Fidelity Systematic Municipal Bond Index ETF (FMUN)
- Expense ratio5.19%
- Net assets$169.6M
- Dividend yield3.48%
- 1-year return-0.77%
- Holdings1
FMUN ETF price chart
FMUN quote & trading statistics
FMUN performance
Annual returns & drawdowns →- YTD-1.23%
- 1 year-0.77%
- 3 years+4.13%/yr
- 5 years+0.11%/yr
- 1Y volatility
- 5.96%
- 3Y volatility
- 5.93%
- 3Y Sharpe ratio
- -0.27
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
About Fidelity Systematic Municipal Bond Index ETF
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.
FMUN ETF FAQ
What is the FMUN expense ratio?
Fidelity Systematic Municipal Bond Index ETF has a net expense ratio of 5.19%, or $519.00 a year for every $10,000 invested.
How much money is in FMUN?
Fidelity Systematic Municipal Bond Index ETF has about $169.6M in net assets.
How has FMUN performed?
FMUN returned -0.77% over the past year and +0.11% a year over the past five years, including reinvested distributions.
Does FMUN pay dividends?
FMUN has a dividend yield of 3.48%.
When was FMUN launched?
Fidelity Systematic Municipal Bond Index ETF began trading on July 11, 2019.