FENCX Mutual Fund

NAV$10.01

Fund Essentials - as of Mar 31, 2026

Net Assets
$1.5B
Expense Ratio
0.15%
Dividend Yield (Current)
2.79%
Holdings
2,317
Inception Date
Mar 18, 2025
Fund Family
Fidelity Investments (US)
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly

Performance

YTD+1.21%
1 Year+5.70%

Asset Allocation

Bonds: 93.23%
Cash: 5.05%
Other: 1.71%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
-Fidelity Municipal Cash Central Fund5.04%
VTEBVanguard Tax-Exempt Bond1.26%
MUBIshares National Muni Bond ETF0.45%
-Tennessee St Energy Acquisitio Tnsutl 11/34 Fixed 50.36%
CA CAS 5 09/01/2038California St 01/09/20380.33%
Top 10 Concentration: 8.87%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
2.79%
Frequency
Monthly

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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FENCX Mutual Fund Overview

FENCX Mutual Fund (Fidelity SAI Enhanced Municipal Income Fund) is managed by Fidelity Investments (US) with $1.54B in net assets. FENCX expense ratio is 0.15%, holding 2317 positions across sectors including Other, Financials, Utilities. Inception date: 2025-03-18.

FENCX performance shows a YTD return of 1.21%. The 1-year return is 5.70%. FENCX dividend yield stands at 2.79%, paid monthly.

FENCX top holdings include Fidelity Municipal Cash Central Fund (5.0%), Vanguard Tax-Exempt Bond (1.3%), Ishares National Muni Bond ETF (0.5%), Tennessee St Energy Acquisitio Tnsutl 11/34 Fixed 5 (0.4%), California St 01/09/2038 (0.3%). View all FENCX holdings, sector breakdown, or dividend history.

FENCX can be compared against other funds using the overlap calculator or side-by-side comparison tool. FENCX alternatives are available via the screener, along with tax-loss harvesting opportunities.