Fidelity Municipal Income Fund Ten Year Return

FHIGX Fund  USD 12.25  0.01  0.08%   
Fidelity Municipal Income fundamentals help investors to digest information that contributes to Fidelity Municipal'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 Municipal'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 Municipal mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Fidelity Ten Year Return Analysis

Fidelity Municipal's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.

Ten Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Ten Year Return | All Equity Analysis

Current Fidelity Municipal Ten Year Return

    
  4.19 %  
Most of Fidelity Municipal's fundamental indicators, such as Ten 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 Municipal Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Competition

Fidelity Municipal Ten Year Return Component Assessment

Based on the latest financial disclosure, Fidelity Municipal Income has a Ten Year Return of 4.19%. This is 67.6% higher than that of the Fidelity Investments family and significantly higher than that of the Muni National Long category. The ten year return for all United States funds is notably lower than that of the firm.

Fidelity Ten Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fidelity Municipal's direct or indirect competition against its Ten 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 Municipal could also be used in its relative valuation, which is a method of valuing Fidelity Municipal by comparing valuation metrics of similar companies.
Fidelity Municipal is currently under evaluation in ten year return among similar funds.

Fund Asset Allocation for Fidelity Municipal

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 Municipal'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

About Fidelity Municipal Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fidelity Municipal Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fidelity Municipal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fidelity Municipal Income based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The fund normally invests at least 80 percent of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It allocates assets across different market sectors and maturities. Potentially the fund invests more than 25 percent of total assets in municipal securities that finance similar types of projects.

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Check out Fidelity Municipal Piotroski F Score and Fidelity Municipal Altman Z Score analysis.
Note that the Fidelity Municipal Income information on this page should be used as a complementary analysis to other Fidelity Municipal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Fidelity Mutual Fund analysis

When running Fidelity Municipal's price analysis, check to measure Fidelity Municipal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fidelity Municipal is operating at the current time. Most of Fidelity Municipal's value examination focuses on studying past and present price action to predict the probability of Fidelity Municipal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fidelity Municipal's price. Additionally, you may evaluate how the addition of Fidelity Municipal to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Fidelity Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Municipal'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.