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Global ETF Survey 2026

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›ETF Issuers›Fidelity›FMUN

FMUN

Fidelity Systematic Municipal Bond Index ETF

Passive ETF Fixed Income

Not rated

The FMUN Exchange Traded Fund (ETF) is provided by Fidelity. It is built to track an index: Fidelity Systematic U.S. Municipal Bond Index. The FMUN ETF provides physical exposure, so by buying it you actually own parts of all the 1,163 underlying holdings. This share class generates a stream of income by distributing dividends.

$48.81

+$0.3 (+0.61%) yesterday

1:30 PM 10/30/26 Closed

1D price range

$48.61$49.00

52W price range

$46.32$51.25

YTD Perf.

-0.96%

YTD Flows

Annualized volatility

Fund AuM

€164M

Share class AuM

€164M

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

US3161888462

TER

0.05%

Inception date

4/8/2025

Issuer

Fidelity

Benchmark

Fidelity Systematic U.S. Municipal Bond Index

Replication method

Dividend policy

Distributing

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API

PerformanceDec 31, 2025 - Oct 29, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 09/30/26

Municipal

58.50%

Unavailable

41.50%

Latest FMUN news

No content available for this fund

FAQ about FMUN

FMUN is a passively managed ETF that invests in the Municipal Bonds segment.

FMUN tracks the Fidelity Systematic U.S. Municipal Bond NTR Index - USD, through a optimized sampling replication method.

FMUN carries a total expense ratio (TER) of 0.05%.

FMUN was introduced to the market on April 8, 2025.

Fidelity Systematic Municipal Bond Index ETF, FMUN, is provided by Fidelity. Learn more about Fidelity here.

FMUN oversees €164M in assets as of October 29, 2026.

FMUN follows a distributing dividend policy, meaning it pays out income to investors. As of October 29, 2026, its 12-month trailing yield was 3.69%.

As of September 30, 2026, FMUN has significant geographic allocations in USA.

As of September 30, 2026, FMUN focuses largely on Municipal.

As of September 30, 2026, FMUN holds 1163 positions in its portfolio, with 9.42% of assets concentrated in its top 15 holdings.

As of September 30, 2026, FMUN top three holdings include California Community Choice Financing Authority, 5% 1jan2055, USD (2024B), US74440DFN93 and US91412HSH74.

The base currency of FMUN is USD.

Top 10 holdings

Data as of 09/30/26

California Community Choice Financing Authority, 5% 1jan2055, USD (2024B)

2.31%

US74440DFN93

0.92%

US91412HSH74

0.62%

US56035DDX75

0.58%

Black Belt Energy Gas District, 5% 1oct2035, USD (2025)

0.53%

Pennsylvania Turnpike Commission, 5% 1dec2040, USD (2024)

0.51%

California, 5% 1aug2035, USD

0.50%

Southeast Energy Authority, 5.25% 1mar2055, USD (2025B)

0.49%

US452153JU45

0.47%

Triborough Bridge and Tunnel Authority, 4% 15may2046, USD (2021A)

0.45%

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