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Morningstar

Fidelity Municipal Income FHIGX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 12.12  /  +0.01 %
  • Total Assets 4.7 Bil
  • Adj. Expense Ratio
    0.440%
  • Expense Ratio 0.440%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.89%
  • Effective Duration 6.82 years

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0

Morningstar’s Analysis FHIGX

Will FHIGX 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 FHIGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

This strategy’s steadfast and straightforward approach has held up well over time.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

Fidelity Municipal Income has served investors well by following a consistent and risk-conscious approach executed by a skilled and collaborative team.

by Elizabeth Foos
Rated on Published on

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Portfolio Holdings FHIGX

More FHIGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Municipal Cash Central

2.15 99.7 Mil
Cash and Equivalents

WASHINGTON ST 5%

0.84 39.0 Mil
municipal

METROPOLITAN TRANSN AUTH N Y REV 4%

0.82 38.3 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

0.80 37.4 Mil
municipal

ILLINOIS FIN AUTH REV 5%

0.76 35.4 Mil
municipal

MASSACHUSETTS ST 5.25%

0.72 33.6 Mil
municipal

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

0.64 29.9 Mil
municipal

GEORGIA ST 5%

0.62 28.7 Mil
municipal

NEW YORK ST URBAN DEV CORP REV 4%

0.60 28.0 Mil
municipal

MTA HUDSON RAIL YARDS TR OBLIGS REV 5%

0.56 26.0 Mil
municipal