FMBHX Performance — Fidelity Municipal Core Plus Bond Fund, Class Z
Data updated: 2025-04-14
FMBHX returned +2.71% over one year to Jan 2025. Over one year the fund beat its Long-Term Municipal Bond category average: $100 grew to $103, against $103 for the category. Volatility over the past 12 months was 3.62% a year. In the 12 months to Jan 2025 the fund took in a net $14.5M, and assets reached $68.11M.
FMBHX Growth of $100
What $100 invested in Fidelity Municipal Core Plus Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | FMBHX | Category average |
|---|---|---|
| 1 year (Feb 2024 – Jan 2025) | $103 | $103 |
| Since data start (Mar 2023 – Jan 2025) | $109 | $108 |
FMBHX Trailing Returns
Total returns to Jan 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.71% |
FMBHX Annual Returns
Calendar-year total returns of Fidelity Municipal Core Plus Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jan) | +0.59% |
| 2024 | +1.91% |
| 2023 (Mar–Dec) | +6.75% |
FMBHX 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 | +0.6% | — | — | — | — | — | — | — | — | — | — | — |
| 2024 | −0.2% | +0.2% | −0.1% | −1.2% | −0.3% | +1.7% | +0.9% | +1.0% | +1.1% | −1.3% | +1.4% | −1.2% |
| 2023 | — | — | +1.8% | +0.3% | −0.8% | +1.0% | +0.3% | −0.9% | −2.5% | −0.9% | +5.7% | +2.9% |
FMBHX Risk
Risk measures from monthly returns over Feb 2024 – Jan 2025.
- 1-year volatility (annualised): 3.62%
- Best month: +1.70% (Jun 2024)
- Worst month: −1.34% (Oct 2024)
FMBHX Fund Flows
Monthly money in and out of Fidelity Municipal Core Plus Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $14.5M
- 12-month gross sales (incl. reinvestments): $18.4M
- Sales ÷ redemptions: 4.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2025 | $760K | $479K | $280K |
| Dec 2024 | $1.9M | $814K | $1.1M |
| Nov 2024 | $3.9M | $580K | $3.3M |
| Oct 2024 | $2.1M | $458K | $1.6M |
| Sep 2024 | $1.8M | $241K | $1.6M |
| Aug 2024 | $1.9M | $135K | $1.7M |
| Jul 2024 | $1.6M | $156K | $1.4M |
| Jun 2024 | $1.1M | $76K | $989K |
| May 2024 | $993K | $125K | $868K |
| Apr 2024 | $949K | $512K | $437K |
| Mar 2024 | $1.1M | $206K | $920K |
| Feb 2024 | $418K | $98K | $319K |
FMBHX Assets Under Management
Net assets of Fidelity Municipal Core Plus Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-01-31 | $68.11M |
| 2024-10-31 | $63.63M |
| 2024-07-31 | $58.90M |
| 2024-04-30 | $54.83M |
| 2024-01-31 | $54.26M |
| 2023-10-31 | $38.50M |
| 2023-07-31 | $38.57M |
| 2023-04-30 | $31.90M |
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.