Fidelity Conservative Income Municipal Bond Fund (FMNDX)
| Fund Assets | 1.72B |
| Expense Ratio | 0.25% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.82% |
| Dividend Growth | -10.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 31, 2026 |
| Previous Close | 10.06 |
| YTD Return | 1.00% |
| 1-Year Return | 2.96% |
| 5-Year Return | 10.96% |
| 52-Week Low | 10.05 |
| 52-Week High | 10.09 |
| Beta (5Y) | 0.02 |
| Holdings | 401 |
| 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 2.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.39%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 31, 2026 | $0.0225 | Jun 1, 2026 |
| Apr 30, 2026 | $0.02547 | May 1, 2026 |
| Mar 31, 2026 | $0.02289 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0209 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02016 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02542 | Jan 2, 2026 |