Fidelity Connecticut Municipal Income Fund (FICNX)
| Fund Assets | 351.59M |
| Expense Ratio | 0.46% |
| Min. Investment | $0.00 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.55% |
| Dividend Growth | -0.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 11.11 |
| YTD Return | 0.29% |
| 1-Year Return | 5.35% |
| 5-Year Return | 5.30% |
| 52-Week Low | 10.49 |
| 52-Week High | 11.27 |
| Beta (5Y) | 0.26 |
| Holdings | 235 |
| Inception Date | Oct 29, 1987 |
About FICNX
Fidelity Connecticut Municipal Income Fund is a mutual fund that seeks a high level of current income exempt from federal income tax and Connecticut personal income tax. It normally invests at least 80% of its assets in municipal securities issued by or on behalf of the state of Connecticut or its authorities, as well as obligations of U.S. territories, whose interest is exempt from these taxes. The fund focuses on bonds from state and local governments funding public projects, typically featuring durations over 6.0 years or average maturities exceeding 12 years, aligning with the Muni Single State Long category. Its portfolio emphasizes investment-grade municipal debt, including general obligation bonds, with allocations primarily to Connecticut-based holdings, supplemented by smaller positions in cash investments and non-U.S. bonds. Managed by Fidelity Investments, headquartered in Boston, Massachusetts since 1977, the fund provides tax-efficient income generation for Connecticut residents through diversified exposure to regional municipal credit, prioritizing credit quality diversification and portfolio metrics like weighted average maturity and duration.
Performance
FICNX had a total return of 5.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.40%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02088 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02284 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02365 | Jan 2, 2026 |
| Nov 30, 2025 | $0.02329 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02435 | Nov 1, 2025 |
| Sep 30, 2025 | $0.02407 | Oct 1, 2025 |