FUEMX — Fidelity Flex Conservative Income Municipal Bond Fund
Data updated: 2026-05-26
FUEMX — Fidelity Flex Conservative Income Municipal Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $261.38M AUM · 0.00% expense ratio · 3.2% 1-yr return. From SEC regulatory filings.
FUEMX Fund Overview
FUEMX — Fidelity Flex Conservative Income Municipal Bond 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: $261.38M
- 1-year return: 3.2%
- Ticker: FUEMX
- SEC CIK: 0000035373
- SEC series ID: S000059246
- Share class ID: C000194468
FUEMX Holdings
Top 10 holdings of Fidelity Flex Conservative Income Municipal Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Revere Street Trust | 8.75% |
| Port Port Arthur Tx Nav Dist E | 4.59% |
| Kentucky Higher Ed Student Ln Corp. Student Ln Rev | 3.95% |
| St James Parish La Rev | 3.48% |
| Tender Opt Bd Tr Rcpts / Ctfs Var Sts | 3.10% |
| Dallas Fort Worth Tx Intl Arpt | 1.48% |
| Florida Ins Assistance Interlocal Agy Fla Ins Assmt Rev | 1.19% |
| District Columbia | 1.03% |
| Rib Floater Trust Various Sts | 0.99% |
| Tender Opt Bd Tr Rcpts / Ctfs Var Sts | 0.99% |
FUEMX Portfolio Allocation
Asset-class allocation of Fidelity Flex Conservative Income Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 91.9% |
| Cash & Equivalents | 8.7% |
FUEMX Performance
Total returns for FUEMX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.7% |
| 1 year | 3.2% |
| 3 years (annualised) | 3.5% |
| 5 years (annualised) | 2.4% |
FUEMX Risk Information
Risk metrics for FUEMX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.4%
FUEMX Costs and Fees
FUEMX costs about $0 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.00%
- Gross expense ratio: 0.00%
- Portfolio turnover: 62%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FUEMX Cashflows
Over the 12 months to 2026-03, Fidelity Flex Conservative Income Municipal Bond Fund had net inflows of $46.05M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $6.72M |
| 2026-02 | $6.82M |
| 2026-01 | $5.77M |
| 2025-12 | $85.06K |
| 2025-11 | $2.51M |
| 2025-10 | −$1.67M |
FUEMX Debt Constituents
Largest debt holdings of Fidelity Flex Conservative Income Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Port Port Arthur Tx Nav Dist E | 4.59% |
| Kentucky Higher Ed Student Ln Corp. Student Ln Rev | 3.95% |
| St James Parish La Rev | 3.48% |
| Tender Opt Bd Tr Rcpts / Ctfs Var Sts | 3.10% |
| Dallas Fort Worth Tx Intl Arpt | 1.48% |
| Florida Ins Assistance Interlocal Agy Fla Ins Assmt Rev | 1.19% |
| District Columbia | 1.03% |
| Tender Opt Bd Tr Rcpts / Ctfs Var Sts | 0.99% |
| Rib Floater Trust Various Sts | 0.99% |
| Tender Opt Bd Tr Rcpts / Ctfs Var Sts | 0.96% |
FUEMX Prospectus and SEC Filings
Official Fidelity Flex 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.