Fidelity Michigan Municipal Fund Quote
| FMHTX Fund | USD 11.47 0.02 0.17% |
PerformanceInsignificant
| Odds Of DistressLow
|
Fidelity Michigan is trading at 11.47 as of the 24th of March 2025; that is 0.17 percent increase since the beginning of the trading day. The fund's open price was 11.45. Fidelity Michigan has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 24th of December 2024 and ending today, the 24th of March 2025. Click here to learn more.
The fund normally invests at least 80 percent of its assets in investment-grade municipal securities whose interest is exempt from federal and Michigan personal income taxes. It invests more than 25 percent of total assets in municipal securities that finance similar types of projects. More on Fidelity Michigan Municipal
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Fidelity Mutual Fund Highlights
| Fund Concentration | Fidelity Investments Funds, Large Funds, Muni Single State Long Funds, Muni Single State Long, Fidelity Investments, Large, Muni Single State Long (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | December |
Fidelity Michigan Municipal [FMHTX] is traded in USA and was established 24th of March 2025. Fidelity Michigan is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Muni Single State Long category and is part of Fidelity Investments family. This fund currently has accumulated 492.57 M in assets under management (AUM) with no minimum investment requirementsFidelity Michigan is currently producing year-to-date (YTD) return of 0.33% with the current yeild of 0.01%, while the total return for the last 3 years was 1.12%.
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Instrument Allocation
Fidelity Michigan Risk Profiles
| Mean Deviation | 0.1597 | |||
| Standard Deviation | 0.228 | |||
| Variance | 0.052 | |||
| Risk Adjusted Performance | (0.05) |
Fidelity Michigan Against Markets
Other Information on Investing in Fidelity Mutual Fund
Fidelity Michigan financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Michigan security.
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