | 13.82% |
| Ca St Wf26-002 Q=wf D1 | 3.22% |
| San Francisco CA City & County Airports Commission International Airport Revenue | 2.01% |
| San Diego Noble CT Apts | 1.88% |
| San Francisco CA City & County Airports Commission International Airport Revenue | 1.52% |
| San Francisco Ca Mshg Mariposa Apts 2024-Miz9199 E-Bam(mz)/mz D7 | 1.38% |
| Ca Commonspirit Hlth Bc23-007 Bc/bc D35 | 1.20% |
| Los Angeles Cnty Calif | 1.19% |
| Ca St Wf26-001 Q=wf D7 | 1.08% |
| Los Angeles Unified School District/CA | 1.02% |
FABXX Costs and Fees
FABXX costs about $42 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.42%
- Gross expense ratio: 0.42%
FABXX Debt Constituents
No individual debt constituents are reported in Fidelity California Municipal Money Market Fund's latest SEC N-PORT filing.
FABXX Prospectus and SEC Filings
Official Fidelity California Municipal Money Market Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.