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

1.90 245M
Cash and Equivalents

Us Dollar

0.89 115M
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%

0.77 99M
municipal

MAIN STR ENERGY INC GA ENERGY PROJ REV 5%

0.70 90M
municipal

LOWER ALA GAS DIST GAS PROJ REV 5%

0.59 76M
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 74M
municipal

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