Expense Ratio History

FCHPX expense ratio history

Fidelity Municipal Income 2023 Fund

Fund company
Fidelity
Type
Mutual fund

0.40%

In basis points
40 basis points
Yearly cost per $10,000
$40
Prospectus dated
31 August 2022, filed with the SEC; rounded to 0.01%

Fee over time

FCHPX expense ratio: read at 0.40% on 31 Aug 2022.0.00%0.20%0.40%0.60%0.80%Apr 2013Nov 2014Jun 2016Jan 2018Aug 2019Mar 20210.40% on 31 Aug 2022
FCHPX expense ratio: read at 0.40% on 31 Aug 2022.0.00%0.20%0.40%0.60%0.80%Apr 2013Jun 2016Aug 20190.40% on 31 Aug 2022
Each dot is a prospectus filed with the SEC or a date we read the fee from a source. The fee hasn't changed between them.

Share classes

The same fund is sold as 3 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
FCHPX (this page) Fidelity Municipal Income 2023 Fund 0.40% — 31 Aug 2022
FSODX Fidelity Advisor Municipal Income 2023 Fund: Class A 0.65% — 31 Aug 2022
FSWTX Fidelity Advisor Municipal Income 2023 Fund: Class I 0.40% — 31 Aug 2022

Every figure we've recorded

DateFeeWhat happened
31 Aug 2022 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-08-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Aug 2021 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-08-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2020 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2019 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2018 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2017 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2016 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2015 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2014 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2013 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
16 Apr 2013 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-04-16 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.40% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$506 in fees over 10 years

After fees, $10,000 grows to $15,664.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$41
3 years$129
5 years$225
10 years$506

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 11 prospectuses for this share class since 2013. Each one is listed above with a link to the filing.

How we read fees

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