# Portfolio overlap — FPXTX vs FDMMX

Comparing **Fidelity Pennsylvania Municipal Income Fund** (2026-03-31) and **Fidelity Massachusetts Municipal Income Fund** (2026-01-31).

- Shared positions: 7
- Fidelity Pennsylvania Municipal Income Fund covered by Fidelity Massachusetts Municipal Income Fund: 0.03607422972322875226151954770
- Fidelity Massachusetts Municipal Income Fund covered by Fidelity Pennsylvania Municipal Income Fund: 0.03607422972322875226151954770

## Fidelity Pennsylvania Municipal Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| ALLEG PA ARPT 5% 1/1/2051 @ | 0.027020 |  |
| Fidelity Municipal Cash Central Fund | 0.026143 | ✓ |
| WASTE MANAGEMENT INC (MPT) 4.6% 10-01-46 | 0.024541 |  |
| WASTE MANAGEMENT PA OBLIGATED GROUP (MPT) 3.4% 08-01-45 | 0.022557 |  |
| PHIL PA AIRPORT 5% 7/1/2034 @ | 0.022397 |  |
| Pennsylvania Turnpike Commission, Series 2024, RB | 0.021376 |  |
| PHIL PA GAS/AGM 5% 8/1/50 | 0.020249 |  |
| PHILA PA 5% 2/1/2039 | 0.017889 |  |
| DEL RIV PORT 5% 1/1/2037 | 0.015044 |  |
| PENNSYLVANIA ST UNIV | 0.014172 |  |
| Pennsylvania Turnpike Commission, Series 2019, RB | 0.013799 |  |
| PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE | 0.013674 |  |
| Pennsylvania Turnpike Commission | 0.012884 |  |
| PENNSYLVANIA HI 5% 6/1/2032 @ | 0.012457 |  |
| Temple University-of The Commonwealth System of Higher Education, Series 2025 | 0.012124 |  |
| PHIL PA WTR/AGM 5.5% 9/1/53 | 0.011941 |  |
| Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Series 2025A | 0.011789 |  |
| Pennsylvania Turnpike Commission, Series 2020B | 0.011567 |  |
| PENNSYLVANIA EC 5% 12/15/2047 | 0.011460 |  |
| PA TURNPIKE COMM-A | 0.011172 |  |
| PHIL PA CHOP 24B-2 Q=JP V1 | 0.011055 |  |
| MONTGMRY CNTY 5% 3/1/2035 | 0.010787 |  |
| PITT WTR and SWR 5.25% 9/1/2050 | 0.010566 |  |
| Pennsylvania Higher Education Assistance Agency | 0.010560 |  |
| Coatesville School District | 0.010333 |  |
| MONTGMRY CNTY 5% 3/1/2027 | 0.009903 |  |
| LEHIGH VY HLTH NETWRK OBG | 0.009694 |  |
| WELLSPAN HEALTH SER B 5% 6/1/2029 | 0.009585 |  |
| PHILA PA 5% 8/1/2028 | 0.009504 |  |
| Pittsburgh Water & Sewer Authority, Series 2026A | 0.009191 |  |
| Northampton County General Purpose Authority | 0.009025 |  |
| Pennsylvania Turnpike Commission, Series 2025, RB | 0.008912 |  |
| Northampton (County of), PA General Purpose Authority (St. Luke's University Health Network), Series 2018 A, Ref. RB | 0.008565 |  |
| LANCASTER PA SD 5% 6/1/2041 | 0.008543 |  |
| Pennsylvania Turnpike Commission, Series 2021A | 0.008495 |  |
| COM FIN AUTH PA 5% 6/1/2032Q | 0.008479 |  |
| PITT WTR and SWR 5% 9/1/2044 | 0.008362 |  |
| Pennsylvania Turnpike Commission, Turnpike Revenue Bonds, Subordinate Series 2021A | 0.008312 |  |
| PENNSYLVANIA ST | 0.008301 |  |
| Pittsburgh Water & Sewer Authority, Series 2026A | 0.008096 |  |
| Dallas Area Municipal Authority, Series 2019 | 0.007848 |  |
| MONT PA HR ED 5% 10/1/2040 | 0.007773 |  |
| PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE | 0.007645 |  |
| ALLEG PA ARPT 4% 1/1/2046 @ | 0.007614 |  |
| PHIL PA WTR 5% 10/1/2040 | 0.007605 |  |
| PA TPK COMM-A | 0.007325 |  |
| PHILA PA 5% 8/1/2029 | 0.007263 |  |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue | 0.007119 |  |
| Pennsylvania Turnpike Commission, Series 2025, RB | 0.007087 |  |
| PHILA PA 5% 2/1/2038 | 0.007077 |  |

## Fidelity Massachusetts Municipal Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Fidelity Municipal Cash Central Fund | 0.079842 | ✓ |
| MA ST 5% 9/1/2049 | 0.028784 |  |
| COMMONWLTH OF 5% 12/1/2037 | 0.021950 |  |
| MA ST 5% 11/1/52 | 0.018613 |  |
| MA TPK CAB-SR-SER A | 0.017206 |  |
| MA ST 3% 2/1/2048 | 0.016395 |  |
| MA ST 5% 11/1/2050 | 0.013400 |  |
| MA ST 5.25% 1/1/2033 | 0.012712 |  |
| COMMONWLTH OF 5% 12/1/2036 | 0.012385 |  |
| MA ST TRANS REV 5% 6/1/2053 | 0.011743 |  |
| MA ST SPL OB DE 5.50% NATL/FGIC 1/1/2030 | 0.010591 |  |
| MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV FGIC | 0.009685 |  |
| MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.009473 |  |
| MA ST 3% 4/1/2048 | 0.009206 |  |
| MA ST HSG FIN AGY-C2 | 0.009097 |  |
| MASSACHUSETTS ST PORT AUTH REGD B/E AMT 5.00000000 | 0.009083 |  |
| MA ST TRANS REV 5% 6/1/2044 | 0.009077 |  |
| MA ST TRANS REV 5% 6/1/2042 | 0.009044 |  |
| MA ST TRANS REV 5.25% 6/1/2043 | 0.008430 |  |
| MASS DFA SOUTHCST HLTH 4% 7/43 | 0.008237 |  |
| BOSTON MA 5% 2/1/2039 | 0.008073 |  |
| MA CL WTR TR 5% 2/1/2039 | 0.007860 |  |
| MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.007613 |  |
| MA TPK CAB-SR-SER A | 0.006754 |  |
| MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.006622 |  |
| MA PORT 5% 7/1/2038@ | 0.006586 |  |
| MA ST 5% 7/1/2048 | 0.006340 |  |
| MBTA SLS TAX 5.25% 7/1/2052 | 0.006235 |  |
| MASS DEV FIN AGY-K | 0.006113 |  |
| MA ED LN AUTH 5% 7/1/2030 @ | 0.005937 |  |
| MA ST 5% 1/1/2037 | 0.005915 |  |
| MA DFA 5% 4/1/2033 | 0.005862 |  |
| MA ED LN AUTH 5% 7/1/2027 @ | 0.005858 |  |
| MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE | 0.005812 |  |
| MA ST 3% 4/1/2049 | 0.005689 |  |
| MA ST 5% 1/1/2049 | 0.005683 |  |
| MA ST HSG FIN A 3.15% 6/1/2030 | 0.005618 |  |
| Massachusetts (Commonwealth of), Series 2024, GO Bonds | 0.005130 |  |
| MA ST TRANS REV 5% 6/1/2041 | 0.004883 |  |
| MASSACHUSETTS ST PORT AUTH SPL FACS REVENUE | 0.004872 |  |
| MA ST 5% 11/1/2043 | 0.004847 |  |
| Massachusetts Development Finance Agency, Series 2024 U-1 | 0.004738 |  |
| MBTA SLS TAX 5.25% 7/1/2053 | 0.004698 |  |
| MA ST TRANS REV 5% 6/1/2047 | 0.004669 |  |
| MA WTR 5% 8/1/42 | 0.004396 |  |
| MASSACHUSETTS ST DEV FIN AGY REVENUE | 0.004388 |  |
| MA ST TRANS REV 5% 6/1/2048 | 0.004276 |  |
| MBTA SLS TAX 0% 7/1/2032 | 0.004257 |  |
| MA CL WTR TR 5% 2/1/2037 | 0.004246 |  |
| MASS DEVEL FIN 4% 7/1/2040 | 0.004158 |  |


## Sources

- N-PORT (fund A) — accession `0000035402-26-003410` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/35373/000003540226003410/0000035402-26-003410-index.htm>
- N-PORT (fund B) — accession `0000035402-26-002005` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/357057/000003540226002005/0000035402-26-002005-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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