FSMNX Mutual Fund

FSMNX Mutual Fund

NAV$9.32
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Fund Essentials - as of Jul 31, 2026

Net Assets
$1.3B
Expense Ratio
0.35%
Dividend Yield (Current)
3.48%
Holdings
1,779
Inception Date
Oct 2, 2018
Fund Family
Fidelity Investments (US)
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly

Performance

YTD-0.57%
1 Year+3.39%
3 Year+3.44%
5 Year+0.42%

Asset Allocation

Bonds: 93.62%
Cash: 5.93%
Other: 0.45%
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Top Holdings

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TickerNameWeight
-Fidelity Municipal Cash Central Fund6.09%
-San Fran Arpt 5.25% 5/1/2041 @1.13%
-Southeast Energy Auth Coop Dis 5% Oct 01, 20301.11%
-Black Belt Energy Gas Dis 5 2031-06-011.02%
-Metropolitan Nashville Airport Authority, Tennessee, Airport Improvement Revenue Bonds, Series 2026B 5.25 2051-07-010.94%
Top 10 Concentration: 13.97%Report Date: Jul 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.48%
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 1779 positions across sectors including Financials, Utilities, Industrials. Inception date: 2018-10-02.

FSMNX performance shows a YTD return of -0.57%. The 1-year return is 3.39% and the 5-year return is 0.42%. FSMNX dividend yield stands at 3.48%, paid monthly.

FSMNX top holdings include Fidelity Municipal Cash Central Fund (6.1%), San Fran Arpt 5.25% 5/1/2041 @ (1.1%), Southeast Energy Auth Coop Dis 5% Oct 01, 2030 (1.1%), Black Belt Energy Gas Dis 5 2031-06-01 (1.0%), Metropolitan Nashville Airport Authority, Tennessee, Airport Improvement Revenue Bonds, Series 2026B 5.25 2051-07-01 (0.9%). 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.