FSMNX Mutual Fund

FSMNX Mutual Fund

NAV$9.75
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Fund Essentials - as of Mar 31, 2026

Net Assets
$1.3B
Expense Ratio
0.35%
Dividend Yield (Current)
3.14%
Holdings
1,796
Inception Date
Oct 2, 2018
Fund Family
Fidelity Investments (US)
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly

Performance

YTD+0.35%
1 Year+4.33%
3 Year+3.07%
5 Year+0.36%

Asset Allocation

Bonds: 91.72%
Cash: 7.78%
Other: 0.51%
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Top Holdings

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TickerNameWeight
-Fidelity Municipal Cash Central Fund7.80%
-Southeast Energy Auth Coop Dis 5% Oct 01, 20301.23%
-Metropolitan Nashville Airport Authority, Tennessee, Airport Improvement Revenue Bonds, Series 2026B 5.25 2051-07-011.04%
-Black Belt Energy Gas Dist Ala Gas Proj Rev Bds 12/01/20340.92%
AL BBEUTL 02/01/2053Black Belt Energy Gas Dist Al Bbeutl 02/53 Adjustable Var0.65%
Top 10 Concentration: 14.42%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.14%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

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

FSMNX Mutual Fund Overview

FSMNX Mutual Fund (Fidelity SAI Municipal Income Fund) is managed by Fidelity Investments (US) with $1.28B in net assets. FSMNX expense ratio is 0.35%, holding 1796 positions across sectors including Financials, Utilities, Industrials. Inception date: 2018-10-02.

FSMNX performance shows a YTD return of 0.35%. The 1-year return is 4.33% and the 5-year return is 0.36%. FSMNX dividend yield stands at 3.14%, paid monthly.

FSMNX top holdings include Fidelity Municipal Cash Central Fund (7.8%), Southeast Energy Auth Coop Dis 5% Oct 01, 2030 (1.2%), Metropolitan Nashville Airport Authority, Tennessee, Airport Improvement Revenue Bonds, Series 2026B 5.25 2051-07-01 (1.0%), Black Belt Energy Gas Dist Ala Gas Proj Rev Bds 12/01/2034 (0.9%), Black Belt Energy Gas Dist Al Bbeutl 02/53 Adjustable Var (0.7%). Go to all FSMNX holdings, FSMNX sectors, or FSMNX dividends.

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