Which Funds Can FMHTX Replace?

Fidelity Michigan Municipal Income Fund Fund Opportunity uses the published comparison universe. Data as of 2026-10-02.

Funds FMHTX Can Replace

87 funds

FSI > 80 out of 507 similar funds

Competing Fund AUM

$52.34B

Assets in funds FMHTX can compete with and replace

Outperformance Rank

#208

Rank among 507 similar funds

Who Holds Credible Replacements?

604 firms

119,535 connected advisors

Opportunity analysis

FMHTX can replace 87 funds with FSI above 80 out of 507 similar funds, representing $52.34B in competing fund AUM. Its outperformance rank is #208 among those similar funds. 604 13F firms and 119,535 advisors are connected to credible replacements. The AUM-weighted historical probability of positive Information Ratio is 39.5%.

Fund details

Vehicle
Mutual fund
Issuer
nan
Focus
—
Net expense ratio
0.46%
Assets under management
$492.0M

Related fund research