Fidelity Maryland Municipal Income Fund (SMDMX)

Fund Assets	156.95M
Expense Ratio	0.55%
Min. Investment	$0.00
Turnover	22.00%
Dividend (ttm)	0.28
Dividend Yield	2.55%
Dividend Growth	2.50%
Payout Frequency	Monthly
Ex-Dividend Date	Dec 31, 2025

Previous Close	11.00
YTD Return	0.37%
1-Year Return	5.73%
5-Year Return	5.09%
52-Week Low	10.08
52-Week High	11.02
Beta (5Y)	0.27
Holdings	149
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 5.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.69%.

Top 10 Holdings

19.48% of assets

Name	Symbol	Weight
BALTIMORE MD REV 0.05%	n/a	3.50%
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 0.025%	n/a	2.10%
MONTGOMERY CNTY MD 0.04%	n/a	2.03%
BALTIMORE MD PROJ REV 0.05%	n/a	1.95%
BALTIMORE CNTY MD 0.03%	n/a	1.95%
MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV 0.026%	n/a	1.80%
MARYLAND ST ECONOMIC DEV CORP PRIVATE ACTIVITY REV 0.05%	n/a	1.68%
BALTIMORE MD PROJ REV 0.05%	n/a	1.66%
MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 0.05%	n/a	1.43%
CHARLES CNTY MD 0.01625%	n/a	1.40%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2025	$0.02398	Jan 2, 2026
Nov 30, 2025	$0.02308	Dec 1, 2025
Oct 31, 2025	$0.02404	Nov 1, 2025
Sep 30, 2025	$0.02313	Oct 1, 2025
Aug 29, 2025	$0.02406	Sep 2, 2025
Jul 31, 2025	$0.02388	Aug 1, 2025