Fidelity Municipal Income Fund
FHIGX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Jan 2, 1980
- CIK
- 0000035373
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Municipal Income Fund (FHIGX) is an open-end mutual fund managed by Fidelity Investments that seeks a high level of current income exempt from federal income tax by investing primarily in investment-grade municipal securities. The fund normally invests at least 80% of its assets in municipal bonds and notes whose interest is exempt from federal income tax, including general obligation bonds, revenue bonds, and pre-refunded municipal securities; it allocates assets across various market sectors such as transportation, healthcare, education, utilities, housing, and water/sewer systems, as well as across different maturities; it may invest more than 25% of total assets in municipal securities financing similar types of projects and potentially allocate up to 20% to below-investment-grade securities or other debt obligations. Shares are offered to retail and institutional investors seeking tax-advantaged fixed income exposure in the U.S. national long-term municipal bond category. The fund, which commenced operations on December 1, 1977, is part of Fidelity Salem Street Trust and managed from Fidelity's headquarters at 245 Summer Street, Boston, Massachusetts. In recent periods, the fund has navigated municipal bond market volatility amid tariff concerns and interest rate changes, as highlighted in its Q2 2025 commentary, while maintaining its core strategy without reported mergers, acquisitions, partnerships, or significant structural changes within the last 1-2 years; portfolio management remains team-led, with key managers including Cormac Cullen overseeing related municipal strategies.