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Nov 23: 12.41  Down 0.01 (0.08%)  

Fidelity Municipal Income (FHIGX)

FIDELITY MUNICIPAL INCOME FUND

Net Asset Value:12.41
Trade Time:Nov 23
Change:Down 0.01 (0.08%)
Prev Close:12.42
YTD Return*:12.00%
Net Assets*:5.53B
Yield*:4.16%

* As of 31-Oct-09

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Fund Basics

Morningstar Overall Rating:
Total Assets:5.53B
Category:Muni National Long
Total Expense Ratio:0.47%

Performance & Risk

YTD Return:12.00%
5y Avg Return:3.76%
Rank in Category (ytd):205
% Rank in Category (ytd):77.65%
Beta (3y):0.99
Morningstar Risk Rating:Below average

Fund Summary

The investment seeks high current yield exempt from federal income tax. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It allocates assets across different market sectors and maturities. Potentially the fund invests more than 25% of total assets in municipal securities that finance similar types of projects. View More

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