Fidelity Intermediate Municipal Fund Fundamentals
| FZICX Fund | USD 9.58 0.14 0.00% |
Fidelity Intermediate Municipal fundamentals help investors to digest information that contributes to Fidelity Intermediate's financial success or failures. It also enables traders to predict the movement of Fidelity Mutual Fund. The fundamental analysis module provides a way to measure Fidelity Intermediate's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fidelity Intermediate mutual fund.
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Fidelity Intermediate Municipal Mutual Fund One Year Return Analysis
Fidelity Intermediate's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Fidelity Intermediate One Year Return | 2.35 % |
Most of Fidelity Intermediate's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fidelity Intermediate Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Fidelity Intermediate Municipal has an One Year Return of 2.351%. This is 36.63% lower than that of the Fidelity Investments family and significantly higher than that of the Muni National Interm category. The one year return for all United States funds is notably lower than that of the firm.
Fidelity Intermediate Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fidelity Intermediate's current stock value. Our valuation model uses many indicators to compare Fidelity Intermediate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fidelity Intermediate competition to find correlations between indicators driving Fidelity Intermediate's intrinsic value. More Info.Fidelity Intermediate Municipal is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 30.48 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Fidelity Intermediate by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fidelity Intermediate's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fidelity One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity Intermediate's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Fidelity Intermediate could also be used in its relative valuation, which is a method of valuing Fidelity Intermediate by comparing valuation metrics of similar companies.Fidelity Intermediate is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Fidelity Intermediate
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Fidelity Intermediate's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Fidelity Fundamentals
| Total Asset | 10.33 B | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 0.07 % | |||
| One Year Return | 2.35 % | |||
| Three Year Return | (1.61) % | |||
| Five Year Return | 0.15 % | |||
| Ten Year Return | 2.15 % | |||
| Net Asset | 6.33 B | |||
| Cash Position Weight | 5.20 % | |||
| Bond Positions Weight | 0.58 % |