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FMPAX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    29.244$
  • Previous Close
    29.244$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FMPAX.US represents the Fidelity Advisor Municipal Income Fund Class A. It's a mutual fund offered by Fidelity Management & Research that primarily invests in municipal bonds, aiming to provide income exempt from federal income tax. The 'A' share class typically involves a front-end sales charge or load.
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Factors

Market Interest Rates: Rising rates often decrease bond prices, as newer bonds offer higher yields, making existing lower-yielding bonds (like those held by FMPAX) less attractive. Credit Quality of Holdings: Downgrades in the credit ratings of bonds held by FMPAX can lower their value, impacting the fund's overall price. Economic Outlook: A strengthening economy might prompt the Fed to raise interest rates, while a weakening economy could lead to lower rates, both affecting bond values. Inflation Expectations: Higher inflation expectations tend to push interest rates upward, decreasing the present value of fixed income payments from bonds in FMPAX.

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