SPAXX Yield and Fund Details
Fidelity Government Money Market Fund
- 7-day yield
- 3.52%
- Expense ratio
- 0.42%
Details
- Last checked
- Oct 22, 2026
- Provider date
- Oct 20, 2026
- Last attempt
- Oct 22, 2026
Government money-market fund
Minimum investment: $0 reported; account exceptions may apply
Reported net yields already include expenses.
Official SPAXX yield and termsState tax · 2025
U.S. government income: 50.9%. Fidelity 2025 tax report
No exemption in California, Connecticut or New York; the fund does not meet their thresholds. Other state rules apply.
What 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 |
|---|---|
| 2026-10-22 | 3.52% |
| 2026-10-21 | 3.51% |
| 2026-10-20 | 3.51% |
| 2026-10-19 | 3.50% |
| 2026-10-18 | 3.50% |
| 2026-10-17 | 3.50% |
| 2026-10-16 | 3.50% |
| 2026-10-15 | 3.50% |
| 2026-10-14 | 3.50% |
| 2026-10-13 | 3.50% |
| 2026-10-12 | 3.49% |
| 2026-10-11 | 3.49% |
| 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% |
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.