Fidelity Investments·2026-06-22·via All Articles on Seeking Alpha
Summary
Fidelity Municipal Income Fund is a diversified national municipal bond strategy investing in general obligation and revenue-backed municipal securities across the yield curve.
Tax-exempt municipal bonds were essentially flat in the first quarter of 2026, as a late-period pullback erased early-year gains amid concerns that the Iran war could lead to stagflation – that is, economic stagnation with high inflation.
Munis kicked off 2026 with a solid advance in January (+0.94%), lifted by powerful seasonal technical factors.
Mohamad Faizal Bin Ramli/iStock via Getty Images
Investment Approach
Fidelity® Municipal Income Fund is a diversified national municipal bond strategy investing in general obligation and revenue-backed municipal securities across the yield curve.
Our investment approach focuses on fundamental credit