FNBXX Mutual Fund — Fidelity Government Money Market Fund

Fidelity Government Money Market Fund (FNBXX)

Updated October 16, 2026.

FNBXX is a Mutual Fund. its distribution rate is 3.41%, its trailing-12-month yield is 1.74%, its expense ratio is 0.2439%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven).

Fidelity Government Money Market Fund is a money market mutual fund that invests in short-term U.S. government securities and related instruments. It carries a current distribution rate in the low-to-mid range and distributes income monthly. This fund appeals to investors seeking stable, liquid holdings with regular income and minimal credit risk.

FNBXX performance

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

FNBXX key facts

Distribution Safety Score™

50 · Unproven

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Fixed Income

Inception date

04/09/2026

Expense ratio

0.2439%

Distribution rate

3.41%

Distribution frequency

Monthly

Trailing yield

1.74%

Last close

$1.00 (as of 2026-10-16)

NAV

$1.00 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$1,000,000

Average volume

0.0

Dividend

$0.00293

Ex-dividend date

09/30/2026

Payment date

10/01/2026

How Dividend Vision calculates yield and returns

Distribution rate (3.41%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.74%) 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; 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.

FNBXX risks and drawbacks

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

Who may consider FNBXX — and who may not

FNBXX 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 FNBXX

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Tagged: Mutual Fund.

Frequently asked questions

More securities from Fidelity Investments.