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Fidelity New Jersey Municipal Income (FNJHX)

11.41 +0.01 (+0.09%)
At close: 8:07:08 PM EST

Fund Summary

The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and New Jersey personal income taxes. The advisor allocates assets across different market sectors and maturities. The fund invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.

Fidelity New Jersey Municipal Income

Boston, MA 02109
82 Devonshire St.
617-563-7000

Fund Overview

Category Muni New Jersey
Fund Family Fidelity Investments
Net Assets 733.31M
YTD Return -4.06%
Yield 3.21%
Morningstar Rating
Inception Date Dec 31, 1987

Fund Operations

Last Dividend 0.27
Last Cap Gain 0.00
Holdings Turnover 12.00%
Average for Category --

Fees & Expenses

Expense FNJHX Category Average
Annual Report Expense Ratio (net)
0.45% 1.20%
Prospectus Net Expense Ratio
0.45% --
Prospectus Gross Expense Ratio
0.45% --
Max 12b1 Fee
-- --
Max Front End Sales Load
-- 3.93%
Max Deferred Sales Load
-- 1.40%
3 Yr Expense Projection
0 --
5 Yr Expense Projection
0 --
10 Yr Expense Projection
0 --

Management Information

Michael Maka is Co-Portfolio Manager of Fidelity ® Municipal Core Plus Bond Fund, which he has managed since 2023. He also manages other funds. Since joining Fidelity Investments in 2000, Mr. Maka has worked as the head of municipal trading and a portfolio manager.

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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