FZFXX Fees and Costs — Fidelity Treasury Money Market Fund
Data updated: 2026-01-13
The net expense ratio is 0.42%: a 0.25% management fee plus 0.17% other expenses. There are no sales loads or redemption fees.
FZFXX Fees and Expenses
Annual operating expenses and sales charges of FZFXX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.42% |
| Fee waiver | — |
| Net expense ratio | 0.42% |
| 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 |
FZFXX Costs Over Time
On $10,000 invested in FZFXX, assuming 5% a year before costs, total costs come to $266 over 5 years, cutting the return by 0.44% 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 0.42%) | $44 | $138 | $242 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $145 | $266 |
| Value after costs | $10,456 | $11,431 | $12,497 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
FZFXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.45T
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
FZFXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| FEDERAL RESERVE BANK OF NY | $696.7B | 23.31% |
| BANK NEW YORK MELLON CORP | $529.7B | 17.72% |
| STATE STREET CORP | $496.6B | 16.62% |
| GOLDMAN SACHS GROUP INC (THE) | $267.0B | 8.93% |
| CREDIT AGRICOLE SA | $260.2B | 8.71% |
| BNP PARIBAS | $224.5B | 7.51% |
| ING GROEP NV | $158.7B | 5.31% |
| BARCLAYS PLC | $152.7B | 5.11% |
| MORGAN STANLEY | $123.5B | 4.13% |
| SUMITOMO MITSUI FINANCIAL GROUP INC | $78.8B | 2.64% |
Fidelity Treasury 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 |
|---|---|---|---|
| FZFXX | Fidelity Treasury Money Market Fund | 0.42% | — |
| FDUXX | Daily Money Class | 0.70% | — |
| FSRXX | Capital Reserves Class | 0.95% | — |
| FDCXX | Advisor Class C | 1.45% | — |
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.