FMUNNasdaqGMMuni National Interm

Fidelity Systematic Municipal Bond Index ETF

$50.51
+1.69(+346.17%)
Price Info

NAV

$50.48

AUM

$180.6M

Expense Ratio

-

Dividend Yield

0.00%

Beta

1.03

Currency

USD

Performance
YTD1M3M1Y3Y5Y
+0.55%+0.29%+1.40%+3.56%+3.49%+0.64%
About

The fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal income tax (but may be subject to the federal alternative minimum tax). It normally invests at least 80% of assets in securities included in the Fidelity Systematic U.S. Municipal Bond IndexSM, which aims to increase exposure to municipal bonds with higher risk-adjusted performance and liquidity characteristics relative to traditional market-capitalization weighted U.S. investment grade municipal bond indices.

Inception Date: 2019-07-11