| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
5
5
3
5
2
|
|
Zacks Investment Research
2
(Buy)
|
|
Standard & Poor's
5 / 5 Stars
|
|
TheStreet.com
A-
(Buy)
|
#2 in Muni Ohio
U.S. News evaluated 16 Muni Ohio Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 5.56 percent over the past year, 6.00 percent over the past three years, 5.69 percent over the past five years, and 4.78 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 1.3% |
| 1 Year | 5.6% |
| 3 Years (Annualized) | 6.0% |
| 5 Years (Annualized) | 5.7% |
| 10 Years (Annualized) | 4.8% |
Summary
The investment seeks a high level of current income exempt from federal income tax and Ohio personal income tax. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Ohio personal income taxes. It invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund allocates assets across different market sectors and maturities.
Fees
Fees are Low compared to funds in the same category.
Fidelity Ohio Municipal Income Fund has an expense ratio of 0.49 percent.
Risk
Risk is Average compared to funds in the same category according to Morningstar.
