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FJTHX

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1d
1w
1m

Analysis and statistics

  • Open
    18.6491$
  • Previous Close
    18.6491$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FJTHX.US refers to Fidelity High Yield Municipal Fund. It is a mutual fund offered by Fidelity Investments that primarily invests in high-yielding municipal bonds. These bonds are typically issued by state and local governments and their agencies to finance public projects and are exempt from federal income tax. The fund aims to provide investors with a high level of current income that is exempt from federal income tax, while also focusing on capital appreciation.
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Factors

Economy: The overall health of the US economy affects FJTHX.US. Strong growth often boosts returns, while recessions can cause declines.

Interest Rates: Changes in interest rates influence bond yields, impacting the value of bonds held by FJTHX.US. Rising rates typically lower bond prices.

Inflation: Higher inflation erodes the purchasing power of fixed-income investments, potentially decreasing the fund's value.

Credit Risk: The creditworthiness of issuers of bonds in FJTHX.US influences its price. Downgrades can lead to price drops.

Fund Management: The skill and strategy of the fund managers in selecting and managing bonds affect FJTHX.US performance.

Market Sentiment: Investor confidence and overall market trends can impact demand for bond funds like FJTHX.US.

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