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FMUFX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    15.1157$
  • Previous Close
    15.1157$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FMUFX.US refers to the Fidelity Municipal Income Fund. It is a mutual fund offered by Fidelity Investments that primarily invests in investment-grade municipal securities. The fund aims to provide current income exempt from federal income tax, although a portion of the income may be subject to the federal alternative minimum tax (AMT) and state and local taxes. As an investment vehicle, it is subject to market fluctuations and the risks associated with fixed-income investments, including interest rate risk and credit risk.
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Factors

Market interest rates: Higher interest rates typically decrease bond prices, negatively affecting FMUFX, while lower rates can increase bond values.

Credit quality of holdings: Downgrades in the credit ratings of bonds held by FMUFX can lower its price, reflecting increased default risk.

Economic growth expectations: Stronger economic growth might lead to higher inflation and interest rates, negatively impacting bond values in FMUFX.

Inflation rates: Rising inflation erodes the real value of fixed income payments, decreasing FMUFX's price, while falling inflation can boost it.

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