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Morningstar

Fidelity Conservative Inc Muni Bd Retl FMNDX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.01  /  0.00
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.250%
  • Expense Ratio 0.250%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.07%
  • Effective Duration 0.82 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis FMNDX

Will FMNDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMNDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMNDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMNDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity Conservative Inc Muni Bd Retl's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FMNDX

More FMNDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 3.54%

3.22 48.1 Mil
municipal

MIZUHO FLOATER / RESIDUAL TR VAR STS 3.7%

2.18 32.6 Mil
municipal

CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5%

2.04 30.4 Mil
municipal

Fidelity Municipal Cash Central

2.00 29.9 Mil
Cash and Equivalents

RIB FLOATER TR VARIOUS STS 3.75%

1.87 27.9 Mil
municipal

MIZUHO FLOATER / RESIDUAL TR VAR STS 3.67%

1.81 27.1 Mil
municipal

MIZUHO FLOATER / RESIDUAL TR VAR STS 3.67%

1.70 25.4 Mil
municipal

ST JAMES PARISH LA REV 3.79%

1.69 25.2 Mil
municipal

MIZUHO FLOATER / RESIDUAL TR VAR STS 3.7%

1.64 24.6 Mil
municipal

MEADE CNTY KY INDL BLDG REV 3.87%

1.49 22.2 Mil
municipal