FMUB
·NASDAQ
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Key Stats
Assets Under Management
139.95MUSD
Fund Flows (1Y)
37.02MUSD
Dividend Yield
2.34%
Discount/Premium to NAV
0.48%
Shares Outstanding
2.80M
Expense Ratio
0.30%
About Fidelity Municipal Bond Opportunities ETF
Issuer
Fidelity Management & Research Company LLC
Brand
Fidelity
Inception Date
Apr 4, 2025
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Co. LLC
FMUB seeks high current income exempt from federal tax, with secondary consideration for capital appreciation. The fund primarily invests in municipal securities, including general obligation and revenue bonds, securities from US territories, pre-refunded or escrowed bonds, municipal money market instruments, and synthetic municipal securities. Portfolio construction is based on fundamental, bottom-up research process that evaluates credit quality, structural features, valuation, and trading dynamics to identify compelling opportunities. To enhance yield, the strategy may allocate up to 30% of assets to high yield (junk bonds) municipal bonds and up to 20% to taxable securities such as US treasuries, agency bonds, or investment-grade corporate debt. The fund may also employ derivatives, such as swaps, futures, and options. FMUB converted from a mutual fund to an ETF starting with $53.69 million in net assets.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
Broad Credit
Niche
Broad Maturities
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.22% | -0.24% | +1.93% | +1.93% | +1.93% | +1.93% |
NAV Total Return | -0.11% | +1.13% | +0.00% | +0.00% | +0.00% | +0.00% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
Fidelity Municipal Cash Central
2.52%
MAIN STR NAT GAS INC GA GAS SUPPLY REV
1.54%
DALLAS FORT WORTH TEX INTL ARPT REV 5%
1.45%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%
1.36%
ILLINOIS FIN AUTH REV 5.25%
1.14%
RHODE ISLAND ST STUDENT LN AUTH STUDENT LN REV 5%
0.90%
LANCASTER CNTY PA HOSP AUTH REV 5%
0.86%
CONNECTICUT ST SPL TAX OBLIG REV 5%
0.84%
PENNSYLVANIA ST 5%
0.81%
GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV 5%
0.80%
Top 10 Weight 12.22%
451 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-05 | 2025-12-05 | 2025-12-09 | 0.086 |
| 2025-11-26 | 2025-11-26 | 2025-12-01 | 0.146 |
| 2025-10-30 | 2025-10-30 | 2025-11-03 | 0.146 |
| 2025-09-29 | 2025-09-29 | 2025-10-01 | 0.143 |
| 2025-08-28 | 2025-08-28 | 2025-09-02 | 0.134 |
| 2025-07-30 | 2025-07-30 | 2025-08-01 | 0.144 |
| 2025-06-27 | 2025-06-27 | 2025-07-01 | 0.115 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
