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Fidelity ® Maryland Municipal Income Fund

  • Symbol: SMDMX
  • No Transaction Fee No Transaction Fee 1

Portfolio Diversification

 2, 3, 4 More Information
AS OF 3/31/2016
Portfolio Weight Barclays Muni
Revenue Bonds 65.35% 54.03%
General Obligation Bonds 32.52% 44.97%
Cash & Net Other Assets 2.13% 1.00%
Additional Diversification
AS OF 3/31/2016
Futures, Options, and Swaps 0.00% --

Revenue Source Diversification

 4 More Information
AS OF 3/31/2016
Portfolio Weight Barclays Muni
Health Care 35.45% 8.08%
Local Obligations 26.29% 14.94%
Water & Sewer 13.03% 8.77%
Higher Education 7.21% 5.77%
Transportation 6.58% 14.34%
State Obligations 3.73% 17.20%
Pre-Refunded 2.80% 7.50%
Special Tax 2.50% 11.81%
Electric & Gas 0.27% 5.49%
Corporate-Backed 0.00% 2.12%
Housing 0.00% 1.13%
Lease/Other 0.00% 1.47%
Tobacco 0.00% 0.38%
Cash & Net Other Assets 2.14% 1.00%

Top 5 Issuers

 4 More Information
AS OF 3/31/2016
Total # of holdings: 104 as of 3/31/2016

Credit Quality

 4, 5 More Information
AS OF 3/31/2016
U.S. Government 0.00%
AAA 29.10%
AA 30.68%
A 24.65%
BBB 12.09%
BB 1.10%
B 0.00%
CCC & Below 0.00%
Short-Term Rated 0.00%
Not Rated/Not Available 0.23%
Cash & Net Other Assets 2.15%

Historical Fund Information

More Information
Other: Fund reopened to new accounts. 10/23/1997

Portfolio Data

More Information
Tax Equivalent Yield

Duration Distribution

 4 More Information
AS OF 3/31/2016
<= 1 year
1 <= 2 years
2 <= 3 years
3 <= 4 years
4 <= 5 years
5 <= 6 years
6 <= 8 years
8 <= 10 years
10+ years
Not Available

Maturity Distribution

 4 More Information
AS OF 3/31/2016
0 <= 1 year
1 <= 3 years
3 <= 5 years
5 <= 10 years
10 <= 15 years
15 <= 20 years
20+ years

Fixed Income StyleMap®*

 7 More Information
AS OF 2/29/2016
Credit Quality
Med current
Ltd Mod Ext
Interest Rate Sensitivity

Medium Quality Moderate Sensitivity

Hold securities with a medium asset-weighted average credit rating and a moderate sensitivity to interest rate changes as defined by the fund's effective duration, both according to Morningstar's rating system.

*99.57%  Fund Assets Covered

State Diversification

 4 More Information
AS OF 3/31/2016
Maryland 97.05%
Guam 0.81%
out of 104 holdings

Country Diversification

 4 More Information
AS OF 3/31/2016

Currency Diversification

 4 More Information
AS OF 3/31/2016
U.S. Dollar

Subject to Alternative Min Tax

More Information
AS OF  3/31/2016

Fund Facts

More Information
Fiscal Year End
Fund Inception
Fund Number
Fund Symbol
Order Cutoff Time
04:00 PM EST

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2. Net Other Assets can include fund receivables, fund payables, and offsets to other derivative positions, as well as certain assets that do not fall into any of the Portfolio Composition categories. Depending on the extent to which the fund invests in derivatives and the number of positions that are held for future settlement, Net Other Assets can be a negative number.

3. The percent of net assets invested in both domestic and foreign Equities (common stocks, preferred stocks, rights and warrants, convertible preferred stocks and stock index futures and options), Bond (all debt instruments, including investment grade, non-investment grade, non-rated securities and convertible bonds), and Cash & Net Other Assets (cash, repurchase agreements, receivables and payables).

4. Any holdings, asset allocation, diversification breakdowns or other composition data shown are as of the date indicated and are subject to change at any time. They may not be representative of the fund's current or future investments. The Top Ten holdings do not include money market instruments or futures contracts, if any. Depository receipts are normally combined with the underlying security. Some breakdowns may be intentionally limited to a particular asset class or other subset of the fund's entire portfolio, particularly in multi-asset class funds where the attributes of the equity and fixed income portions are different.

Under the asset allocation section, international (or foreign) assets may be reported differently depending on how an investment option reports its holdings. Some do not report international (or foreign) holdings here, but instead report them in a "Regional Diversification" section. Some report them in this section in addition to the equity, bond and other allocation shown. Others report international (or foreign) holding as a subset of the equity and bond allocations shown. If the allocation without the foreign component equals (or rounds to) 100%, then international (or foreign) is a subset of the equity and bond percentage shown.

5. Credit ratings for a rated issuer or security are categorized using the highest credit rating among the following three Nationally Recognized Statistical Rating Organizations ("NRSRO"): Moody's Investors Service (Moody');Standard & Poor's Rating Services (S&P); or Fitch, Inc. If none of these three NRSROs publishes a rating, then the security is categorized as Not Rated. All U.S. government securities are included in the U.S. Government category. The table information is based on the combined investments of the fund and its pro rata share of any investments in other Fidelity funds.

6. A standard yield calculation developed by the Securities and Exchange Commission for bond funds. The yield is calculated by dividing the net investment income per share earned during the 30-day period by the maximum offering price per share on the last day of the period. The yield figure reflects the dividends and interest earned during the 30-day period, after the deduction of the fund's expenses. It is sometimes referred to as "SEC 30-Day Yield" or "standardized yield".

7. Fixed Income StyleMap StyleMap depictions of mutual fund characteristics are produced using data and calculations provided by Morningstar, Inc. StyleMapsSM estimate characteristics of a fund's fixed income holdings over two dimensions: credit quality and interest rate sensitivity. Current StyleMap characteristics are calculated each time Morningstar receives updated portfolio holdings from a fund and are denoted with a dot. Historical StyleMap characteristics are calculated for the shorter of either the past 3 years or the life of the fund, and are represented by the shading of the box(es) previously occupied by the dot. StyleMap characteristics represent an approximate profile of the fund's holdings, are based on historical data, and are not predictive of the fund's future investments. Although the data are gathered from reliable sources, accuracy and completeness cannot be guaranteed.

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Morningstar Category: Muni Single State Interm
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