FMHTX Mutual Fund

NAV$11.53

Fund Essentials - as of Mar 31, 2026

Net Assets
-
Expense Ratio
0.46%
Dividend Yield (Current)
2.64%
Holdings
313
Inception Date
Nov 12, 1985
Fund Family
Fidelity Investments (US)
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+1.26%
1 Year+6.04%
3 Year+3.74%
5 Year+0.79%
10 Year+1.98%

Asset Allocation

Bonds: 99.28%
Cash: 0.72%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
MI MISFAC 10/15/2042Michigan St Bldg Auth Revenue Regd V/r B/e 0.250000003.72%
-Michigan Housing Development Auth 0.9% 2046-06-012.03%
MI MISFIN 4 12/01/20Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2019a-mi1.43%
MI MISGEN 06/01/2053Michigan Strategic Fund, Limited Obligation Revenue Bonds, Detroit Edison Company Exempt Facilities Project, Collateralized Series 2023Dt 3.875 06/01/20531.41%
-Wayne Co Mi Aar 5% 12/1/20301.25%
Top 10 Concentration: 15.61%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
2.64%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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FMHTX Mutual Fund Overview

FMHTX Mutual Fund (Fidelity Michigan Municipal Income Fund) is managed by Fidelity Investments (US). FMHTX expense ratio is 0.46%, holding 313 positions across sectors including Other, Financials, Consumer Discretionary. Inception date: 1985-11-12.

FMHTX performance shows a YTD return of 1.26%. The 1-year return is 6.04% and the 5-year return is 0.79%. FMHTX dividend yield stands at 2.64%, paid monthly.

FMHTX top holdings include Michigan St Bldg Auth Revenue Regd V/r B/e 0.25000000 (3.7%), Michigan Housing Development Auth 0.9% 2046-06-01 (2.0%), Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2019a-mi (1.4%), Michigan Strategic Fund, Limited Obligation Revenue Bonds, Detroit Edison Company Exempt Facilities Project, Collateralized Series 2023Dt 3.875 06/01/2053 (1.4%), Wayne Co Mi Aar 5% 12/1/2030 (1.3%). View all FMHTX holdings, sector breakdown, or dividend history.

FMHTX can be compared against other funds using the overlap calculator or side-by-side comparison tool. FMHTX alternatives are available via the screener, along with tax-loss harvesting opportunities.