FPXTX Performance — Fidelity Pennsylvania Municipal Income Fund
Data updated: 2026-08-24
FPXTX returned +1.84% year to date and +6.52% over one year to Jun 2026. Annualised returns are +3.85% over 3 years and +0.81% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $112, against $111 for the category, and to $107 over one year, against $106. Volatility over the past three years was 5.49% a year. In the 12 months to Jun 2026 the fund took in a net $38.9M, and assets reached $450.18M.
FPXTX Growth of $100
What $100 invested in Fidelity Pennsylvania Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | FPXTX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $107 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $112 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $104 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $113 | $112 |
FPXTX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.84% |
| 1 year | +6.52% |
| 3 years (annualised) | +3.85% |
| 5 years (annualised) | +0.81% |
FPXTX Annual Returns
Calendar-year total returns of Fidelity Pennsylvania Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.84% |
| 2025 | +3.98% |
| 2024 | +1.83% |
| 2023 | +6.38% |
| 2022 | −9.65% |
| 2021 | +2.28% |
| 2020 | +4.31% |
| 2019 (Jul–Dec) | +2.23% |
FPXTX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +1.2% | −2.2% | +1.0% | +0.4% | +0.8% | — | — | — | — | — | — |
| 2025 | +0.3% | +0.9% | −1.7% | −0.5% | −0.2% | +0.6% | −0.3% | +0.9% | +2.2% | +1.3% | +0.2% | +0.3% |
| 2024 | −0.1% | +0.1% | +0.1% | −1.2% | −0.2% | +1.5% | +0.9% | +0.6% | +1.2% | −1.4% | +1.6% | −1.2% |
| 2023 | +2.8% | −2.3% | +2.0% | −0.2% | −0.7% | +0.9% | +0.2% | −1.3% | −2.7% | −1.2% | +6.5% | +2.6% |
| 2022 | −2.6% | −0.4% | −2.9% | −3.2% | +0.8% | −1.8% | +2.4% | −2.4% | −3.5% | −1.1% | +4.9% | −0.1% |
| 2021 | +0.6% | −1.5% | +0.7% | +1.1% | +0.5% | +0.3% | +0.8% | −0.4% | −0.8% | −0.2% | +0.9% | +0.2% |
| 2020 | +1.7% | +1.5% | −3.5% | −2.3% | +2.9% | +0.8% | +1.7% | −0.3% | 0.0% | −0.2% | +1.5% | +0.7% |
| 2019 | — | — | — | — | — | — | +0.8% | +1.8% | −0.7% | 0.0% | +0.1% | +0.2% |
FPXTX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 5.49%
- 3-year Sharpe ratio: -0.12 (vs 4.5% risk-free rate)
- Best month: +6.51% (Nov 2023)
- Worst month: −2.72% (Sep 2023)
FPXTX Fund Flows
Monthly money in and out of Fidelity Pennsylvania Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: $38.9M
- 12-month gross sales (incl. reinvestments): $122.5M
- Sales ÷ redemptions: 1.46×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $8.9M | $7.5M | $1.4M |
| May 2026 | $11.8M | $6.9M | $4.9M |
| Apr 2026 | $8.7M | $14.0M | −$5.3M |
| Mar 2026 | $15.2M | $9.1M | $6.2M |
| Feb 2026 | $11.4M | $4.4M | $7.0M |
| Jan 2026 | $13.5M | $4.8M | $8.7M |
| Dec 2025 | $12.8M | $6.2M | $6.6M |
| Nov 2025 | $6.7M | $5.9M | $738K |
| Oct 2025 | $10.6M | $6.4M | $4.2M |
| Sep 2025 | $7.1M | $5.0M | $2.1M |
| Aug 2025 | $8.7M | $4.7M | $4.1M |
| Jul 2025 | $7.1M | $8.7M | −$1.6M |
FPXTX Assets Under Management
Net assets of Fidelity Pennsylvania Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $450.18M |
| 2026-03-31 | $442.51M |
| 2025-12-31 | $425.85M |
| 2025-09-30 | $410.20M |
| 2025-06-30 | $397.62M |
| 2025-03-31 | $396.47M |
| 2024-12-31 | $389.90M |
| 2024-09-30 | $405.73M |
| 2024-06-30 | $397.50M |
| 2024-03-31 | $399.08M |
| 2023-12-31 | $404.31M |
| 2023-09-30 | $384.66M |
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.