Fidelity Municipal Income Fund Reports Q4 2025 Results

Diversified national municipal bond strategy sees continued growth in assets under management.

Published on Mar. 5, 2026

Fidelity Investments has released the Q4 2025 commentary for its Fidelity® Municipal Income Fund, a diversified national municipal bond strategy that invests in general obligation and revenue-backed municipal securities across the yield curve. The fund, which is part of Fidelity's $12.6 trillion in assets under administration, continues to see strong growth and performance as it serves a broad and growing customer base.

Why it matters

The Fidelity Municipal Income Fund's quarterly commentary provides insight into the performance and positioning of one of the largest municipal bond funds in the asset management industry. As a diversified national municipal bond strategy, the fund's results can be seen as a barometer for the broader municipal bond market and investor sentiment.

The details

The Fidelity® Municipal Income Fund invests in a range of municipal securities, including general obligation and revenue-backed bonds, across the yield curve. The fund, which is part of Fidelity's $12.6 trillion in total assets under administration, has continued to see strong growth and performance as it serves Fidelity's broad and growing customer base of individual and institutional investors.

  • The Q4 2025 commentary was published on March 5, 2026.

The players

Fidelity Investments

A privately held financial services firm founded in 1946 and headquartered in Boston, Massachusetts. Fidelity has $12.6 trillion in assets under administration and employs over 74,000 associates globally.

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The takeaway

The Fidelity Municipal Income Fund's strong performance and growth underscores the continued demand for diversified municipal bond strategies as investors seek stable income and capital preservation in the current market environment.