Fidelity Michigan Municipal Income Fund (FMHTX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.66
0.00 (0.00%)
Jan 23, 2026, 8:10 AM EST
1.75% (1Y)
| Fund Assets | 484.36M |
| Expense Ratio | 0.46% |
| Min. Investment | $0.00 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 2.84% |
| Dividend Growth | 5.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 11.66 |
| YTD Return | n/a |
| 1-Year Return | 4.74% |
| 5-Year Return | 4.12% |
| 52-Week Low | 10.79 |
| 52-Week High | 11.70 |
| Beta (5Y) | 0.26 |
| Holdings | 304 |
| 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 4.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.83%.
Top 10 Holdings
17.95% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Municipal Cash Central | n/a | 5.34% |
| MICHIGAN FIN AUTH REV 0.05% | MI.MISFIN 5 11.15.2048 | 2.40% |
| MICHIGAN FIN AUTH REV 0.04% | MI.MISFIN 4 12.01.2049 | 1.46% |
| MICHIGAN ST BLDG AUTH REV 0.03% | MI.MISFAC 3 10.15.2045 | 1.39% |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV 0.03875% | MI.MISGEN 06.01.2053 | 1.38% |
| MICHIGAN FIN AUTH REV 0.04% | MI.MISFIN 4 06.01.2049 | 1.26% |
| WAYNE CNTY MICH ARPT AUTH REV 0.05% | n/a | 1.23% |
| MICHIGAN ST STRATEGIC FD LTD OBLIG REV 0.0425% | n/a | 1.17% |
| MICHIGAN FIN AUTH REV 0.04% | n/a | 1.16% |
| WAYNE CNTY MICH ARPT AUTH REV 0.05% | n/a | 1.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Aug 29, 2025 | $0.02872 | Sep 2, 2025 |