Fidelity Massachusetts Municipal Income Fund
FDMMX
NASDAQ
Rating
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Risk
Fund Information
Fund Type
Category
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Open/Closed to New Investors
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Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
Fidelity Investments
Manager/Tenure
(Years)
(Years)
Cormac Cullen (8), Elizah McLaughlin (6), Michael Maka (5)
Address
Fidelity Investments
Boston MA - 2109
Boston MA - 2109
Country
United States
Phone Number
617-563-7000
Investment Strategy
The investment seeks a high level of current income, exempt from federal income tax and Massachusetts personal income tax. The fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Massachusetts personal income taxes. It allocates assets across different market sectors and maturities. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.