FMUB

Fidelity Municipal Bond Opportunities ETF

$51.09

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Fidelity Municipal Bond Opportunities ETF (FMUB) seeks to provide a high level of current income that is exempt from federal income tax.

Overview

ETF tracking Fidelity Municipal Bond Opportunities ETF

Category Municipal Bonds

Issuer Other

Inception Date 2025-04-07

Market Cap $127.7M

Average Volume N/A

Dividend Yield 1.86%

52-Week Range $48.62 - $51.41

VWAP $51.17

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Municipal Bond Opportunities ETF (FMUB) seeks to provide a high level of current income that is exempt from federal income tax.

🎯 Investment Strategy

The ETF invests primarily in a diversified portfolio of municipal bonds. The fund's managers aim to construct a portfolio with a focus on higher-yielding, investment-grade municipal bonds to generate tax-exempt income for investors.

✨ Key Features

Invests in a broad range of municipal bonds, including general obligation and revenue bonds
Actively managed strategy to identify attractive municipal bond opportunities
Seeks to provide a high level of tax-exempt income for investors
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of municipal bonds may decline when interest rates rise
Credit risk: The risk that the issuer of a municipal bond may default on its obligations
Liquidity risk: The potential difficulty in selling municipal bonds in a timely manner
Tax risk: Changes in tax laws may affect the tax-exempt status of municipal bond interest

👤 Best For

The Fidelity Municipal Bond Opportunities ETF may be suitable for investors seeking tax-exempt income and a diversified exposure to the municipal bond market. It may be particularly attractive for investors in higher tax brackets who are looking to maximize their after-tax returns.