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.
Frequently asked questions
What is the Fidelity Systematic Municipal Bond Index ETF (FMUN) expense ratio?
The Fidelity Systematic Municipal Bond Index ETF funds expense ratio is 5%.
What is Fidelity Systematic Municipal Bond Index ETF (FMUN) current stock price?
As of the latest data, Fidelity Systematic Municipal Bond Index ETF stock price is $49.91, with a previous close of $50.03. Fidelity Systematic Municipal Bond Index ETF lost -$0.12 in the last trading session, representing a -0.24% loss.
Does Fidelity Systematic Municipal Bond Index ETF (FMUN) pay dividends?
Yes. Fidelity Systematic Municipal Bond Index ETF pays monthly dividends with an annualized yield of 3.31% and an estimated annual payout of $1.65 per share.
When is the next ex-dividend date for Fidelity Systematic Municipal Bond Index ETF (FMUN)?
The next ex-dividend date is scheduled for August 29, 2026.