FUENX — Fidelity Flex Municipal Income Fund
Data updated: 2026-08-24
FUENX — Fidelity Flex Municipal Income Fund. Long Municipal - National Bond · $1.30B AUM · 0.00% expense ratio. Holdings, fees, performance and SEC filings.
FUENX Fund Overview
FUENX — Fidelity Flex 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: $1.30B
- 1-year return: 7.2%
- Ticker: FUENX
- SEC CIK: 0000035373
- SEC series ID: S000059247
- Share class ID: C000194469
FUENX Holdings
Top 10 holdings of Fidelity Flex 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 | 2.46% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 2.27% |
| Southeast Energy Authority A Cooperative District | 1.15% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 1.02% |
| Main Str Nat Gas, Inc. Ga Gas Supply Rev | 0.93% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.89% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.81% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.80% |
| Main Street Energy, Inc. | 0.70% |
| Cuyahoga Cnty Sales Tax | 0.63% |
FUENX Portfolio Allocation
Asset-class allocation of Fidelity Flex Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.2% |
| Cash & Equivalents | 2.5% |
FUENX Performance
Total returns for FUENX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.4% |
| 1 year | 7.2% |
| 3 years (annualised) | 4.5% |
| 5 years (annualised) | 1.5% |
FUENX Risk Information
Risk metrics for FUENX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.6%
FUENX Costs and Fees
FUENX costs about $0 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.00%
- Gross expense ratio: 0.00%
- Portfolio turnover: 10%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FUENX Cashflows
Over the 12 months to 2026-06, Fidelity Flex Municipal Income Fund had net inflows of $332.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $24.40M |
| 2026-05 | $58.15M |
| 2026-04 | $36.70M |
| 2026-03 | $10.09M |
| 2026-02 | $29.41M |
| 2026-01 | $28.89M |
FUENX Debt Constituents
Largest debt holdings of Fidelity Flex Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 2.27% |
| Southeast Energy Authority A Cooperative District | 1.15% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 1.02% |
| Main Str Nat Gas, Inc. Ga Gas Supply Rev | 0.93% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.89% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.81% |
| Black Belt Energy Gas Dist Alagas Proj Rev | 0.80% |
| Main Street Energy, Inc. | 0.70% |
| Cuyahoga Cnty Sales Tax | 0.63% |
| Chicago Il | 0.61% |
FUENX Prospectus and SEC Filings
Official Fidelity Flex 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.