FZEXX — Fidelity Tax-Exempt Money Market Fund
Data updated: 2026-01-13
FZEXX — Fidelity Tax-Exempt Money Market Fund. Money Market · 0.30% expense ratio. Holdings, fees, performance and SEC filings.
FZEXX Fund Overview
FZEXX — Fidelity Tax-Exempt Money Market Fund is a US mutual fund managed by Fidelity Newbury Street Trust, 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 Newbury Street Trust
- Category: Money Market
- Ticker: FZEXX
- SEC CIK: 0000704207
- SEC series ID: S000007504
- Share class ID: C000154297
FZEXX Investment Objective and Strategy
Fidelity Tax-Exempt Money Market Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Newbury Street Trust.
Investment objective
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.
Principal investment strategy
Normally investing in municipal money market securities. Normally investing at least 80% of assets in municipal securities whose interest is exempt from federal income tax. Normally not investing in municipal securities whose interest is subject to the federal alternative minimum tax. Potentially investing up to 20% of assets in securities subject to state and/or federal 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.
FZEXX Holdings
Top 10 holdings of Fidelity Tax-Exempt 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 | 10.88% |
| South Carolina Assn Govt Orgt | 1.87% |
| Connecticut St | 1.21% |
| Harris Cnty TX Cultural Ed Facs Fin Corp Rev | 1.08% |
| Valdez Alaska Marine Term Rev | 0.96% |
| Harris Cnty TX Cultural Ed Facs Fin Corp Rev | 0.90% |
| Delaware Valley Regl Fin Auth PA Local Gov Rev | 0.77% |
| Ct St Bc17-16 Bc/bc D7 | 0.74% |
| Co. Commonspirit Hlth Wf26-003 Wf/wf D7 | 0.68% |
| Houston TX Util Sys Rev | 0.65% |
FZEXX Costs and Fees
FZEXX costs about $30 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.30%
- Gross expense ratio: 0.37%
FZEXX Debt Constituents
No individual debt constituents are reported in Fidelity Tax-Exempt Money Market Fund's latest SEC N-PORT filing.
FZEXX Prospectus and SEC Filings
Official Fidelity Tax-Exempt 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.