Skip to Content
Morningstar

Fidelity® Municipal Income FHIGX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
11.90  /  0.18 %
Total Assets
4.0 Bil
Adj. Expense Ratio
0.450%
Expense Ratio
0.450%
Fee Level
Below Average
Longest Manager Tenure
6.58 years
Category
Muni National Long
Credit Quality / Interest Rate Sensitivity
Medium / Extensive
Min. Initial Investment
0
Status
Open
TTM Yield
2.44%
Effective Duration
7.70 years

USD | NAV as of Nov 30, 2022 | 1-Day Return as of Nov 30, 2022, 10:32 PM GMT+00:00

Morningstar’s Fund 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.

A risk-conscious approach that has served muni investors well over the long term

Associate Director

Summary

|

The team managing Fidelity Municipal Income is skilled and collaborative. This and the strategy's consistent and distinctive approach serve investors well, resulting in a Morningstar Analyst Rating of Silver for the strategy's cheapest share classes, while its more expensive share classes earn Bronze and Neutral ratings.

Unlock our full analysis with Morningstar Investor