# Portfolio overlap — FUEMX vs FSTFX

Comparing **Fidelity Flex Conservative Income Municipal Bond Fund** (2026-03-31) and **Fidelity Limited Term Municipal Income Fund** (2026-03-31).

- Shared positions: 52
- Fidelity Flex Conservative Income Municipal Bond Fund covered by Fidelity Limited Term Municipal Income Fund: 0.1124108476895864073136351696
- Fidelity Limited Term Municipal Income Fund covered by Fidelity Flex Conservative Income Municipal Bond Fund: 0.1124108476895864073136351698

## Fidelity Flex Conservative Income Municipal Bond Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Fidelity Municipal Cash Central Fund | 0.086900 | ✓ |
| Port of Port Arthur Navigation District | 0.045613 |  |
| KY STUD LN 23-1A1 L=BA V7@ | 0.039228 |  |
| SAINT JAMES PARISH LA REVENUE PARISH OF ST JAMES LA | 0.034571 |  |
| CO ST COMMONSPIRIT HLTH 2022-XM1059-ALL Q=JPMC BK D7 | 0.030846 |  |
| DFW ARPT 5% 11/1/2027 @ | 0.014683 |  |
| Florida Insurance Assistance Interlocal Agency Inc | 0.011860 |  |
| DC DIS 06/01/2051 | 0.010263 |  |
| CA MFH TERESINA APTS BAML25-6045 BA/BA D1@ | 0.009883 |  |
| Rib Floater Trust Various States | 0.009883 |  |
| BRIGHTLINE FL PASSENGER RAIL 2024-XF1704-NUV E-AGM(RC)/RC D7@ | 0.009503 |  |
| MUNIBOND | 0.008795 |  |
| BINGHAMTON CITY NY 4/10/26 BAN | 0.008745 |  |
| NY MTA TRANS 2022-XF1355-NUV Q=JPMC BK D7 | 0.008743 |  |
| SAN FRANCISCO CA CITY and CNTY MF HSG 2022-MIZ9115 MZ/MZ D35 | 0.008362 |  |
| BELLEVILLE TWP ESSEX CNTY NJ 7/7/26 BAN | 0.008003 |  |
| CA MFH FOUNTAIN PK 2025-MIZ9233 MZ/MZ D35@ | 0.007982 |  |
| ALLEG PA ARPT 5% 1/1/2027 @ | 0.007723 | ✓ |
| WASTE MANAGEMENT INC (MPT) 4.6% 10-01-46 | 0.007625 |  |
| CA CMNTY CHOICE FIN AUTH 2022-XF3007-NUV Q=MO D7 | 0.007621 |  |
| Tender Option Bond Trust Receipts/Certificates | 0.007602 |  |
| LYNCHBURG VA EDA CENTRA HLTH 2018-XL0075-NUV Q=JPMC BK D7 | 0.007602 |  |
| PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV | 0.007602 |  |
| Iowa Finance Authority | 0.007488 |  |
| MAIN STR NAT GA 5% 6/1/2026 | 0.007240 |  |
| HUMBLE TX ISD 0% 2/15/2029 | 0.007120 |  |
| WA ST HSG FIN | 0.006875 |  |
| PRT ARTHR TX MTVA10E Q=SELF V7 | 0.006842 |  |
| CHTNOOGA TN COMNSPIRIT HLTH V7 | 0.006842 |  |
| NTHSIDE TX ISD 3% MT | 0.006082 |  |
| AL SE ENERGY G=MO 2022-XG0410-NUV Q=MO D7 | 0.006082 |  |
| LA CA AIRPT 5% 5/15/2026 @ | 0.006080 |  |
| MI MISMFH 12/01/2042 | 0.005948 |  |
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL V7 | 0.005797 |  |
| TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES | 0.005702 |  |
| Tender Option Bond Trust Receipts/Certificates | 0.005702 |  |
| Philadelphia Authority for Industrial Development | 0.005512 |  |
| WAYNE COUNTY AIRPORT AUTHORITY | 0.005509 |  |
| MI MISMFH 12/01/2042 | 0.005378 |  |
| NATIONAL FN AT 4.25% MT@ | 0.005362 |  |
| Tender Option Bond Trust Receipts/Certificates | 0.005322 |  |
| WA ST HLTH CAR 5% 8/15/2026 | 0.005189 |  |
| PORT SEATTLE 5% 10/1/2028 @ | 0.005145 |  |
| WASTE MANAGEMENT INC (MPT) 3.45% 12-01-44 | 0.004942 |  |
| Omaha Nebraska Airport Authority, Tender Option Bond Trust Receipts/Certificates, Series 2024-XG0593 | 0.004941 |  |
| TX ST MF HSG ROERS BOERNE 2023-MIZ9124 MZ/MZ D35 | 0.004941 |  |
| REPUBLIC SERVICES INC (MPT) 3.45% 07-01-41 | 0.004941 |  |
| WASTE MANAGEMENT INC (MPT) 3.45% 06-01-55 | 0.004939 | ✓ |
| COLUMBUS HSG RE 3.19% 6/1/2044 MT | 0.004625 |  |
| KY WKU STUDENT LIFE 2026-MS0090 MO/MO D7 | 0.004561 |  |

## Fidelity Limited Term Municipal Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Fidelity Municipal Cash Central Fund | 0.054522 | ✓ |
| SOUTHEAST ENERGY-E | 0.013502 |  |
| WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.009282 |  |
| WA ST HLTH CAR 5% 10/1/2035 | 0.007430 |  |
| MTRO WA DC ARPT 5% 10/1/2028 @ | 0.007421 |  |
| NYC NY 5% 8/1/2028 | 0.006804 |  |
| BLACK BELT ENERGY GAS VAR | 0.006642 | ✓ |
| Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C | 0.006628 |  |
| WA ST HLTH CAR 5% MT | 0.006157 |  |
| WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.006032 |  |
| WA ST HLTH CAR 5% 10/1/2030 | 0.005946 |  |
| MAIN STR NAT GA 4% MT | 0.005921 | ✓ |
| WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000 | 0.005535 | ✓ |
| MAIN STR NAT GA 4% 07/01/2052 MT | 0.005236 |  |
| School District of Broward County, Series 2025A | 0.005073 |  |
| OKLAHOMA CTY OK 3% 7/1/2026 | 0.005015 | ✓ |
| CHICAGO IL BRD OF EDU | 0.004873 |  |
| DFW ARPT 5% 11/1/2050 MT @ | 0.004846 |  |
| California Community Choice Financing Authority | 0.004752 |  |
| WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.004748 |  |
| NYC NY 5% 8/1/2027 | 0.004699 |  |
| State of New Jersey, Series 2020A | 0.004648 |  |
| NY TRANS CORP 5% 12/1/2026 @ | 0.004642 | ✓ |
| UT CNTY UT HOSP 5% MT | 0.004587 | ✓ |
| MTRO WA DC ARPT 5% 10/1/2026@ | 0.004504 |  |
| NY TRANS CORP 5% 12/1/2027 @ | 0.004471 |  |
| TN TNSUTL 5 11/01/2034 | 0.004459 |  |
| COLORADO ST HLTH FACS AUTH REVENUE | 0.004449 |  |
| TX SANUTL 02/01/2055 | 0.004386 | ✓ |
| PORT NY NJ 5% 12/1/2028 @ | 0.004341 |  |
| KY HSG SFM 6% 7/1/2054 | 0.004284 |  |
| MAIN STR NAT GA 5% MT | 0.004283 |  |
| LOVE FLD MOD TX 5% 11/1/2029 @ | 0.004283 |  |
| MINNEAPOLS MN 5% MT | 0.004278 |  |
| NYC NY 5% 8/1/2028 | 0.004170 |  |
| TARRANT TX EDFC 5% MT | 0.004056 |  |
| LOVE FLD MOD TX 5% 11/1/2028 @ | 0.004024 |  |
| OHIO HOUSING FINANCE AGENCY FNMA/GNMA/FHLMC 3.25% 03-01-51 | 0.003872 |  |
| NJ ST TRANSN TR FD | 0.003810 |  |
| MAIN STR NAT GA 5% MT | 0.003784 |  |
| NE CENPWR 08/01/2055 | 0.003738 |  |
| GRAND PKWY TRANSPRTN | 0.003720 |  |
| CALIFORNIA COMMUNITY VAR | 0.003678 |  |
| SAN ANTONIO TX ELEC   GAS REVE SANUTL 12/45 ADJUSTABLE VAR | 0.003660 |  |
| HARRIS TX CED 5% MT | 0.003650 |  |
| New Jersey Transportation Trust Fund Authority | 0.003626 |  |
| SOUTHEAST ENRG 5% MT | 0.003621 |  |
| GEORGIA POWER CO (MPT) 2.9% 08-01-43 | 0.003593 |  |
| MAIN STR NAT GA 5% MT | 0.003548 |  |
| HI ST 5% 10/1/2026 | 0.003463 |  |


## Sources

- N-PORT (fund A) — accession `0000035402-26-003326` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/35373/000003540226003326/0000035402-26-003326-index.htm>
- N-PORT (fund B) — accession `0000035402-26-003413` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/35373/000003540226003413/0000035402-26-003413-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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