Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-1.6%
1 yr return
1.8%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$53.9 M
Holdings in Top 10
24.3%
52 WEEK LOW AND HIGH
$10.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FMBEX - Profile
Distributions
- YTD Total Return -1.6%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 3.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Municipal Core Plus Bond Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateFeb 24, 2023
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
Normally investing at least 80% of assets in municipal securities whose interest is exempt from federal income tax.Investing up to 30% of assets in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).Investing up to 20% of assets in securities that are not municipal securities exempt from federal income tax, including, but not limited to, taxable municipal bonds, U.S. Treasury and Government agency issues, and investment-grade corporate bonds.Managing the fund to have similar overall interest rate risk to the supplemental index.Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.Allocating assets across different market sectors and maturities.Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects.Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default), options, and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.
Read More
FMBEX - Performance
Return Ranking - Trailing
Period | FMBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.6% | N/A | N/A | N/A |
1 Yr | 1.8% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FMBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | FMBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.6% | N/A | N/A | N/A |
1 Yr | 1.8% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FMBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
NAV & Total Return History
FMBEX - Holdings
Concentration Analysis
FMBEX | Category Low | Category High | FMBEX % Rank | |
---|---|---|---|---|
Net Assets | 53.9 M | N/A | N/A | N/A |
Number of Holdings | 278 | N/A | N/A | N/A |
Net Assets in Top 10 | 13.2 M | N/A | N/A | N/A |
Weighting of Top 10 | 24.26% | N/A | N/A | N/A |
Top 10 Holdings
- Fidelity Municipal Cash Central Fund 4.89%
- CLARK NV ARPT 5% 7/1/2025 @ 3.27%
- PR SALES TAX 4.329% 7/1/2040 2.29%
- PA ST 5% 9/1/2031 2.15%
- NEW JERSEY ECN 5.25% 6/15/2038 2.14%
- NYC NY 5% 8/1/2028 2.03%
- CT ST 5% 4/15/2037 1.98%
- NYC NY 5% 8/1/2025 1.90%
- NTHSIDE TX ISD 3% MT 1.83%
- KING WA MHSG 3.25% 5/1/33 1.78%
Asset Allocation
Weighting | Return Low | Return High | FMBEX % Rank | |
---|---|---|---|---|
Bonds | 97.70% | N/A | N/A | N/A |
Cash | 4.89% | N/A | N/A | N/A |
Stocks | 0.00% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | FMBEX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 4.89% | N/A | N/A | N/A |
Derivative | 0.00% | N/A | N/A | N/A |
Securitized | 0.00% | N/A | N/A | N/A |
Corporate | 0.00% | N/A | N/A | N/A |
Municipal | 0.00% | N/A | N/A | N/A |
Government | 0.00% | N/A | N/A | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FMBEX % Rank | |
---|---|---|---|---|
US | 97.70% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
FMBEX - Expenses
Operational Fees
FMBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.15% | N/A | N/A | N/A |
Management Fee | 0.52% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
FMBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
FMBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FMBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
FMBEX - Distributions
Dividend Yield Analysis
FMBEX | Category Low | Category High | FMBEX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.34% | N/A | N/A | N/A |
Dividend Distribution Analysis
FMBEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None |
Net Income Ratio Analysis
FMBEX | Category Low | Category High | FMBEX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
FMBEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.028 | OrdinaryDividend |
Mar 01, 2024 | $0.026 | OrdinaryDividend |
Feb 01, 2024 | $0.027 | OrdinaryDividend |
Jan 01, 2024 | $0.027 | OrdinaryDividend |
Dec 01, 2023 | $0.027 | OrdinaryDividend |
Nov 01, 2023 | $0.028 | OrdinaryDividend |
Oct 01, 2023 | $0.027 | OrdinaryDividend |
Sep 01, 2023 | $0.027 | OrdinaryDividend |
Aug 01, 2023 | $0.027 | OrdinaryDividend |
Jul 01, 2023 | $0.027 | OrdinaryDividend |
Jun 01, 2023 | $0.027 | OrdinaryDividend |
May 01, 2023 | $0.026 | OrdinaryDividend |
Apr 01, 2023 | $0.026 | OrdinaryDividend |
Mar 01, 2023 | $0.011 | OrdinaryDividend |