SMDMX — Fidelity Maryland Municipal Income Fund
Data updated: 2026-07-24
SMDMX — Fidelity Maryland Municipal Income Fund. Long Municipal - National Bond · $163.27M AUM. Holdings, fees, performance and SEC filings.
SMDMX Fund Overview
SMDMX — Fidelity Maryland Municipal Income Fund is a US mutual fund managed by Fidelity Union 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 Union Street Trust
- Category: Long Municipal - National Bond
- Assets under management: $163.27M
- 1-year return: 6.7%
- Ticker: SMDMX
- SEC CIK: 0000035330
- SEC series ID: S000007499
- Share class ID: C000020473
SMDMX Holdings
Top 10 holdings of Fidelity Maryland 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 | 4.44% |
| Baltimore Md Proj Rev | 3.26% |
| MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY | 1.93% |
| Montgomery Cnty Md | 1.90% |
| Baltimore Md Proj Rev | 1.84% |
| Baltimore Cnty Md | 1.84% |
| MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV | 1.70% |
| Maryland St Economic Dev Corp. Private Activity Rev | 1.58% |
| Baltimore Md Proj Rev | 1.55% |
| Frederick Cnty Md | 1.48% |
SMDMX Portfolio Allocation
Asset-class allocation of Fidelity Maryland Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 94.5% |
| Cash & Equivalents | 4.4% |
SMDMX Performance
Total returns for SMDMX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.0% |
| 1 year | 6.7% |
| 3 years (annualised) | 4.0% |
| 5 years (annualised) | 0.9% |
SMDMX Risk Information
Risk metrics for SMDMX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.2%
SMDMX Costs and Fees
SMDMX costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 0.55%
- Portfolio turnover: 22%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
SMDMX Cashflows
Over the 12 months to 2026-05, Fidelity Maryland Municipal Income Fund had net inflows of $7.59M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $1.94M |
| 2026-04 | −$249.61K |
| 2026-03 | $774.32K |
| 2026-02 | $900.58K |
| 2026-01 | $3.16M |
| 2025-12 | $1.42M |
SMDMX Debt Constituents
Largest debt holdings of Fidelity Maryland Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Baltimore Md Proj Rev | 3.26% |
| MARYLAND HEALTH and HIGHER EDUCATIONAL FACILITIES AUTHORITY | 1.93% |
| Montgomery Cnty Md | 1.90% |
| Baltimore Md Proj Rev | 1.84% |
| Baltimore Cnty Md | 1.84% |
| MARYLAND ST CMNTY DEV ADMIN DEPT HSG and CMNTY DEV | 1.70% |
| Maryland St Economic Dev Corp. Private Activity Rev | 1.58% |
| Baltimore Md Proj Rev | 1.55% |
| Frederick Cnty Md | 1.48% |
| Baltimore Cnty Md | 1.37% |
SMDMX Prospectus and SEC Filings
Official Fidelity Maryland Municipal Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-27
- Prospectus (485BPOS) — filed 2024-10-25
- Prospectus (485BPOS) — filed 2023-10-25
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2025-11-12
- Annual census (N-CEN) — filed 2024-11-13
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.