Fidelity Ohio Municipal Income Fund (FOHFX)
Fidelity Ohio Municipal Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $11.46, up 0.09% on the session, giving a market capitalisation of $524.0M. On trailing twelve-month figures it carries a trailing P/E of 16.85, a net margin of 84.8%. Its beta of 0.92 implies it has historically moved less than the broad market.
The fund primarily directs at least 80% of its holdings into investment-grade municipal debt, generating income that is exempt from both federal and Ohio personal income taxes. Furthermore, it commits more than a quarter of its total capital to municipal obligations supporting comparable categories of projects. The portfolio diversifies its investments across various market segments and different debt maturity profiles.
Fidelity Ohio Municipal Income Fund is most often compared with the following Financial Services names: