Fidelity Intermediate Municipal Income Fund ETF FIMU Strategy

The investment seeks as high a level of current income, exempt from federal income tax, as is consistent with the preservation of capital. The fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal income tax. Its investments include securities issued by U.S. territories and possessions, general obligation bonds of municipalities, local or state governments, project or revenue-specific bonds, or pre-refunded or escrowed bonds, municipal money market securities, and synthetic securities.