Fidelity Pennsylvania Municipal Income Fund (FPXTX)
Fidelity Pennsylvania 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 $10.46, up 0.00% on the session, giving a market capitalisation of $453.2M. On trailing twelve-month figures it carries a trailing P/E of -6.08, a net margin of -209.2%. Its beta of 0.98 implies it has historically moved less than the broad market.
This investment vehicle typically commits a substantial portion, at least 80%, of its holdings to high-quality municipal debt. The interest income generated from these securities is exempt from both federal and Pennsylvania personal income taxes. It is possible for the fund to allocate more than 25% of its entire asset base to municipal bonds that support analogous types of projects. To manage its portfolio, the fund strategically diversifies its investments across various market sectors and a range of maturity profiles.
Fidelity Pennsylvania Municipal Income Fund is most often compared with the following Financial Services names: