SPAXX Yield and Fund Details
Fidelity Government Money Market Fund
- 7-day yield
- 3.49%
- Expense ratio
- 0.42%
Details
Government money-market fund
Minimum investment: $0 reported; account exceptions may apply
Reported net yields already include expenses.
Official SPAXX yield and termsWhat the fund holds
Cash, government securities and fully collateralized repurchase agreements.
Access to your cash
Available as a core position in eligible Fidelity accounts. Check your account's selected core position before assuming cash is invested in this fund.
Fund shares are investments, not FDIC- or NCUA-insured deposits. Yield and principal risks differ from a savings account. Product conventions checked September 7, 2026; rate observation dates are shown separately.
Recent yield observations
| Observation date | 7-day yield |
|---|---|
| 2026-10-10 | 3.49% |
| 2026-10-09 | 3.49% |
| 2026-10-08 | 3.49% |
| 2026-10-07 | 3.49% |
| 2026-10-06 | 3.49% |
| 2026-10-05 | 3.49% |
| 2026-10-04 | 3.49% |
| 2026-10-03 | 3.49% |
| 2026-10-02 | 3.48% |
| 2026-10-01 | 3.48% |
| 2026-09-30 | 3.47% |
| 2026-09-29 | 3.47% |
| 2026-09-28 | 3.46% |
| 2026-09-27 | 3.46% |
| 2026-09-26 | 3.46% |
| 2026-09-25 | 3.45% |
| 2026-09-24 | 3.43% |
| 2026-09-23 | 3.41% |
| 2026-09-22 | 3.40% |
| 2026-09-21 | 3.36% |
| 2026-09-20 | 3.36% |
| 2026-09-19 | 3.35% |
| 2026-09-18 | 3.34% |
| 2026-09-17 | 3.34% |
| 2026-09-16 | 3.33% |
| 2026-09-15 | 3.33% |
| 2026-09-14 | 3.34% |
| 2026-09-13 | 3.34% |
| 2026-09-12 | 3.34% |
| 2026-09-11 | 3.34% |
Taxes and comparisons
State exemption depends on the fund's actual annual income allocation and your state's rules. A Treasury-focused name does not establish a 100% exemption. Use the tax-year assumptions in the after-tax comparison.