Fidelity Connecticut Municipal Income Fund (FICNX)
| Fund Assets | 337.53M |
| Expense Ratio | 0.46% |
| Min. Investment | $0.00 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.53% |
| Dividend Growth | -0.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 11.17 |
| YTD Return | 1.02% |
| 1-Year Return | 4.40% |
| 5-Year Return | 6.57% |
| 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 an open‑end municipal bond mutual fund focused on **Connecticut-issued** general obligation and revenue-backed securities to deliver a high level of current income that is **exempt from federal and Connecticut personal income taxes**. The strategy emphasizes fundamental credit research, yield-curve positioning, and security structure analysis, while targeting interest‑rate sensitivity close to its benchmark to avoid undue rate speculation and prioritize capital preservation. The portfolio spans the municipal market’s **health care, higher education, tax‑backed, and state agency** sectors, with diversified holdings across the curve and a moderate interest‑rate risk profile. Managed by a seasoned team, the fund applies a total‑return approach that balances income generation with risk‑adjusted performance over time. As a single‑state muni fund in the long-duration category, it serves investors seeking tax‑advantaged income sourced from public financing in Connecticut—such as state general obligations and revenue bonds tied to essential services and infrastructure—within a cost structure that is competitive among peers.
Performance
FICNX had a total return of 4.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.69%.
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 |