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FYHSMX

$--
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1d
1w
1m

Analysis and statistics

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About

FYHSMX.US represents the Fidelity High Income Municipal Fund. It's a mutual fund offered by Fidelity Investments that primarily invests in high-yielding municipal bonds. These bonds are debt securities issued by state and local governments, and the fund aims to provide investors with a high level of current income that is exempt from federal income tax. The fund invests a significant portion of its assets in securities rated below investment grade, which are subject to greater risk of loss than investment-grade securities.
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Factors

This format includes the "

" divider after each factor. Interest Rates: Rising interest rates generally decrease bond prices, as new bonds offer higher yields.

Inflation: Higher inflation erodes the purchasing power of fixed income, leading to lower bond prices.

Credit Risk: The perceived creditworthiness of the bond issuer influences price; higher risk means lower prices.

Maturity Date: Longer maturity bonds are more sensitive to interest rate changes, affecting price more.

Supply and Demand: Increased supply of similar bonds can lower prices, while high demand raises them.

Market Sentiment: Overall investor optimism or pessimism can impact bond prices.

Economic Growth: Strong economic growth can lead to higher interest rates, decreasing bond prices.

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