Fidelity Michigan Municipal Income Fund (FMHTX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.74
-0.01 (-0.09%)
At close: Feb 11, 2026
1.82% (1Y)
| Fund Assets | 494.16M |
| Expense Ratio | 0.46% |
| Min. Investment | $0.00 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 2.83% |
| Dividend Growth | 5.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 11.75 |
| YTD Return | 0.93% |
| 1-Year Return | 4.83% |
| 5-Year Return | 4.08% |
| 52-Week Low | 10.76 |
| 52-Week High | 11.75 |
| Beta (5Y) | 0.27 |
| Holdings | 301 |
| Inception Date | Nov 12, 1985 |
About FMHTX
The fund normally invests at least 80% of its assets in investment-grade municipal securities whose interest is exempt from federal and Michigan personal income taxes. It invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund allocates assets across different market sectors and maturities. It is non-diversified.
Fund Family Fidelity
Category Muni Single State Long
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol FMHTX
Index Bloomberg Municipal Bond TR
Performance
FMHTX had a total return of 4.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.85%.
Top 10 Holdings
16.79% of assets| Name | Symbol | Weight |
|---|---|---|
| MICHIGAN FIN AUTH REV 5% | MI.MISFIN 5 11.15.2048 | 2.46% |
| MICHIGAN ST BLDG AUTH REV 2.46% | MI.MISFAC 10.15.2042 | 2.13% |
| MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 2.25% | MI.MISHSG 06.01.2046 | 2.06% |
| Fidelity Municipal Cash Central | n/a | 2.01% |
| MICHIGAN FIN AUTH REV 4% | MI.MISFIN 4 12.01.2049 | 1.52% |
| MICHIGAN ST BLDG AUTH REV 3% | MI.MISFAC 3 10.15.2045 | 1.42% |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV 3.875% | MI.MISGEN 06.01.2053 | 1.42% |
| MICHIGAN FIN AUTH REV 4% | MI.MISFIN 4 06.01.2049 | 1.29% |
| WAYNE CNTY MICH ARPT AUTH REV 5% | MI.WAYAPT 5 12.01.2030 | 1.27% |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV 4.25% | MI.MISGEN 4.25 12.31.2038 | 1.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02859 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02894 | Jan 2, 2026 |
| Dec 5, 2025 | $0.001 | Dec 8, 2025 |
| Nov 30, 2025 | $0.02788 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02875 | Nov 1, 2025 |
| Sep 30, 2025 | $0.02779 | Oct 1, 2025 |