FIMUFidelity Intermediate Municipal Income Fund
Seeks high current income exempt from federal income tax while preserving capital.
By Fidelity Investments · Launched 2026
Annual Cost
0.30%
#1,392 of 5,853 · low cost
Fund Size
$13.6B
#217 of 5,853 · large
Dividend YieldGoal
—
Track Record
2 months
#5,689 of 5,853 · young
Performance
Total-return NAV · USDGrowth of $10,000
$9,856-1.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 9.2% of fund✓ well diversified
Fidelity Revere Street Trust
5.2%
LOWER ALA GAS DIST GAS PROJ REV
0.6%
SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT
0.6%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV
0.5%
BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV
0.5%
SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT
0.4%
TENNESSEE ENGY ACQ CRP GAS REV
0.4%
SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT
0.4%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV
0.4%
MAIN STR NAT GAS INC GA GAS SUPPLY REV
0.4%
Asset allocation
Bonds
99.8%
Cash
0.6%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-1.9%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
4.8 years
Avg maturity
10.5 years
Credit ratings
AAA
12.4%
AA
51.1%
A
28.0%
BBB
4.9%
BB
1.4%
B
0.1%
Other
2.0%
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks high current income exempt from federal income tax while preserving capital.
- Strategy
- Invests primarily in municipal securities whose interest is exempt from federal income tax, maintaining at least 80% in investment-grade securities. Targets a dollar-weighted average maturity between three and 10 years, focusing on credit quality and trading opportunities.
- Inception date
- June 16, 2026
- Fund family
- Fidelity Investments
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Data updated on 2026-08-02