Fidelity Maryland Municipal Income Fund (SMDMX)
Fidelity Maryland 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 $10.27, down 0.48% on the session, giving a market capitalisation of $156.9M. On trailing twelve-month figures it carries a trailing P/E of 15.10, a net margin of 84.8%. Its beta of 1.02 implies it has historically moved more than the broad market.
This fund primarily allocates at least 80% of its capital to high-quality municipal bonds, offering income exempt from both federal and Maryland state personal income taxes. Its investments are strategically distributed across a range of market sectors and maturity profiles. Notably, the fund has the flexibility to commit over 25% of its total assets to municipal securities supporting similar project types. This offering is classified as non-diversified.
Fidelity Maryland Municipal Income Fund is most often compared with the following Financial Services names: