Fidelity Maryland Municipal Income Fund (SMDMX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.49
+0.02 (0.19%)
Apr 25, 2025, 8:04 PM EDT
-1.04% (1Y)
| Fund Assets | 151.06M |
| Expense Ratio | 0.55% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.62% |
| Dividend Growth | 3.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 10.47 |
| YTD Return | -1.33% |
| 1-Year Return | 1.72% |
| 5-Year Return | 3.83% |
| 52-Week Low | 10.28 |
| 52-Week High | 10.98 |
| Beta (5Y) | 0.21 |
| Holdings | 138 |
| 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 1.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.66%.
Top 10 Holdings
21.11% of assets| Name | Symbol | Weight |
|---|---|---|
| BALTIMORE MD PROJ REV - BALT MD WTR SER D 5% 7/1/2031 | n/a | 3.47% |
| CHARLES CNTY MD 5% 10/1/2026 | n/a | 2.50% |
| WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY - WASHINGTON METR 5% 7/15/2046 | n/a | 2.26% |
| MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY - MARYLAND HEALTH 2.50% 7/1/2051 | n/a | 2.09% |
| MONTGOMERY CNTY MD - MONTGMRY CO MD 4% 11/1/2033 | n/a | 1.97% |
| BALTIMORE MD PROJ REV - BALT MD WTR 5% 7/1/2033 | n/a | 1.91% |
| BALTIMORE CNTY MD - BATL CNTY MD 3% 3/1/2039 | MD BAL 3 03.01.2039 | 1.88% |
| MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV - MARYLAND ST CMN 2.6% 3/1/2042 | MD MDSDEV 2.6 03.01.2042 | 1.71% |
| MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV - MARYLAND ST ECO 5% 6/30/2037 | n/a | 1.67% |
| BALTIMORE MD PROJ REV - BALT MD WTR 5% 7/1/2050 | n/a | 1.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.02368 | Apr 1, 2025 |
| Feb 28, 2025 | $0.021 | Mar 3, 2025 |
| Jan 31, 2025 | $0.02378 | Feb 3, 2025 |
| Dec 31, 2024 | $0.02298 | Jan 2, 2025 |
| Dec 6, 2024 | $0.001 | Dec 9, 2024 |
| Nov 29, 2024 | $0.02233 | Dec 2, 2024 |