FSPXX Fees and Costs — Fidelity California Municipal Money Market Fund, Premium Class
Data updated: 2026-05-12
The net expense ratio is 0.30%: a 0.20% management fee plus 0.10% other expenses. There are no sales loads or redemption fees.
FSPXX Fees and Expenses
Annual operating expenses and sales charges of FSPXX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.30% |
| Fee waiver | — |
| Net expense ratio | 0.30% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FSPXX Costs Over Time
On $10,000 invested in FSPXX, assuming 5% a year before costs, total costs come to $190 over 5 years, cutting the return by 0.31% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.30%) | $32 | $99 | $173 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $32 | $104 | $190 |
| Value after costs | $10,468 | $11,472 | $12,573 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
FSPXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $20.7B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
FSPXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $4.9B | 24.89% |
| GOLDMAN SACHS GROUP INC (THE) | $3.0B | 15.36% |
| BARCLAYS PLC | $2.6B | 12.94% |
| BANK OF AMERICA CORPORATION | $2.6B | 12.90% |
| WELLS FARGO and CO | $2.3B | 11.57% |
| US BANCORP DEL | $1.4B | 7.00% |
| MORGAN STANLEY | $1.3B | 6.59% |
| THE TORONTO DOMINION BANK | $676.9M | 3.42% |
| ROYAL BANK OF CANADA | $615.1M | 3.11% |
| BANK NEW YORK MELLON CORP | $437.5M | 2.21% |
Fidelity California Municipal Money Market Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FSBXX | Institutional Class | 0.20% | — |
| FSPXX | Premium Class | 0.30% | — |
| FABXX | Fidelity California Municipal Money Market Fund | 0.42% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.