Fidelity Massachusetts Municipal Income Fund (FDMMX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
11.48
0.00 (0.00%)
Aug 30, 2024, 8:01 PM EDT
3.33% (1Y)
| Fund Assets | 1.72B |
| Expense Ratio | 0.45% |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.61% |
| Dividend Growth | 16.85% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2024 |
| Previous Close | 11.48 |
| YTD Return | 1.02% |
| 1-Year Return | 5.60% |
| 5-Year Return | 1.17% |
| 52-Week Low | 10.65 |
| 52-Week High | 11.54 |
| Beta (5Y) | 0.92 |
| Holdings | 472 |
| 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
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FDMMX
Index Bloomberg Municipal Bond TR
Performance
FDMMX had a total return of 5.60% in the past year. Since the fund's inception, the average annual return has been 4.27%, including dividends.
Top 10 Holdings
16.96% of assets| Name | Symbol | Weight |
|---|---|---|
| MASSACHUSETTS ST 5% | MA MAS 5 09.01.2049 | 3.09% |
| MASSACHUSETTS ST 5% | MA MAS 5 11.01.2052 | 2.64% |
| MASSACHUSETTS ST 3% | MA MAS 3 02.01.2048 | 1.76% |
| MASSACHUSETTS ST TPK AUTH MET HWY SYS REV 0% | MA MASTRN 0 01.01.2029 | 1.65% |
| MASSACHUSETTS ST 5% | MA MAS 5 11.01.2050 | 1.44% |
| Cash | n/a | 1.36% |
| MASSACHUSETTS ST 5.25% | MA MAS 5.25 01.01.2033 | 1.34% |
| MASSACHUSETTS ST DEV FIN AGY REV 5% | MA MASDEV 5 07.01.2031 | 1.30% |
| MASSACHUSETTS ST DEV FIN AGY REV 4% | MA MASDEV 4 07.01.2043 | 1.20% |
| MASSACHUSETTS ST TRANSN FD REV 5% | MA MASTRN 5 06.01.2049 | 1.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2024 | $0.02567 | Aug 1, 2024 |
| Jun 30, 2024 | $0.0247 | Jul 1, 2024 |
| May 31, 2024 | $0.02557 | Jun 3, 2024 |
| Apr 30, 2024 | $0.02477 | May 1, 2024 |
| Mar 31, 2024 | $0.02575 | Apr 1, 2024 |
| Feb 29, 2024 | $0.02351 | Mar 1, 2024 |