FLGXX Money Market — Fidelity Flex Government Money Market Fund

Fidelity Flex Government Money Market Fund (FLGXX)

Updated October 16, 2026.

FLGXX is a Money Market. its distribution rate is 3.79%, its trailing-12-month yield is 1.88%, its expense ratio is 0.00%.

Fidelity Flex Government Money Market Fund is a money market fund that seeks current income while preserving capital and liquidity by investing at least 99.5% of assets in cash, U.S. Government securities, and repurchase agreements fully collateralized by these instruments. The fund carries a zero expense ratio and distributes income monthly. It appeals to investors seeking stable, short-term income with minimal credit risk and maximum liquidity.

FLGXX performance

Returns are updating. FLGXX's total return appears here after the next nightly update.

FLGXX key facts

Issuer

Fidelity Investments

Asset type

Money Market

Asset class

Fixed Income

Inception date

03/08/2017

Expense ratio

0.00%

Distribution rate

3.79%

Distribution frequency

Monthly

Trailing yield

1.88%

Last close

$1.00 (as of 2026-10-16)

AUM

$214,970,000

Average volume

0.0

Dividend

$0.00316

Ex-dividend date

09/30/2026

Payment date

10/01/2026

How Dividend Vision calculates yield and returns

Distribution rate (3.79%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.88%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FLGXX risks and drawbacks

FLGXX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income.

Who may consider FLGXX — and who may not

FLGXX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on FLGXX

• All tickers starting with F

Tagged: Money Market, Cash, Treasury.

Frequently asked questions

More securities from Fidelity Investments.