Fidelity Municipal Money Market Mutual Funds

Fidelity money market mutual funds are aligned with new U.S. Securities and Exchange Commission (SEC) rules that Fidelity implemented on October 1, 2016. Below are details about available municipal funds.

Municipal fund features

  • Invest in municipal securities with income that is normally free from federal income tax, federal alternative minimum tax (AMT), and/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

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What are money market funds?

Learn more about money market funds, a type of fixed income mutual fund that invests in debt securities characterized by their short maturities and minimal credit risk.