FSMNX : Fidelity® SAI Municipal Income Fund

FSMNX is a Bond Market Municipal Bond with LOW fees.

FSMNX

Fidelity® SAI Municipal Income Fund

FI Score

74 /100

Expense Ratio Rating

9 /10

Expense Rating

6 /10

Market Score

7 /10

Category Score

8 /10

Market Size

7 /10

74% FI Score
  • fsmnx
  • Mutual Fund
  • Bond
  • Municipal Bond

Fidelity® SAI Municipal Income Fund

Expenses: 0.36% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why »

Fund Summary

The investment seeks to provide a high current yield exempt from federal income tax. The fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. The advisor manages the fund to have similar overall interest rate risk to an index designed to represent Fidelity Management & Research Company (FMR)'s view of how the fund's competitive universe will perform over time. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects.

Largest Holdings

Amount Holding
1.11% NEW JERSEY ECONOMIC DEV AUTH REV 5%
1.00% COLORADO HEALTH FACS AUTH REV 5%
0.79% KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%
0.63% ILLINOIS ST 5%
0.61% DISTRICT COLUMBIA REV 5%
0.60% LOWER ALA GAS DIST GAS PROJ REV 4%
0.60% ILLINOIS FIN AUTH REV 5%
0.59% SOUTH CAROLINA ST PUB SVCS AUTH REV 5.5%
0.57% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
0.57% MASSACHUSETTS ST DEV FIN AGY REV 5%
0.53% MASSACHUSETTS ST DEV FIN AGY REV 5%
0.52% MASSACHUSETTS ST DEV FIN AGY REV 5%
0.52% ILLINOIS FIN AUTH REV 5%
0.52% NORTH TEX TWY AUTH REV 5%
0.47% ILLINOIS ST 5%
0.44% ILLINOIS FIN AUTH REV 5%
0.44% NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV 5%
0.42% BURKE CNTY GA DEV AUTH POLLUTN CTL REV 2.92%
0.42% METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5%
0.42% ILLINOIS FIN AUTH REV 4.12%
0.41% CHICAGO ILL 5%
0.41% AUSTIN TEX ARPT SYS REV 5%
0.40% NEW JERSEY ST TRANSN TR FD AUTH 5.25%
0.40% MAINE HEALTH & HIGHER EDL FACS AUTH REV 5%
0.39% RAILSPLITTER TOB SETTLEMENT AUTH ILL SETTLEMENT REV 5%

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