Morningstar

Fidelity Intermediate Municipal Income Fund ETF FIMU

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
Rated on Published on

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Portfolio Holdings FIMU

More FIMU Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Municipal Cash Central

2.45 315M
Cash and Equivalents

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.85 110M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.83 106M
municipal

MAIN STR ENERGY INC GA ENERGY PROJ REV 5%

0.76 98M
municipal

MAIN STR ENERGY INC GA ENERGY PROJ REV 5%

0.70 90M
municipal

LOWER ALA GAS DIST GAS PROJ REV 5%

0.58 75M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.58 75M
municipal

TEXAS MUNICIPAL 5.25% 04/01/3

0.57 74M
municipal

ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5%

0.57 73M
municipal

TEXAS MUN GAS ACQUISTION & SUPPLY CORP VI GAS SUPPLY REV 5.25%

0.52 67M
municipal

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