Fidelity Pennsylvania Municipal Fund Quote

FPXTX Fund  USD 10.44  0.02  0.19%   

Performance

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Odds Of Distress

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Fidelity Pennsylvania is trading at 10.44 as of the 21st of May 2024; that is -0.19 percent down since the beginning of the trading day. The fund's open price was 10.46. Fidelity Pennsylvania has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Fidelity Pennsylvania Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of April 2024 and ending today, the 21st of May 2024. Click here to learn more.
The fund normally invests at least 80 percent of its assets in investment-grade municipal securities whose interest is exempt from federal and Pennsylvania personal income taxes. Potentially it invests more than 25 percent of total assets in municipal securities that finance similar types of projects. More on Fidelity Pennsylvania Municipal

Moving together with Fidelity Mutual Fund

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Fidelity Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fidelity Pennsylvania's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Pennsylvania or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationFidelity Investments Funds, Large Funds, Muni Pennsylvania Funds, Muni Pennsylvania, Fidelity Investments, Large, Muni Pennsylvania (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date1st of March 2023
Fiscal Year EndDecember
Fidelity Pennsylvania Municipal [FPXTX] is traded in USA and was established 21st of May 2024. Fidelity Pennsylvania is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Muni Pennsylvania category and is part of Fidelity Investments family. This fund currently has accumulated 407.89 M in assets under management (AUM) with no minimum investment requirementsFidelity Pennsylvania is currently producing year-to-date (YTD) return of 0.13% with the current yeild of 0.01%, while the total return for the last 3 years was -0.93%.
Check Fidelity Pennsylvania Probability Of Bankruptcy

Instrument Allocation

Fidelity Pennsylvania Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Pennsylvania market risk premium is the additional return an investor will receive from holding Fidelity Pennsylvania long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Pennsylvania. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity Pennsylvania's alpha and beta are two of the key measurements used to evaluate Fidelity Pennsylvania's performance over the market, the standard measures of volatility play an important role as well.

Fidelity Pennsylvania Against Markets

Picking the right benchmark for Fidelity Pennsylvania mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fidelity Pennsylvania mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fidelity Pennsylvania is critical whether you are bullish or bearish towards Fidelity Pennsylvania Municipal at a given time. Please also check how Fidelity Pennsylvania's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fidelity Pennsylvania without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Fidelity Mutual Fund?

Before investing in Fidelity Pennsylvania, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fidelity Pennsylvania. To buy Fidelity Pennsylvania fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Pennsylvania. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Fidelity Pennsylvania fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Fidelity Pennsylvania Municipal fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Fidelity Pennsylvania Municipal fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Fidelity Pennsylvania Municipal, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Fidelity Pennsylvania Municipal?

The danger of trading Fidelity Pennsylvania Municipal is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fidelity Pennsylvania is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fidelity Pennsylvania. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Pennsylvania is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Pennsylvania Municipal. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Please note, there is a significant difference between Fidelity Pennsylvania's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Pennsylvania is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Pennsylvania's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.