Skip to Content
Morningstar

Fidelity® Interm Muni Inc FLTMX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.99  /  0.61 %
  • Total Assets 10.7 Bil
  • Adj. Expense Ratio
    0.350%
  • Expense Ratio 0.350%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.52%
  • Effective Duration 4.87 years

USD | NAV as of Nov 29, 2023 | 1-Day Return as of Nov 29, 2023, 11:17 PM GMT+0

Morningstar’s Analysis FLTMX

Will FLTMX outperform in 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 FLTMX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FLTMX 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 FLTMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Steadfast and risk-conscious.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

Fidelity Intermediate Municipal Income is managed by a capable and collaborative team that follows a consistent and distinctive approach. It has served investors well over the longer term, earning a Morningstar Analyst Rating of Silver for the strategy's cheapest share classes, while its more expensive share classes earn Bronze and Neutral ratings.

by Elizabeth Foos
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FLTMX

More FLTMX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 2666
  • Other Holdings 19
  • % Assets in Top 10 Holdings 3.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offsets For Shorts & Derivatives

1.76
191,568,619
Cash and Equivalents

Fidelity Municipal Cash Central

1.38
150,556,956
Cash and Equivalents

CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5%

0.58
63,401,713
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA COMMODITY SUPPLY REV 5%

0.41
44,736,762
municipal

GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 5%

0.41
44,349,724
municipal

LOWER ALA GAS DIST GAS PROJ REV 4%

0.39
42,925,809
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

0.37
40,421,556
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

0.37
40,038,803
municipal

TEXAS TRANSN COMMN 0.65%

0.36
39,647,406
municipal

ILLINOIS DEV FIN AUTH SOLID WASTE DISP REV 4.4%

0.35
38,187,803
municipal