FMHTX Mutual Fund

FMHTX Mutual Fund

NAV$11.42
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Fund Essentials - as of Aug 31, 2026

Net Assets
$470M
Expense Ratio
0.46%
Dividend Yield (Current)
2.79%
Holdings
321
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-1.50%
1 Year-0.93%
3 Year+3.97%
5 Year-0.17%
10 Year+1.49%

Asset Allocation

Bonds: 97.25%
Cash: 2.75%
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Top Holdings

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TickerNameWeight
-Fidelity Municipal Cash Central Fund2.78%
MI MISFIN 4 12/01/20Michigan Fin Au 4% 12/1/491.40%
MI MISGEN 06/01/2053Michigan Strategic Fund, Limited Obligation Revenue Bonds, Detroit Edison Company Exempt Facilities Project, Collateralized Series 2023Dt 3.875 06/01/20531.39%
-Pimco Intermediate Municipal Bond Active Exchange-Traded Fund Usetf 3.45% 01/07/20301.30%
MI MISFIN 4 06/01/20Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020a-cl-11.23%
Top 10 Concentration: 13.76%Report Date: Aug 31, 2026
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Dividend Summary

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Dividend Yield (Current)
2.79%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

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

FMHTX Mutual Fund Overview

FMHTX Mutual Fund (Fidelity Michigan Municipal Income Fund) is managed by Fidelity Investments (US) with $470.4M in net assets. FMHTX expense ratio is 0.46%, holding 321 positions across sectors including Financials, Utilities, Consumer Discretionary. Inception date: 1985-11-12.

FMHTX performance shows a YTD return of -1.50%. The 1-year return is -0.93% and the 5-year return is -0.17%. FMHTX dividend yield stands at 2.79%, paid monthly.

FMHTX top holdings include Fidelity Municipal Cash Central Fund (2.8%), Michigan Fin Au 4% 12/1/49 (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%), Pimco Intermediate Municipal Bond Active Exchange-Traded Fund Usetf 3.45% 01/07/2030 (1.3%), Michigan Finance Authority, Tobacco Settlement Asset- Backed Bonds, 2007 Sold Tobacco Receipts, Series 2020a-cl-1 (1.2%). Go to all FMHTX holdings, FMHTX sectors, or FMHTX dividends.

FMHTX can be compared against other funds. Use FMHTX overlap to find shared positions, or FMHTX vs another fund for a side-by-side view. FMHTX alternatives are available via the screener, along with tax-loss harvesting opportunities.