Morningstar

Fidelity Intermediate Municipal Income Fund ETF FIMU ETF Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FIMU

Will FIMU outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIMU’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FIMU management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FIMU’s parent organization’s priorities and whether they’re in line with investors’ interests.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

A top pick for muni investors. Fidelity Intermediate Municipal Income’s seasoned team applies a consistent and risk-aware process that has historically offered investors a smoother ride than many muni national intermediate Morningstar Category peers.

by Tom Murphy
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