Fidelity Maryland Municipal Income Fund (SMDMX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.72
-0.03 (-0.28%)
Oct 29, 2024, 8:01 PM EDT
7.31% (1Y)
| Fund Assets | 164.53M |
| Expense Ratio | 0.55% |
| Min. Investment | $0.00 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.53% |
| Dividend Growth | 8.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2024 |
| Previous Close | 10.75 |
| YTD Return | 0.54% |
| 1-Year Return | 9.91% |
| 5-Year Return | 2.88% |
| 52-Week Low | 9.98 |
| 52-Week High | 10.98 |
| Beta (5Y) | 0.97 |
| Holdings | 132 |
| Inception Date | Apr 22, 1993 |
About SMDMX
The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Maryland personal income taxes. It allocates assets across different market sectors and maturities. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.
Fund Family Fidelity
Category Muni Single State Long
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol SMDMX
Index Bloomberg Municipal Bond TR
Performance
SMDMX had a total return of 9.91% in the past year. Since the fund's inception, the average annual return has been 3.75%, including dividends.
Top 10 Holdings
24.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Municipal Cash Central | n/a | 5.73% |
| BALTIMORE MD REV 5% | MD BALGEN 5 07.01.2031 | 3.35% |
| WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5% | DC DCTTRN 5 07.15.2046 | 2.19% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5% | MD MDSMED 5 07.01.2038 | 1.99% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 2.5% | MD MDSMED 2.5 07.01.2051 | 1.97% |
| MONTGOMERY CNTY MD 4% | MD MON 4 11.01.2033 | 1.91% |
| BALTIMORE MD PROJ REV 5% | MD BALGEN 5 07.01.2033 | 1.84% |
| BALTIMORE CNTY MD 3% | MD BAL 3 03.01.2039 | 1.77% |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 4% | MD MDSMED 4 07.01.2042 | 1.67% |
| MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV 2.6% | MD MDSDEV 2.6 03.01.2042 | 1.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2024 | $0.02261 | Oct 1, 2024 |
| Aug 30, 2024 | $0.02304 | Sep 3, 2024 |
| Jul 31, 2024 | $0.02306 | Aug 1, 2024 |
| Jun 30, 2024 | $0.02212 | Jul 1, 2024 |
| May 31, 2024 | $0.02306 | Jun 3, 2024 |
| Apr 30, 2024 | $0.0223 | May 1, 2024 |