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Fund Intelligence | Best Managers | FHIGX Insights | FHIGX Score | FHIGX Performance | FHIGX Manager | FHIGX News | FHIGX Allocation | FHIGX Holdings Change

Mutual Fund Insights: Fidelity Municipal Income Fund (FHIGX)

In-depth Analysis of Fidelity Municipal Income Fund (FHIGX)

Mutual fund chart: Fidelity Municipal Income Fund (FHIGX)

3 months
6 months
1 year
3 year
5 year

See Fidelity Municipal Income Fund (FHIGX) performance details as of January 31, 2010

  

    Last Trade: $12.58 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Christine Jones Thompson

Fund Manager Tenure: 7.8 years
Fundmojo Fund Grade: B (Score: 0.66)     (What does this score mean?)
Thompson is lead manager of Advisor Municipal Income fund, which she has managed since July 1998. Thompson also manages other Fidelity funds. Since joining Fidelity Investments in 1985, she has worked as an analyst and manager. Previously, she worked as an equity research analyst intern at Lord Abbett & Company during the summer of 1984. From 1980 to 1983, she served as an analyst and client service consultant with Associates for International Research.  Get more insights on Christine Jones Thompson

  

What we like about Fidelity Municipal Income Fund (FHIGX) What we like about Fidelity Municipal Income Fund (FHIGX)

Data for Fidelity Municipal Income Fund (FHIGX) as of January 31, 2010

  • Fidelity Municipal Income Fund (FHIGX) management has been with Fidelity Municipal Income Fund for 7.8 years
  • Fidelity Municipal Income Fund (FHIGX) has good mid-term performance (3-year return 3.91% vs 2.61% Muni National Long category average)
  • Fidelity Municipal Income Fund (FHIGX) has good Long-term performance (5-year return 3.74% vs 2.89% Muni National Long category average)
  • Fidelity Municipal Income Fund (FHIGX) ratio of up-years vs down years is greater than 2
  • Fidelity Municipal Income Fund (FHIGX) has a Morningstar rating of 4 and above
  • Fidelity Municipal Income Fund (FHIGX) has an annual stock turnover rate of 15.00% vs Muni National Long average of 50.55%. It is good that Fidelity Municipal Income management does not trade extensively for its return.
  • Fidelity Municipal Income Fund (FHIGX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.97, lower than category average of 7.62
  • Fidelity Municipal Income Fund (FHIGX) has a lower management fee than its Muni National Long average: 0.47% vs 1.02%
  • Fidelity Municipal Income Fund (FHIGX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

What we are cautious about Fidelity Municipal Income Fund (FHIGX) What we are cautious about Fidelity Municipal Income Fund (FHIGX)

Data for Fidelity Municipal Income Fund (FHIGX) as of January 31, 2010

  • Fidelity Municipal Income Fund (FHIGX) has a less-than-ideal short-term performance (1-year return 9.96% vs 12.81% Muni National Long category average)
See Fidelity Municipal Income Fund (FHIGX) performance details as of January 31, 2010

  

  

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Fidelity Municipal Income Fund (FHIGX) Net Asset

Track net asset change of Fidelity Municipal Income fund (FHIGX)

DateNet Asset
01/2010$5.69B
11/2009$5.57B
10/2009$5.53B
More historic net asset information on Fidelity Municipal Income Fund (FHIGX)

  

Fidelity Municipal Income Fund (FHIGX) Portfolio Allocation

Track portfolio allocation change of Fidelity Municipal Income fund (FHIGX)

DateCashStockBondOther
10/20090.37%0%99.63%0%
09/20091.19%0%98.81%0%
08/20091.57%0%98.43%0%
Click here to see more historic asset allocation information on Fidelity Municipal Income Fund (FHIGX)

  

Most Recent Top 10 Holdings in Fidelity Municipal Income Fund (FHIGX)

Discover what Fidelity Municipal Income Fund (FHIGX) manager is buying

31-Oct-09
Washington St Pub Pwr Sply S Ref Rev B [1.14%]
Atlanta Ga Wtr & Waste Wtr Rev Rev Bd 5% [0.99%]
Sweetwater Calif Un High Sch D Go 5.625% [0.85%]
California St Various P 5.5% [0.72%]
Tobacco Settlement Fing Corp N Asse 5.5% [0.7%]
Texas St Tpk Auth 5.5% [0.67%]
Atlanta Ga Wtr & Waste Wtr Rev Rev Bd 5% [0.63%]
Massachusetts St Go Bds 5% [0.59%]
Massachusetts St Sch Bldg Auth 5% [0.59%]
California St Go Refund 5% [0.59%]

30-Sep-09
Washington St Pub Pwr Sply S Ref Rev B [1.1%]
Atlanta Ga Wtr & Waste Wtr Rev Rev Bd 5% [1.04%]
Sweetwater Calif Un High Sch D Go 5.625% [0.86%]
California St Various P 5.5% [0.72%]
Tobacco Settlement Fing Corp N Asse 5.5% [0.68%]
TEXAS ST TPK AUTH CENT TEX TPK FIRST TIE [0.66%]
Atlanta Ga Wtr & Waste Wtr Rev Rev Bd 5% [0.65%]
California St Go Refund 5% [0.6%]
Colorado Wtr Res & Pwr Dev Aut Wtr 5.25% [0.59%]
Massachusetts St Go Bds 5% [0.59%]

31-Aug-09
Washington St Pub Pwr Sply S Ref Rev B [1.16%]
Atlanta Ga Wtr & Waste Wtr Rev Rev Bd 5% [1.07%]
Sweetwater Calif Un High Sch D Go 5.625% [0.87%]
California St Various P 5.5% [0.74%]
Tobacco Settlement Fing Corp N Asse 5.5% [0.71%]
Atlanta Ga Wtr & Waste Wtr Rev Rev Bd 5% [0.67%]
TEXAS ST TPK AUTH CENT TEX TPK FIRST TIE [0.65%]
California St Go Refund 5% [0.62%]
Massachusetts St Go Bds 5% [0.6%]
Massachusetts St Sch Bldg Auth 5% [0.6%]
Click here for Stock Holding Change Map in Fidelity Municipal Income Fund (FHIGX)

  

Related books and products to Fidelity Municipal Income Fund (FHIGX)

  

Latest News on Fidelity Municipal Income (FHIGX)

See what is happening with Fidelity Municipal Income Fund (FHIGX)

 

Books and Resources

 

 

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