Fidelity Conservative Income Municipal Bond Fund (FMNDX)
| Fund Assets | 1.85B |
| Expense Ratio | 0.25% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.91% |
| Dividend Growth | -9.42% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.09 |
| YTD Return | 0.40% |
| 1-Year Return | 3.38% |
| 5-Year Return | 11.42% |
| 52-Week Low | 9.76 |
| 52-Week High | 10.09 |
| Beta (5Y) | 0.02 |
| Holdings | 436 |
| Inception Date | Oct 15, 2013 |
About FMNDX
The Fund's investment strategy focuses on Short Muni Debt with 0.25% total expense ratio. The minimum amount to invest in Fidelity Municipal Trust: Fidelity Conservative Income Municipal Bond Fund; Institutional Class Shares is $1,000,000 on a standard taxable account. Fidelity Municipal Trust: Fidelity Conservative Income Municipal Bond Fund; Institutional Class Shares seeks high level of income, exempt from federal income tax, consistent with preservation of capital. FMNDX invests at least 80% of its assets in US dollar-denominated municipal money market securities and high quality investment-grade municipal debt securities whose interest is exempt from federal income tax.
Performance
FMNDX had a total return of 3.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.88%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
20.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Municipal Cash Central | n/a | 4.30% |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.62% | TX.PPATRN 12.01.2027 | 3.14% |
| ST JAMES PARISH LA REV 2.66% | LA.STJGEN 11.01.2040 | 2.17% |
| Cash | n/a | 2.10% |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV 2.52% | TX.PPATRN 11.01.2040 | 1.99% |
| RIB FLOATER TR VARIOUS STS 2.81% | NY.TENGEN 11.01.2041 | 1.51% |
| MIZUHO FLOATER / RESIDUAL TR VAR STS 2.54% | CA.TENGEN 12.01.2046 | 1.37% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS 2.56% | FL.TENGEN 07.01.2030 | 1.37% |
| FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV 3.1% | FL.FLIGEN 09.01.2032 | 1.35% |
| MEADE CNTY KY INDL BLDG REV 0.85% | KY.MEADEV 07.01.2060 | 1.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02016 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02542 | Jan 2, 2026 |
| Dec 5, 2025 | $0.001 | Dec 8, 2025 |
| Nov 30, 2025 | $0.02434 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0248 | Nov 1, 2025 |
| Sep 30, 2025 | $0.02468 | Oct 1, 2025 |