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Name

As of 04/29/2024

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 Core Plus Bond Fund

FMBEX | Fund

$10.00

$53.9 M

3.34%

$0.33

2.15%

Vitals

YTD Return

-1.7%

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 04/29/2024

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 Core Plus Bond Fund

FMBEX | Fund

$10.00

$53.9 M

3.34%

$0.33

2.15%

FMBEX - Profile

Distributions

  • YTD Total Return -1.7%
  • 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
DIVIDENDS
  • Dividend Yield 3.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Municipal Core Plus Bond Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Feb 24, 2023
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US

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 -1.7% 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 -1.7% 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

  1. Fidelity Municipal Cash Central Fund 4.89%
  2. CLARK NV ARPT 5% 7/1/2025 @ 3.27%
  3. PR SALES TAX 4.329% 7/1/2040 2.29%
  4. PA ST 5% 9/1/2031 2.15%
  5. NEW JERSEY ECN 5.25% 6/15/2038 2.14%
  6. NYC NY 5% 8/1/2028 2.03%
  7. CT ST 5% 4/15/2037 1.98%
  8. NYC NY 5% 8/1/2025 1.90%
  9. NTHSIDE TX ISD 3% MT 1.83%
  10. 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

View More +

FMBEX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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