Fund Evaluator:
Fidelity Municipal Bond Opports ETF (FMUB)
Follow This Fund
Fixed Income
Global Asset Class
Municipal Bond
Fund Group
Muni National Interm
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
0.30% C
Expense Ratio
$259 Mil
Assets
Open
Status
na
12b-1 Fee
3.39%
TTM Yield
0.00%
Max Load
39%
Portfolio Turnover
Best Performing in Muni National Interm Over the Last Year
| 6.7% | Sit Tax-Free Income (SNTIX) |
| 4.6% | Goldman Sachs Dynamic Municipal Inc Inv (GUIRX) |
| 4.6% | Putnam Strategic Intermediate Muncpl Y (PAMYX) |
| 4.3% | Brown Advisory Tax Exempt Bond Investor (BIAEX) |
| 4.2% | Victory Tax Exempt Intermediate-Term (USATX) |
Data as of 8/31/2026
0.2% A
1-Mo Return
-0.6% A
3-Mo Return
1.0% A
YTD Return
4.7% A
1-Yr Return
4.5% A
3-Yr Return
na
5-Yr Return
1.05 C
Category Risk Index
0.43
Total Risk Index
Fund Details
Fund Family
Fidelity Investments
Inception Date
2/16/2023
Share Class Type
Equity Investment Style
na
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg Municipal TR USD: 100%
Additional Fund Details
Fidelity Municipal Bond Opports ETF Overview
FMUB Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FMUB Return (NAV) | 0.2% | -0.6% | 4.7% | 4.5% | na | na |
| FMUB Grade | A | A | A | A | na | na |
| +/- Category | 0.2% | 0.5% | 1.0% | 1.0% | na | na |
| Muni National Interm Avg | -0.1% | -1.0% | 3.7% | 3.5% | 0.6% | 1.7% |
| FMUB Tax Cost Ratio | na | na | 0.1% | 0.0% | na | na |
FMUB Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FMUB Return (NAV) | 1.0% | 5.5% | 1.8% | na | na | na | na | na | na | na | na |
| FMUB Grade | A | A | C | na | na | na | na | na | na | na | na |
| +/- Category | 0.7% | 1.3% | -0.1% | na | na | na | na | na | na | na | na |
| Muni National Interm Avg | 0.3% | 4.2% | 2.0% | 5.7% | -8.2% | 1.7% | 4.3% | 6.7% | 0.8% | 4.7% | -0.2% |
| Risk Measures | |
| Standard Deviation: | 5.2% |
| Total Risk Index: | 0.43 - Low |
| Category Risk Index: | 1.05 - Above Average |
| Category Risk Grade: | D (65% Rank) |
| Beta: | 0.91 |
| R-Squared: | 98% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | na |
| Yield: | 3.4% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | |
| Total Assets: | $259 Mil |
| Fund Total Assets: | $ 259 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 39% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 3.5 years | |||
| Average Tenure: 3.5 years | |||
| Managers (Year): Cullen Cormac (2023), McLaughlin Elizah (2023), Maka Michael (2023) | |||
Portfolio Composition (as of 8/31/26)
| # of Holdings: | 605 |
| % in Top 10 Holdings: | 14.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.6% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 94.2% |
| Foreign Bond: | 0.6% |
| Convertible Bond: | 0.0% |
| Other: | -1.2% |
| Cash: | 6.5% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 202-371-8300 |
| Website: |
| Status: | Open |
| Inception Date: | February 16, 2023 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.30% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.69% |
| Share Class: | Fidelity Municipal Bond Opports ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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