Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity® Intermediate Municipal Income Fund (FLTMX)

10.38
Net Asset Value
+0.10%
1 Day
+1.67%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
0.35%
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+0.53% 3 years+2.44%
3 months+1.96% 5 years+2.44%
1 year+0.47% Since inception+5.53%
Data through --

Peer Comparisonvs. Muni national interm

 FLTMXCategory
Performance 5-yr return+2.44%+2.57%
Expense ratio0.35%0.80%
Risk 5 year sharpe ratio0.780.67
Net assets$5.9B$1.8B
Average market cap--$7.7B
Average P/E--25.2
Portfolio turnover28%28%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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

Holdings

Fixed income92.53%
Cash7.47%
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
-- 0.97%
-- 0.78%
-- 0.68%
-- 0.59%
-- 0.55%
-- 0.52%
-- 0.51%
-- 0.51%
-- 0.50%
-- 0.49%