FSMJX — Fidelity SAI Conservative Income Municipal Bond Fund
Data updated: 2026-06-26
FSMJX — Fidelity SAI Conservative Income Municipal Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $1.45B AUM · 0.20% expense ratio · 3.2% 1-yr return. From SEC regulatory filings.
FSMJX Fund Overview
FSMJX — Fidelity SAI Conservative Income Municipal Bond Fund is a US mutual fund managed by Fidelity Salem Street 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 Salem Street Trust
- Category: Long Municipal - National Bond
- Assets under management: $1.45B
- 1-year return: 3.2%
- Ticker: FSMJX
- SEC CIK: 0000035315
- SEC series ID: S000082358
- Share class ID: C000245667
FSMJX Holdings
Top 10 holdings of Fidelity SAI Conservative Income Municipal Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Kentucky Higher Ed Student Ln Corp. Student Ln Rev | 2.80% |
| St James Parish La Rev | 2.47% |
| Port Port Arthur Tx Nav Dist E | 2.31% |
| Fidelity Revere Street Trust | 2.06% |
| Port Port Arthur Tx Nav Dist E | 1.98% |
| Dallas Fort Worth Tx Intl Arpt | 1.82% |
| Florida Ins Assistance Interlocal Agy Fla Ins Assmt Rev | 1.58% |
| Tender Opt Bd Tr Rcpts / Ctfs Var Sts | 1.47% |
| Tender Opt Bd Tr Rcpts / Ctfs Var Sts | 1.31% |
| Maricopa Cnty Az Pollution Ctl | 1.19% |
FSMJX Portfolio Allocation
Asset-class allocation of Fidelity SAI Conservative Income Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.5% |
| Cash & Equivalents | 2.1% |
FSMJX Performance
Total returns for FSMJX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.8% |
| 1 year | 3.2% |
| 3 years (annualised) | 3.3% |
FSMJX Risk Information
Risk metrics for FSMJX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.4%
FSMJX Costs and Fees
FSMJX costs about $20 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.20%
- Gross expense ratio: 0.21%
- Portfolio turnover: 64%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FSMJX Cashflows
Over the 12 months to 2026-04, Fidelity SAI Conservative Income Municipal Bond Fund had net outflows of $255.64M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $27.70K |
| 2026-03 | −$67.45M |
| 2026-02 | −$14.21M |
| 2026-01 | $1.19M |
| 2025-12 | $5.61M |
| 2025-11 | −$42.50M |
FSMJX Debt Constituents
Largest debt holdings of Fidelity SAI Conservative Income Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Kentucky Higher Ed Student Ln Corp. Student Ln Rev | 2.80% |
| St James Parish La Rev | 2.47% |
| Port Port Arthur Tx Nav Dist E | 2.31% |
| Port Port Arthur Tx Nav Dist E | 1.98% |
| Dallas Fort Worth Tx Intl Arpt | 1.82% |
| Florida Ins Assistance Interlocal Agy Fla Ins Assmt Rev | 1.58% |
| Tender Opt Bd Tr Rcpts / Ctfs Var Sts | 1.47% |
| Tender Opt Bd Tr Rcpts / Ctfs Var Sts | 1.31% |
| Maricopa Cnty Az Pollution Ctl | 1.19% |
| Philadelphia Pa Auth For Indl Dev Revs | 1.14% |
FSMJX Prospectus and SEC Filings
Official Fidelity SAI Conservative Income Municipal Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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.