Fidelity Municipal Money Market Mutual Funds

Municipal fund features

  • Invest in municipal securities with income that is normally free from federal income tax, federal alternative minimum tax (AMT), or state income tax
  • For nonretirement accounts
  • May impose redemption fee or temporarily halt redemptions if fund liquidity falls below regulatory limits during a period of extraordinary market stress
  • Retail funds able to transact at traditional, stable $1.00 net asset value (NAV) per share
  • Available only to "natural person" investors who are not corporations or other types of organizations

Available funds

National retail

For investors seeking federal tax-free income
Fidelity Municipal

For investors seeking federal AMT-free income
Fidelity Tax-Exempt

For investments of $25,000+ or $1 million+
Fidelity Tax-Exempt – Premium Class
FIMM Tax-Exempt – Class I

State retail

California Municipal (FABXX)
Massachusetts Municipal (FAUXX)
New Jersey Municipal (FAYXX)
New York Municipal (FAWXX)

For investments of $25,000+
California Municipal - Premium Class (FSPXX)
Massachusetts Municipal - Premium Class (FMSXX)
New Jersey Municipal - Premium Class (FSJXX)
New York Municipal - Premium Class (FSNXX)

For investments of $1 million+ 
California Municipal – IL Class (FSBXX)
Massachusetts Municipal – IL Class (FMAXX)
New Jersey Municipal – IL Class (FSKXX)
New York Municipal – IL Class (FNKXX)