Fidelity Connecticut Municipal Incom Fund (FICNX) Research
The Fidelity Connecticut Municipal Income Fund primarily invests in high-quality municipal bonds, dedicating at least 80% of its assets to these securities. The interest earned from these investments is exempt from both federal and Connecticut personal income taxes. The fund strategically distributes its holdings across various market sectors and bond maturities. A notable characteristic is its ability to allocate more than 25% of its total assets to municipal securities financing similar project categories. Additionally, as a non-diversified fund, it may concentrate its investments, potentially leading to increased volatility compared to diversified funds.
Market snapshot
- Symbol
- FICNX
- Price
- $11.11
- Day change
- +0.09%
- Market cap
- $369.9M
- 52-week range
- 10.72-11.27
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Ares Dynamic Credit Allocation Fund, Inc. (ARDC)
- Berkshire Focus Fund (BFOCX)
- Fidelity Pennsylvania Municipal Income Fund (FPXTX)
- VanEck Emerging Markets Fund (GBFAX)
- Haverford Quality Growth Stock Fund (HAVGX)
- BlackRock MuniHoldings New York Quality Fund, Inc. (MHN)
- BlackRock MuniYield Michigan Quality Fund, Inc. (MIY)
- Matthew 25 Fund (MXXVX)
Open Fidelity Connecticut Municipal Incom Fund (FICNX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.