Fidelity Advisor Conservative Income Municipal Bond Fund - Class I (FMNGX)
| Fund Assets | 1.68B |
| Expense Ratio | 0.25% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.81% |
| Dividend Growth | -10.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 10.04 |
| YTD Return | 1.14% |
| 1-Year Return | 2.64% |
| 5-Year Return | n/a |
| 52-Week Low | 10.04 |
| 52-Week High | 10.09 |
| Beta (5Y) | n/a |
| Holdings | 402 |
| Inception Date | May 25, 2023 |
About FMNGX
FMNGX was founded on 2023-05-25. The Fund's investment strategy focuses on Short Muni Debt with 0.25% total expense ratio. Fidelity Conservative Income Municipal Bond Fund Fidelity Advisor Conservative Income Municipal Bond Fund: Class I seeks high level of income, exempt from federal income tax, consistent with preservation of capital. FMNGX 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
FMNGX had a total return of 2.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWSTX | Vanguard | Vanguard Ultra Short-Term Tax-Exempt Fund | 0.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0229 | Jul 1, 2026 |
| May 31, 2026 | $0.02251 | Jun 1, 2026 |
| Apr 30, 2026 | $0.02547 | May 1, 2026 |
| Mar 31, 2026 | $0.02289 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02091 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02016 | Feb 2, 2026 |