Fidelity Municipal Money Market Fund
FTEXX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Jan 2, 1980
- CIK
- 0000880797
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Municipal Money Market Fund (FTEXX) is a municipal money market mutual fund managed by Fidelity Investments that seeks as high a level of current interest income exempt from federal income tax as is consistent with the preservation of capital and liquidity. The fund invests at least 80% of its assets in high-quality, short-term municipal securities whose interest is exempt from federal income tax, including variable and floating rate securities, municipal repurchase agreements, and tender option bonds; it may invest more than 25% of total assets in municipal securities financing similar projects such as hospitals or airports, while complying with industry-standard money market fund regulations for maturity, liquidity, quality, and diversification. Headquartered in Boston, Massachusetts, the fund operates as part of Fidelity Union Street Trust II and primarily serves retail and institutional investors seeking tax-exempt cash management solutions across the United States. Inception in 1980, FTEXX maintains a stable $1.00 net asset value with a total expense ratio of 0.41%, featuring low weighted average maturities typically measured in days.