- What does FPXTX invest in?
- This investment vehicle typically commits a substantial portion, at least 80%, of its holdings to high-quality municipal debt. The interest income generated from these securities is exempt from both federal and Pennsylvania personal income taxes. It is possible for the fund to allocate more than 25% of its entire asset base to municipal bonds that support analogous types of projects. To manage its portfolio, the fund strategically diversifies its investments across various market sectors and a range of maturity profiles.
- What is the expense ratio of FPXTX?
- Fidelity Pennsylvania Municipal Income Fund (FPXTX) charges an expense ratio of 0.47%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FPXTX's dividend yield?
- FPXTX's trailing-twelve-month yield is 3.01%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FPXTX?
- Effective duration measures FPXTX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FPXTX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FPXTX?
- FPXTX'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 FPXTX?
- Yield to maturity (YTM) is the total return you'd earn from FPXTX if every bond in the portfolio is held to maturity at the current price. FPXTX'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.
