Fidelity® Intermediate Municipal Income (FLTMX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month+1.06% 3 years+4.05%
3 months+1.82% 5 years+4.26%
1 year+6.91% Since inception+5.78%
Data through --

Peer Comparisonvs. Muni national interm

Performance 5-yr return+4.26%+3.87%
Expense ratio0.37%0.85%
Risk 5 year sharpe ratio1.291.04
Net assets$5.0B$1.6B
Average market cap----
Average P/E----
Portfolio turnover15%15%

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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


Fixed income92.54%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- New York N Y Go Bds 3%0.98%
-- New York N Y City Transitional Future 5%0.86%
-- California St G O Bds 6%0.85%
-- Indiana Health Fac Fing Auth 0.3%0.80%
-- Michigan St Hosp Fin Auth 0.3%0.74%
-- Virginia St Pub Bldg Auth 5%0.74%
-- Illinois St Toll Hwy Auth 5%0.74%
-- Univ Mich Univ Revs Gen Rev B0.72%
-- Georgia St Go Ref Bd 5%0.65%
-- Louisiana St Gas & Fuels Tax R Rev Ref B0.59%

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