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Morningstar

Fidelity New Jersey Municipal Income FNJHX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 11.49  /  +0.10 %
  • Total Assets 528.7 Mil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni New Jersey
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.88%
  • Effective Duration 6.12 years

USD | NAV as of Jul 02, 2024 | 1-Day Return as of Jul 02, 2024, 10:13 PM GMT+0

Morningstar’s Analysis FNJHX

Will FNJHX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FNJHX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FNJHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FNJHX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Fidelity New Jersey Municipal Income's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FNJHX

More FNJHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Municipal Cash Central

7.33 38.2 Mil
Cash and Equivalents

NEW JERSEY ST TRANSN TR FD AUTH 0%

2.88 15.0 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 0%

2.22 11.6 Mil
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH 5%

2.15 11.2 Mil
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH 3.2%

2.11 11.0 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5.25%

2.05 10.7 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 0%

1.74 9.1 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 0%

1.58 8.3 Mil
municipal

NEW JERSEY ST TRANSN TR FD AUTH 0%

1.43 7.5 Mil
municipal

NEW JERSEY HEALTH CARE FACS FING AUTH REV 3%

1.43 7.4 Mil
municipal