# Fidelity Michigan Municipal Income (FMHTX)

> Source: Nexqual · https://nexqual.com/FMHTX · data as of 2026-10-24 00:08 UTC · cite as "Nexqual, Fidelity Michigan Municipal Income (FMHTX), nexqual.com/FMHTX" · informational, not investment advice.

**Price:** USD 11.23 (+0.27% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 11.2 · day 11.23–11.23 · 52w 10.85–11.81 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y -0.8% vs S&P 500 +13.4%; 5Y +1.6% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -0.8% | +1.6% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -0.8% | +0.3% |
| Volatility (annualized) | 3.6% | 5.2% |
| Max drawdown | -6.9% (Jun 2026→Sep 2026) | -13.3% (Dec 2021→Oct 2022) |

## Peers
FPXTX (Fidelity Pennsylvania Municipal) USD 10.15 +0.00% · FOHFX (Fidelity Ohio Municipal Income ) USD 11.18 -0.00% · FSAZX (Fidelity Arizona Municipal Inco) USD 11.19 +0.00% · FICNX (Fidelity Connecticut Municipal ) USD 10.75 +0.00% · FIMIX (Fidelity Minnesota Municipal In) USD 10.8 -0.00%

## More
Full page: https://nexqual.com/FMHTX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt