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Fidelity® Intermediate Municipal Income Fund (FLTMX)

10.63
Net Asset Value
+0.19%
1 Day
+1.14%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
0.36%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks as high a level of current income, exempt from federal income tax, as is consistent with the preservation of capital. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It allocates assets across different market sectors and maturities. The fund invests more than 25% of total assets in municipal securities that finance similar types of projects. It maintains a dollar-weighted average maturity between three and 10 years.

Performance

1 month+0.59% 3 years+2.55%
3 months+0.81% 5 years+4.00%
1 year+3.88% Since inception+5.67%
Data through --

Peer Comparisonvs. Muni national interm

 FLTMXCategory
Performance 5-yr return+4.00%+4.73%
Expense ratio0.36%0.82%
Risk 5 year sharpe ratio1.571.39
Net assets$5.9B$1.7B
Average market cap--$26.0B
Average P/E--6.0
Portfolio turnover----

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Sommer / 9 Years
Minimal initial investment$10,000.00
Minimum IRA investment--

Holdings

Fixed income88.02%
Cash11.98%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 0.91%
-- 0.86%
-- 0.78%
-- 0.77%
-- 0.65%
-- 0.64%
-- 0.59%
-- 0.55%
-- 0.55%
-- 0.53%

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