FSMJX
Fidelity SAI Conservative Income Municipal Bond Fund
Fidelity Salem Street Trust
Fund of funds

Portfolio concentration

As of January 31, 2026 · N-PORT
Holdings
454
Top-10 weight
17.72%
Effective holdings ?
139
Crowding ?
11.3

Holdings

As of January 31, 2026 · N-PORT
#SecurityTickerSharesValue% of fund
1 Fidelity Municipal Cash Central Fund 62,305,667 $62.32M 4.05%
2 SAINT JAMES PARISH LA REVENUE PARISH OF ST JAMES LA 35,825,000 $35.82M 2.33%
3 Port of Port Arthur Navigation District 30,400,000 $30.40M 1.98%
4 DFW ARPT 5% 11/1/2026 @ 26,175,000 $26.65M 1.73%
5 Florida Insurance Assistance Interlocal Agency Inc 22,960,000 $22.96M 1.49%
6 AL SE ENERGY G=MO 2022-XG0410-NUV Q=MO D7 21,400,000 $21.40M 1.39%
7 BRIGHTLINE FL PASSENGER RAIL 2024-XF1704-NUV E-AGM(RC)/RC D7@ 18,995,000 $19.00M 1.24%
8 ALBANY CITY NY 3/20/26 BAN 18,800,000 $18.83M 1.22%
9 MARICOPA AZ PUB SVC 09D V7 17,300,000 $17.30M 1.12%
10 BINGHAMTON CITY NY 4/10/26 BAN 17,200,000 $17.24M 1.12%
11 Philadelphia Authority for Industrial Development 16,595,000 $16.60M 1.08%
12 BELLEVILLE TWP ESSEX CNTY NJ 7/7/26 BAN 16,300,000 $16.38M 1.07%
13 CA CMNTY CHOICE FIN AUTH 2022-XF3007-NUV Q=MO D7 16,315,000 $16.32M 1.06%
14 Rib Floater Trust Various States 16,010,000 $16.01M 1.04%
15 CA MFH FOUNTAIN PK 2025-MIZ9233 MZ/MZ D35@ 14,100,000 $14.10M 0.92%
16 PRT ARTHR TX MTVA10E Q=SELF V7 13,825,000 $13.82M 0.90%
17 MARICOPA AZ PUB SVC 09E V7 13,600,000 $13.60M 0.88%
18 AL SE ENERGY G=MO 2022-XM1062-ALL Q=MO D7 12,900,000 $12.90M 0.84%
19 MEADE CNTY KY INDL BLDG REVENU REGD V/R B/E AMT 3.10000000 12,735,000 $12.74M 0.83%
20 PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV 12,400,000 $12.40M 0.81%
21 LYNCHBURG VA EDA CENTRA HLTH 2018-XL0075-NUV Q=JPMC BK D7 12,140,000 $12.14M 0.79%
22 PA THO JFFRSN U 18D RFLOAT V7 11,220,000 $11.22M 0.73%
23 Tender Option Bond Trust Receipts/Certificates 11,200,000 $11.20M 0.73%
24 LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL V7 10,965,000 $10.96M 0.71%
25 NATIONAL FN AT 4.25% MT@ 10,800,000 $10.93M 0.71%
26 WA ST HLTH CAR 5% 8/15/2029 9,770,000 $10.50M 0.68%
27 PRT ARTHR TX MTVA10D Q=SELF V7 10,500,000 $10.50M 0.68%
28 FL GT ORLANDO ARPT 2022-XM1093-ALL Q=JPMC BK D1@ 10,445,000 $10.44M 0.68%
29 NYC NY 5% 8/1/2026 10,000,000 $10.13M 0.66%
30 AL NUCOR 03A V7@ 9,710,000 $9.71M 0.63%
31 REPUBLIC SERVICES INC (MPT) 3.45% 12-01-35 9,600,000 $9.60M 0.62%
32 Tender Option Bond Trust Receipts/Certificates 9,350,000 $9.35M 0.61%
33 WASTE MANAGEMENT INC (MPT) 4.6% 10-01-46 9,115,000 $9.16M 0.60%
34 LA CA AIRPT 5% 5/15/2027 @ 8,590,000 $8.85M 0.58%
35 COMMUNITY ROOTS HOUSING FOUNDATION 3.4% MT 8,585,000 $8.70M 0.57%
36 ORANGE TWP CITY ESSEX CNTY NJ 3/18/26 BAN 8,500,000 $8.51M 0.55%
37 REPUBLIC SERVICES INC (MPT) 3.45% 07-01-41 8,500,000 $8.50M 0.55%
38 BLACK BELT ENERGY GAS VAR BBEUTL 8,040,000 $8.48M 0.55%
39 HUMBLE TX ISD 5% 2/15/2027 8,215,000 $8.45M 0.55%
40 WASTE MANAGEMENT INC (MPT) 3.45% 12-01-44 8,200,000 $8.21M 0.53%
41 WASTE MANAGEMENT INC (MPT) 3.875% 08-01-38 7,800,000 $7.82M 0.51%
42 ITHACA CITY NY CITY OF ITHACA NY 7,800,000 $7.80M 0.51%
43 Tender Option Bond Trust Receipts/Certificates 7,760,000 $7.76M 0.50%
44 SULLIVAN WEST NY CSD 6/25/26 BAN 7,700,000 $7.74M 0.50%
45 MIAMI-DADE SLW 4.50% 11/1/2048 MT @ 7,700,000 $7.71M 0.50%
46 PENNSYLVANIA ST ECON DEV FING REGD V/R B/E AMT 4.00000000 7,600,000 $7.61M 0.49%
47 TX ST MF HSG ROERS BOERNE 2023-MIZ9124 MZ/MZ D35 7,603,517 $7.60M 0.49%
48 NEWARK NJ 7,500,000 $7.53M 0.49%
49 KY NUCOR 20A1 V1@ 7,525,000 $7.52M 0.49%
50 Tender Option Bond Trust Receipts/Certificates 7,470,000 $7.47M 0.49%
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