Fidelity Massachusetts Municipal Income Fund (FDMMX)

Fund Assets	1.60B
Expense Ratio	0.449%
Min. Investment	$0.00
Turnover	16.00%
Dividend (ttm)	0.32
Dividend Yield	2.91%
Dividend Growth	5.37%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.91
YTD Return	-2.31%
1-Year Return	-1.03%
5-Year Return	-0.24%
52-Week Low	10.72
52-Week High	11.69
Beta (5Y)	0.26
Holdings	470
Inception Date	Nov 10, 1983

About FDMMX

Fidelity Massachusetts Municipal Income Fund is a municipal bond mutual fund designed to provide investors with a high level of current income exempt from both federal and Massachusetts personal income taxes. The fund primarily invests at least 80% of its assets in investment-grade municipal securities that finance public projects within Massachusetts, focusing on securities such as general obligation and revenue bonds used for state infrastructure, development, and other public purposes. With a large and diversified portfolio typically exceeding 400 holdings, the fund offers monthly distributions and is managed to maintain medium credit quality and interest rate sensitivity. Its low expense ratio and no minimum initial investment requirement highlight its accessibility, while its role in the market centers on offering tax-advantaged income solutions tailored specifically for Massachusetts residents or others seeking exposure to the state's municipal securities market. Established in 1983, the fund is recognized for its experienced management and disciplined investment process, positioning it as a specialized vehicle for municipal income within a single-state focus.

• Fund Family: Fidelity
• Category: Muni Massachusetts
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FDMMX
• Index: Bloomberg Municipal Bond TR

Performance

FDMMX had a total return of -1.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02814	Oct 1, 2026
Aug 31, 2026	$0.02837	Sep 1, 2026
Jul 31, 2026	$0.02812	Aug 3, 2026
Jun 30, 2026	$0.02659	Jul 1, 2026
May 31, 2026	$0.02712	Jun 1, 2026
Apr 30, 2026	$0.02648	May 1, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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