Fidelity® Intermediate Municipal Income (FLTMX)

10.39
Net Asset Value
0.00%
1 Day
-1.52%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
0.37%
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-1.21% 3 years+2.26%
3 months-1.10% 5 years+3.47%
1 year+1.94% Since inception+5.73%
Data through --

Peer Comparisonvs. Muni national interm

 FLTMXCategory
Performance 5-yr return+3.47%+4.22%
Expense ratio0.37%0.83%
Risk 5 year sharpe ratio1.281.05
Net assets$5.4B$1.7B
Average market cap--$30.4B
Average P/E--17.3
Portfolio turnover17%17%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Sommer / 8 Years
Minimal initial investment$10,000.00
Minimum IRA investment$10,000.00

Holdings

Fixed income95.41%
Cash4.59%
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
-- 0.92%
-- 0.90%
-- 0.81%
-- 0.81%
-- 0.76%
-- 0.71%
-- 0.69%
-- 0.69%
-- 0.68%
-- 0.61%

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