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Fidelity® Conservative Inc Muni Bd Instl FMNDX

Quantitative rating as of
NAV / 1-Day Return
9.98  /  0.01 %
Total Assets
2.7 Bil
Adj. Expense Ratio
0.250%
Expense Ratio
0.250%
Distribution Fee Level
Low
Share Class Type
Institutional
Category
Muni National Short
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
0.64%
Effective Duration
0.45 years

Morningstar’s Analysis FMNDX

Will FMNDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Summary

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Strength in Fidelity® Conservative Inc Muni Bd Instl's Process Pillaris partially offset by an Average People Pillar rating, leading to a Morningstar Quantitative Rating of Neutral. The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

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