Morningstar

Fidelity Massachusetts Municipal Income Fund FDMMX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 11.53  /  —
  • Total Assets 1.7B
  • Adj. Expense Ratio
    0.440%
  • Expense Ratio 0.440%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.71%
  • Effective Duration 7.36 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 4:51 AM GMT+0

Morningstar’s Analysis FDMMX

Will FDMMX outperform in the 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 FDMMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FDMMX 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 FDMMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Fidelity Massachusetts Municipal Income holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings FDMMX

More FDMMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Municipal Cash Central

3.61 59M
Cash and Equivalents

MASSACHUSETTS ST 5%

3.16 52M
municipal

MASSACHUSETTS ST 5%

2.35 38M
municipal

MASSACHUSETTS ST 5%

2.04 33M
municipal

MASSACHUSETTS ST TPK AUTH MET HWY SYS REV 0%

1.88 31M
municipal

MASSACHUSETTS ST 3%

1.83 30M
municipal

MASSACHUSETTS ST 5%

1.47 24M
municipal

MASSACHUSETTS ST 5%

1.33 22M
municipal

MASSACHUSETTS ST TRANSN FD REV 5%

1.28 21M
municipal

MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5%

1.13 19M
municipal

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