Fidelity Massachusetts Municipal Income Fund (FDMMX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
11.14
+0.01 (0.09%)
May 16, 2025, 8:09 AM EDT
-2.02% (1Y)
| Fund Assets | 1.70B |
| Expense Ratio | 0.45% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.71% |
| Dividend Growth | 2.42% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 11.13 |
| YTD Return | -0.85% |
| 1-Year Return | 0.34% |
| 5-Year Return | 1.06% |
| 52-Week Low | 10.88 |
| 52-Week High | 11.59 |
| Beta (5Y) | 0.24 |
| Holdings | 427 |
| Inception Date | Nov 10, 1983 |
About FDMMX
The fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Massachusetts personal income taxes. It allocates assets across different market sectors and maturities. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.
Fund Family Fidelity
Category Muni Massachusetts
Stock Exchange NASDAQ
Ticker Symbol FDMMX
Index Bloomberg Municipal Bond TR
Performance
FDMMX had a total return of 0.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.17%.
Top 10 Holdings
24.40% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Municipal Cash Central | n/a | 7.97% |
| MASSACHUSETTS ST 5% | MA.MAS 5 09.01.2049 | 3.02% |
| MASSACHUSETTS ST 5% | MA.MAS 5 11.01.2052 | 2.57% |
| MASSACHUSETTS ST 5% | MA.MAS 5 12.01.2037 | 2.21% |
| MASSACHUSETTS ST TPK AUTH MET HWY SYS REV 0% | MA.MASTRN 0 01.01.2029 | 1.72% |
| MASSACHUSETTS ST 3% | MA.MAS 3 02.01.2048 | 1.68% |
| MASSACHUSETTS ST 5% | MA.MAS 5 11.01.2050 | 1.41% |
| MASSACHUSETTS ST 5.25% | MA.MAS 5.25 01.01.2033 | 1.33% |
| MASSACHUSETTS ST 5% | MA.MAS 5 12.01.2036 | 1.25% |
| MASSACHUSETTS ST TRANSN FD REV 5% | MA.MASTRN 5 06.01.2053 | 1.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.02566 | May 1, 2025 |
| Mar 31, 2025 | $0.02589 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02244 | Mar 3, 2025 |
| Jan 31, 2025 | $0.025 | Feb 3, 2025 |
| Dec 31, 2024 | $0.02506 | Jan 2, 2025 |
| Dec 6, 2024 | $0.001 | Dec 9, 2024 |