Fidelity Flex Conservative Income Municipal Bd Fd (FUEMX)
10.05
0.00 (0.00%)
USD |
Apr 10 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.00% | 261.38M | -- | 67.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 46.07M | 3.52% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of income, exempt from federal income tax, consistent with preservation of capital. It invests its assets in US dollar-denominated municipal money market securities and high quality investment-grade municipal debt securities whose interest is exempt from federal income tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
40
-141.20M
Peer Group Low
179.78M
Peer Group High
1 Year
% Rank:
49
46.07M
-503.12M
Peer Group Low
2.658B
Peer Group High
3 Months
% Rank:
28
-202.80M
Peer Group Low
641.38M
Peer Group High
3 Years
% Rank:
19
-2.025B
Peer Group Low
3.522B
Peer Group High
6 Months
% Rank:
47
-287.06M
Peer Group Low
1.563B
Peer Group High
5 Years
% Rank:
16
-6.850B
Peer Group Low
4.426B
Peer Group High
YTD
% Rank:
28
-202.80M
Peer Group Low
641.38M
Peer Group High
10 Years
% Rank:
31
-4.671B
Peer Group Low
6.087B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 13, 2026.
Asset Allocation
As of February 28, 2026.
| Type | % Net |
|---|---|
| Cash | 6.08% |
| Stock | 0.00% |
| Bond | 93.15% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.77% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
FIDELITY MUNICIPAL CASH CENTRAL FUND
|
6.08% | -- | -- |
| ST JAMES PARISH LA REV LA 3.070 11/01/2040 | 3.56% | 100.00 | 0.00% |
| KENTUCKY HIGHER ED STUDENT LN CORP STUDENT LN REV KY 3.000 06/01/2043 | 3.53% | 100.00 | 0.00% |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV TX 3.500 12/01/2027 | 2.35% | 100.00 | 0.00% |
| 11/01/2041 | 2.34% | -- | -- |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV TX 3.350 11/01/2040 | 1.70% | 100.00 | 0.00% |
| DALLAS FORT WORTH TEX INTL ARPT REV TX 5.000 11/01/2027 | 1.53% | 103.38 | -0.02% |
| FLORIDA INS ASSISTANCE INTERLOCAL AGY FLA INS ASSMT REV FL 3.550 09/01/2032 | 1.22% | 100.00 | 0.00% |
| 05/15/2036 | 1.02% | -- | -- |
| RIB FLOATER TR VARIOUS STS NY 11/01/2041 | 1.02% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.00% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of income, exempt from federal income tax, consistent with preservation of capital. It invests its assets in US dollar-denominated municipal money market securities and high quality investment-grade municipal debt securities whose interest is exempt from federal income tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (4-9-26) | 3.06% |
| 30-Day SEC Yield (3-31-26) | 2.71% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 332 |
| Bond | |
| Yield to Maturity (2-28-26) | 0.96% |
| Effective Duration | 0.61 |
| Average Coupon | 3.73% |
| Calculated Average Quality | 2.532 |
| Effective Maturity | 10.34 |
| Nominal Maturity | 12.55 |
| Number of Bond Holdings | 324 |
As of February 28, 2026
Fund Details
| Key Dates | |
| Inception Date | 10/12/2017 |
| Last Annual Report Date | 12/31/2024 |
| Last Prospectus Date | 2/28/2026 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FUEMX", "name") |
| Broad Asset Class: =YCI("M:FUEMX", "broad_asset_class") |
| Broad Category: =YCI("M:FUEMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FUEMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |