
The fund endeavors to provide access to American municipal debt, specifically those deemed investment-grade, which demonstrate superior risk-adjusted returns and ease of trading compared to the general municipal bond landscape.
Is FMUN's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Fidelity Systematic Municipal Bond Index ETF (NASDAQ: FMUN - Get Free Report) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 6,116 shares, a growth of 108.7% from the September 15th total of 2,931 shares. Approximately 0.2% of the shares of the stock are sold short. Based

A tidal wave of conversions has siphoned an unprecedented amount of capital out of mutual funds and into the ETF wrapper. Last year's record 60 mutual-fund-to-ETF conversions in 2025 across 31 firms pushed total converted assets past $260 billion, and the past five years have now seen a grand total of 203 conversions.

In the current fixed income environment, muni bonds are offering a sought after combination of yield and credit quality. One option that may be worth considering is the Fidelity Systematic Municipal Bond Index ETF (FMUN).

Fidelity Investments has expanded its offerings of alternative investments with the addition of a managed futures ETF. Fidelity launched the Fidelity Managed Futures ETF (FFUT) on The Nasdaq Stock Market LLC on June 5.

Fidelity Investments has expanded its offerings of alternative investments with the addition of a managed futures ETF. Fidelity launched the Fidelity Managed Futures ETF (FFUT) on Nasdaq/NMS Global Market on June 5.