FIMSX Performance — Fidelity Municipal Income 2025 Fund
Data updated: 2025-09-11
FIMSX returned +3.35% over one year to Jun 2025. Annualised returns are +2.39% over 3 years and +1.21% over 5 years. The fund trailed its Target-Date category average: $100 invested three years ago grew to $107, against $141 for the category, and to $103 over one year, against $112. Volatility over the past three years was 2.55% a year. In the 12 months to Jun 2025 the fund lost a net $3.3M, and assets reached $20.57M.
FIMSX Growth of $100
What $100 invested in Fidelity Municipal Income 2025 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | FIMSX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $103 | $112 |
| 3 years (Jul 2022 – Jun 2025) | $107 | $141 |
| 5 years (Jul 2020 – Jun 2025) | $106 | $154 |
| Since data start (Jul 2019 – Jun 2025) | $109 | $159 |
FIMSX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.35% |
| 3 years (annualised) | +2.39% |
| 5 years (annualised) | +1.21% |
FIMSX Annual Returns
Calendar-year total returns of Fidelity Municipal Income 2025 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | +1.51% |
| 2024 | +2.90% |
| 2023 | +2.83% |
| 2022 | −5.01% |
| 2021 | +0.79% |
| 2020 | +3.74% |
| 2019 (Jul–Dec) | +2.03% |
FIMSX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.5% | +0.1% | +0.3% | +0.1% | +0.3% | +0.3% | — | — | — | — | — | — |
| 2024 | +0.1% | +0.1% | +0.1% | +0.1% | +0.4% | +0.5% | +0.6% | +0.5% | +0.2% | 0.0% | +0.4% | +0.3% |
| 2023 | +1.2% | −1.5% | +1.4% | −0.4% | −0.4% | +0.5% | +0.2% | +0.1% | −0.5% | +0.2% | +1.5% | +0.7% |
| 2022 | −2.1% | −0.6% | −1.7% | −1.5% | +1.1% | −0.2% | +1.2% | −1.5% | −1.7% | −0.1% | +1.8% | +0.1% |
| 2021 | +0.5% | −0.9% | +0.3% | +0.6% | +0.1% | +0.1% | +0.6% | −0.1% | −0.4% | −0.2% | +0.1% | 0.0% |
| 2020 | +1.6% | +0.6% | −3.9% | −1.8% | +2.8% | +1.3% | +1.6% | +0.1% | +0.1% | +0.1% | +0.6% | +0.7% |
| 2019 | — | — | — | — | — | — | +1.1% | +0.9% | −1.1% | +0.4% | +0.1% | +0.4% |
FIMSX Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 2.55%
- 3-year Sharpe ratio: -0.83 (vs 4.5% risk-free rate)
- Best month: +1.80% (Nov 2022)
- Worst month: −1.69% (Sep 2022)
FIMSX Fund Flows
Monthly money in and out of Fidelity Municipal Income 2025 Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.3M
- 12-month gross sales (incl. reinvestments): $446K
- Sales ÷ redemptions: 0.12×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $29K | $329K | −$300K |
| May 2025 | $30K | $445K | −$416K |
| Apr 2025 | $29K | $430K | −$401K |
| Mar 2025 | $25K | $291K | −$267K |
| Feb 2025 | $29K | $174K | −$145K |
| Jan 2025 | $30K | $120K | −$90K |
| Dec 2024 | $29K | $525K | −$496K |
| Nov 2024 | $30K | $871K | −$841K |
| Oct 2024 | $30K | $102K | −$72K |
| Sep 2024 | $31K | $249K | −$218K |
| Aug 2024 | $31K | $91K | −$60K |
| Jul 2024 | $125K | $152K | −$27K |
FIMSX Assets Under Management
Net assets of Fidelity Municipal Income 2025 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $20.57M |
| 2025-03-31 | $21.66M |
| 2024-12-31 | $22.08M |
| 2024-09-30 | $23.46M |
| 2024-06-30 | $23.61M |
| 2024-03-31 | $24.41M |
| 2023-12-31 | $24.35M |
| 2023-09-30 | $24.24M |
| 2023-06-30 | $25.00M |
| 2023-03-31 | $25.03M |
| 2022-12-31 | $26.29M |
| 2022-09-30 | $25.88M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.