- What does FDRXX invest in?
- Government money market fund seeking high current income with capital preservation and liquidity. Invests at least 99.5% of assets in cash, U.S. government securities, and/or fully collateralized repurchase agreements; at least 80% in U.S. government securities and associated repurchase agreements. Has been positioned to serve stablecoin issuers and institutional investors requiring compliant reserve management solutions.
- What is the expense ratio of FDRXX?
- Fidelity Cash Reserves (FDRXX) charges an expense ratio of 0.37%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FDRXX?
- Fidelity Cash Reserves (FDRXX) manages — in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FDRXX actively managed or an index fund?
- FDRXX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FDRXX launched?
- Fidelity Cash Reserves (FDRXX) launched in May 1979 and is managed by Fidelity.
- How has FDRXX performed?
- FDRXX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
