At A Glance
You hold FMHTX.O in 0 portfolios
Fidelity MI Muni Inc (FMHTX.O)
Net Asset Value
12.52USD
0.00 0.00%
05/17/2013
Category
General Tax-ExemptYTD Return (Cumulative)
1.21%Classification
MI Municipal Debt5 Year Return (Annualized)
5.49%Manager Benchmark
Lipper MI Muni Dbt Fd IXLipper Leader Profile (Overall)
The Growth of $10,000 chart includes reinvestment of dividends and capital gains, but does not reflect the effect of any applicable sales or redemption charges which would lower these figures.
Fund Profile
| Fund Family | Fidelity Invest |
|---|---|
| Inception Date | 11/12/1985 |
| Portfolio Turnover | 10% |
| Dividend Yield | -- |
| Fund Manager | Jamie Pagliocco |
| Manager Tenure | 2006 |
Fidelity Management & Research Company
82 Devonshire Street
Boston, MA 02109
Fees, Expenses, & Minimums
| Load Type | No load |
|---|---|
| Total Expense Ratio | 0.49% |
| Max 12b-1 Fee Ratio | -- |
| Early Redemption Fee | 0.50% |
| Initial Investment | $10,000 |
| Subsequent Investments | $0 |
| Initial IRA Investments | -- |
| Subsequent IRA Investments | -- |
Investment Strategy
The Fund seeks a high level of current income exempt from federal income tax and Michigan personal income tax. The Fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Michigan personal income taxes.
Overall Lipper Leaders Ratings & Fund Profile »
| Similar Rating/ Category | ||
|---|---|---|
| Total Return | 20 | |
| Consistent Return | 20 | |
| Capital Preservation | 4481 | |
| Low Expense | 263 | |
| Tax Efficiency (U.S. only) | 20 |
About the ratings...
Total Return reflects the fund's historical total return performance relative to its peers. Consistent Return reflects the funds's historical risk-adjusted returns relative to its peers. The Capital Preservation is relative, rather that absolute...More »
Lipper Leaders.comAbout the ratings
Lipper Ratings for Total Return reflect funds' historical total return performance relative to peers. Lipper Ratings for Consistent Return reflect funds' historical risk-adjusted returns relative to peers. Lipper Ratings for Preservation are relative, rather than absolute. Lipper Ratings for Tax Efficiency reflect funds' historical ability to postpone taxable distributions. Lipper Ratings for Expense reflect funds' expense minimization relative to peers. Lipper Ratings DO NOT take into account the effects of sales charges. Overall Lipper Ratings are based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable).
