Fidelity SAI Enhanced Municipal Income (FENCX)
| Fund Assets | 1.13B |
| Expense Ratio | 0.15% |
| Min. Investment | $0.00 |
| Turnover | 21.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.22% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.23 |
| YTD Return | 1.29% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.35 |
| 52-Week High | 10.23 |
| Beta (5Y) | n/a |
| Holdings | 1994 |
| Inception Date | n/a |
About FENCX
Fidelity SAI Enhanced Municipal Income Fund is an actively managed municipal bond mutual fund focused on delivering a high level of current income that is exempt from federal income tax. The fund normally invests at least 80% of assets in municipal securities, emphasizing investment‑grade bonds and employing a research‑driven process that considers valuation, credit quality, momentum, and other systematic factors to enhance risk‑adjusted income potential. Positioned within the muni national intermediate category, it targets a diversified mix across states and sectors such as general obligation, essential services, transportation, healthcare, and education revenue bonds, aiming to balance income stability with interest‑rate sensitivity. The fund distributes income, reflecting its objective and the cash‑flow profile of municipal issuers. Launched in 2025, it is part of a broader suite of municipal strategies from Fidelity, which includes sustainable and indexed municipal offerings, underscoring its role as a core tax‑exempt income option for taxable accounts seeking federally tax‑free distributions. Key metrics like net asset value and expenses are tracked by third‑party research providers, offering transparency on costs and portfolio composition for due diligence.
Top 10 Holdings
12.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Revere Street Trust - Fidelity Municipal Cash Central Fund | n/a | 7.24% |
| iShares National Muni Bond ETF | MUB | 1.59% |
| Vanguard Tax-Exempt Bond ETF | VTEB | 0.74% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV - KENTUCKY INC KY 5.250% MT | KY.KYSPWR 06.01.2055 | 0.43% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV - MAIN STR NAT GA 5% MT | GA.MAIUTL 06.01.2053 | 0.42% |
| NEW YORK N Y CITY TRANSITIONALFIN AUTH REV - NEW YORK AUTH 5% 11/1/2037 | NY.NYCGEN 5 11.01.2037 | 0.42% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA - SOUTHEAST ENERG 4% MT | AL.SEEPWR 12.01.2051 | 0.41% |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT - SOUTHEAST EN AL 5% MT | AL.SEEPWR 05.01.2055 | 0.41% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV - MAIN STR NAT GA 5% MT | GA.MAIUTL 05.01.2054 | 0.40% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV - MAIN STR NAT GA 4% MT | GA.MAIUTL 05.01.2052 | 0.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02993 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03185 | Jan 2, 2026 |
| Dec 5, 2025 | $0.008 | Dec 8, 2025 |
| Nov 30, 2025 | $0.03074 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0319 | Nov 3, 2025 |
| Sep 30, 2025 | $0.03127 | Oct 1, 2025 |