- What does FMIXX invest in?
- Fidelity Municipal Trust II - Fidelity Michigan Municipal Money Market Fund (FMIXX) is a Mutual Fund that invests in the asset class and strategy described on this page. See the Holdings and Sectors tabs for full portfolio detail.
- What is the expense ratio of FMIXX?
- An expense ratio for Fidelity Municipal Trust II - Fidelity Michigan Municipal Money Market Fund (FMIXX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is the duration of FMIXX?
- Effective duration measures FMIXX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FMIXX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FMIXX?
- FMIXX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of FMIXX?
- Yield to maturity (YTM) is the total return you'd earn from FMIXX if every bond in the portfolio is held to maturity at the current price. FMIXX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
- How big is FMIXX?
- Fidelity Municipal Trust II - Fidelity Michigan Municipal Money Market Fund (FMIXX) manages — in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
