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FUENX Fidelity Flex Municipal Income Forecast, Technical & Fundamental Analysis

The investment seeks to provide a high current yield exempt from federal income tax... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide a high current yield exempt from federal income tax. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. The advisor manages the fund to have similar overall interest rate risk to the Bloomberg Municipal Bond Index. The fund allocates assets across different market sectors and maturities. It potentially invests more than 25% of total assets in municipal securities that finance similar types of projects.
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A.I. Advisor
published General Information

General Information

Category MuniNationalLong

Profile
Details
Category
Muni National Long
Address
Fidelity Municipal Trust82 Devonshire StreetBoston
Phone
N/A
Web
www.institutional.fidelity.com
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FUENX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FUENX has been closely correlated with MISHX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if FUENX jumps, then MISHX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FUENX
1D Price
Change %
FUENX100%
+0.10%
MISHX - FUENX
97%
Closely correlated
N/A
FKTIX - FUENX
96%
Closely correlated
+0.09%
LANSX - FUENX
96%
Closely correlated
+0.10%
VWLTX - FUENX
92%
Closely correlated
N/A
VWLUX - FUENX
92%
Closely correlated
N/A
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Fidelity Flex Municipal Income (FUENX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com