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Name

As of

Price

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

Fidelity® Municipal Income 2017 Fund

FAVIX |

-

$71.3 M

-

0.40%

Vitals

YTD Return

N/A

1 yr return

0.5%

3 Yr Avg Return

0.5%

5 Yr Avg Return

1.0%

Net Assets

$71.3 M

Holdings in Top 10

0.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.40%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 9.00%

Redemption Fee 0.50%

Min Investment

Standard (Taxable)

$10,000

IRA

$10,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

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

Fidelity® Municipal Income 2017 Fund

FAVIX |

-

$71.3 M

-

0.40%

FAVIX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity® Municipal Income 2017 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    May 19, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kevin Ramundo

Fund Description

FAVIX - Performance

Return Ranking - Trailing

Period FAVIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 5.6% N/A
1 Yr 0.5% -3.2% 5.4% N/A
3 Yr 0.5%* -2.9% 1.5% N/A
5 Yr 1.0%* -1.8% 2.3% N/A
10 Yr N/A* -8.7% 2.4% N/A

* Annualized

Return Ranking - Calendar

Period FAVIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -4.8% 0.8% N/A
2022 N/A -0.9% 5.6% N/A
2021 N/A -6.1% 7.3% N/A
2020 N/A -10.9% 2.6% N/A
2019 N/A -60.4% 12.0% N/A

Total Return Ranking - Trailing

Period FAVIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 5.6% N/A
1 Yr 0.5% -2.9% 6.9% N/A
3 Yr 0.5%* -2.9% 3.2% N/A
5 Yr 1.0%* -1.8% 3.7% N/A
10 Yr N/A* -8.7% 5.0% N/A

* Annualized

Total Return Ranking - Calendar

Period FAVIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -4.8% 1.7% N/A
2022 N/A -0.9% 6.2% N/A
2021 N/A -6.1% 7.3% N/A
2020 N/A -9.6% 3.9% N/A
2019 N/A -60.4% 12.0% N/A

FAVIX - Holdings

Concentration Analysis

FAVIX Category Low Category High FAVIX % Rank
Net Assets 71.3 M 770 K 66.2 B N/A
Number of Holdings 102 3 8426 N/A
Net Assets in Top 10 0 -122 M 2.02 B N/A
Weighting of Top 10 0.00% 2.5% 100.0% N/A

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High FAVIX % Rank
Cash 		100.00% -1.83% 82.44% N/A
Stocks 		0.00% 0.00% 0.01% N/A
Preferred Stocks 		0.00% 0.00% 9.32% N/A
Other 		0.00% -1.53% 30.00% N/A
Convertible Bonds 		0.00% 0.00% 2.58% N/A
Bonds 		0.00% 17.56% 101.83% N/A

FAVIX - Expenses

Operational Fees

FAVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% 0.09% 4.80% N/A
Management Fee 0.30% 0.00% 0.65% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.34% N/A

Sales Fees

FAVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 5.50% N/A

Trading Fees

FAVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.50% 0.25% 2.00% 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.

FAVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.00% 0.00% 504.54% N/A

FAVIX - Distributions

Dividend Yield Analysis

FAVIX Category Low Category High FAVIX % Rank
Dividend Yield 0.00% 0.00% 2.44% N/A

Dividend Distribution Analysis

FAVIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FAVIX Category Low Category High FAVIX % Rank
Net Income Ratio 0.85% 0.01% 4.95% N/A

Capital Gain Distribution Analysis

FAVIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

FAVIX - Fund Manager Analysis

Managers

Kevin Ramundo

Start Date

Tenure

Tenure Rank

May 19, 2011

6.12

6.1%

Kevin Ramundo is lead portfolio manager of Fidelity Municipal Income 2017 Fund, Fidelity Municipal Income 2021 Fund, and Fidelity Municipal Income 2023 Fund and co-manager of Fidelity Municipal Income 2015 Fund and Fidelity Municipal Income 2019 Fund, which he has managed (other than Fidelity Municipal Income 2023 Fund) since May 2011. He has managed Fidelity Municipal Income 2023 Fund since April 2013. He also manages other funds. Since joining Fidelity Investments in 2000, Mr. Ramundo has worked as a research analyst and portfolio manager.

Cormac Cullen

Start Date

Tenure

Tenure Rank

May 02, 2016

1.16

1.2%

Since joining Fidelity Investments in 2007, Mr. Cullen has worked as a research analyst, structured analyst, senior legal counsel, and portfolio manager.

Mark Sommer

Start Date

Tenure

Tenure Rank

May 19, 2011

6.12

6.1%

Sommer is manager of Fidelity funds. Since joining Fidelity in 1992, Sommer has worked as an analyst and manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.5 17.18 3.07 0.5

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