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FLHNHX

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Analysis and statistics

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About

FLHNHX.US represents the Fidelity Limited Term Municipal Income Fund, a mutual fund managed by Fidelity Investments. This fund primarily invests in a diversified portfolio of investment-grade municipal securities with the goal of providing current income exempt from federal income tax. The fund's investment strategy focuses on securities with shorter maturities, typically less than five years, which can make it less sensitive to interest rate fluctuations compared to longer-term bond funds. Investors should carefully review the fund's prospectus for a comprehensive understanding of its objectives, risks, and expenses.

Factors

Fund Performance: Higher returns attract investors, increasing demand and price.

Market Conditions: Overall market trends (bullish/bearish) influence investor sentiment and fund valuation.

Interest Rates: Rising rates can make bonds less attractive, potentially lowering the price.

Credit Risk: Changes in the creditworthiness of bond issuers affect the perceived risk and value of the fund's holdings.

Expense Ratio: Higher fees can detract from returns, making the fund less desirable.

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