FROGX — Fidelity Municipal Income Fund
Data updated: 2026-08-24
FROGX — Fidelity Municipal Income Fund. Long Municipal - National Bond · $5.55B AUM · 0.50% expense ratio. Holdings, fees, performance and SEC filings.
FROGX Fund Overview
FROGX — Fidelity Municipal Income Fund is a US mutual fund managed by Fidelity Municipal Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Municipal Trust
- Category: Long Municipal - National Bond
- Assets under management: $5.55B
- 1-year return: 7.1%
- Ticker: FROGX
- SEC CIK: 0000035373
- SEC series ID: S000007131
- Share class ID: C000198968
FROGX Holdings
Top 10 holdings of Fidelity Municipal Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Revere Street Trust | 2.97% |
| Southeast Energy Authority A Cooperative District | 1.18% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 1.03% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 0.94% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.84% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.81% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 0.80% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.74% |
| Orange Cnty Fl Sch Brd Ctf Par | 0.72% |
| New York Ny Cty Mun Wtr Fin Au | 0.72% |
FROGX Portfolio Allocation
Asset-class allocation of Fidelity Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.1% |
| Cash & Equivalents | 3.0% |
FROGX Performance
Total returns for FROGX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.1% |
| 1 year | 7.1% |
| 3 years (annualised) | 4.0% |
| 5 years (annualised) | 0.9% |
FROGX Risk Information
Risk metrics for FROGX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.2%
FROGX Costs and Fees
FROGX costs about $50 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.50%
- Gross expense ratio: 0.50%
- Portfolio turnover: 20%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FROGX Cashflows
Over the 12 months to 2026-06, Fidelity Municipal Income Fund had net inflows of $1.03B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $1.78M |
| 2026-05 | $771.94M |
| 2026-04 | $19.41M |
| 2026-03 | $13.53M |
| 2026-02 | $28.04M |
| 2026-01 | $21.93M |
FROGX Debt Constituents
Largest debt holdings of Fidelity Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Southeast Energy Authority A Cooperative District | 1.18% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 1.03% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 0.94% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.84% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.81% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 0.80% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.74% |
| Orange Cnty Fl Sch Brd Ctf Par | 0.72% |
| New York Ny Cty Mun Wtr Fin Au | 0.72% |
| Main Street Energy, Inc. | 0.71% |
FROGX Prospectus and SEC Filings
Official Fidelity Municipal Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-24
- Prospectus (485BPOS) — filed 2025-02-25
- Prospectus (485BPOS) — filed 2024-02-26
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.