The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.
Fidelity Municipal Bond Index FMBIX
- NAV / 1-Day Return 18.44 / −0.10 %
- Total Assets 154.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.070%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 2.44%
- Effective Duration 6.12 years
USD | NAV as of May 11, 2024 | 1-Day Return as of May 11, 2024, 4:32 AM GMT+0
Morningstar’s Analysis FMBIX
Will FMBIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 3.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash | 1.04 | 1.6 Mil | Cash and Equivalents |
Fidelity Municipal Cash Central | 0.57 | 886,962 | Cash and Equivalents |
LOUDOUN CNTY VA SANTN AUTH WTR & SWR REV 4% | 0.48 | 745,287 | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 0.43 | 672,982 | municipal |
PORT AUTH N Y & N J 5% | 0.39 | 602,721 | municipal |
SALT LAKE CITY UTAH ARPT REV 5% | 0.35 | 548,420 | municipal |
ILLINOIS FIN AUTH REV 4% | 0.34 | 527,811 | municipal |
TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 4% | 0.34 | 521,681 | municipal |
FAIRFAX CNTY VA 4% | 0.33 | 507,927 | municipal |
OHIO ST WTR DEV AUTH WTR POLLUTN CTL REV 4% | 0.33 | 505,322 | municipal |