NASDAQ · Asset Management - Income

Fidelity Flex Municipal Income Fund (FUENX) Stock

$9.86 +0.00% NASDAQ: FUENX Financial Services

The fund primarily invests at least 80% of its capital in high-quality municipal obligations, whose interest earnings are exempt from federal taxation. Its advisor endeavors to maintain an overall interest rate risk profile comparable to that of the Bloomberg Barclays Municipal Bond Index.

Valuation

MetricValue
Price$9.86
Market Cap$1.31B
P/E Ratio
P/B Ratio
P/S Ratio
EPS (TTM)
52-Week High$10.10
52-Week Low$9.63
Dividend Yield3.65%

Financials & Margins

MetricValue
ROE
ROA
ROCE
Gross Margin
Operating Margin
Net Margin
Debt/Equity
Current Ratio

Valuation & Return Ratios

MetricValue
PEG Ratio
EV / EBITDA
FCF Yield
Quick Ratio
Interest Coverage
Return 1Y5.77%
Return 3Y13.22%
Return 5Y6.07%

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
EACAXEaton Vance California Municipal Opportunities Fund $10.00 +0.30% 47.62 $1.10B 3.50%
EQTIXShelton Equity Income Fund $18.57 +0.11% $1.10B 0.00%
FICDXFidelity Canada Fund $87.48 +0.88% 102.92 $1.13B 5.09%
FTFMXFidelity New York Municipal Income $12.31 +0.00% $1.33B 3.09%
JFRNuveen Floating Rate Income Fund $7.77 +0.58% 17.26 $1.25B 12.10%

About Fidelity Flex Municipal Income Fund

The fund primarily invests at least 80% of its capital in high-quality municipal obligations, whose interest earnings are exempt from federal taxation. Its advisor endeavors to maintain an overall interest rate risk profile comparable to that of the Bloomberg Barclays Municipal Bond Index. The portfolio strategically diversifies holdings across various market sectors and different maturity lengths. It may potentially allocate more than 25% of its total assets to municipal securities that finance similar types of undertakings.

Fidelity Flex Municipal Income Fund is headquartered in US.

Fidelity Flex Municipal Income Fund (FUENX) stock trades at $9.86 with a market capitalization of $1.31B. Over the past 52 weeks the stock has ranged between $9.63 and $10.10, and currently trades 2.4% below its 52-week high. It pays a dividend yielding 3.65%.

Official website: fundresearch.fidelity.com/mutual-funds/summary/316203827

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