Fidelity Systematic Municipal Bond Index ETF

FMUN

Market cap $171M

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.

Muni bond ETFs are popular as they can offer reliable income, low credit risk, and exemption from federal taxes on the income paid by the bond. Furthermore, muni bond ETFs can solve investors' need for yield and tax-free investment offerings.

Fidelity Investments has expanded its fixed income ETF lineup for investors with the addition of two muni bond ETFs. Fidelity launched the Fidelity Municipal Bond Opportunities ETF (FMUB) and the Fidelity Systematic Municipal Bond Index ETF (FMUN) on Nasdaq on April 7.

BOSTON--(BUSINESS WIRE)--Fidelity announced the launch of two fixed income ETFs: Fidelity Municipal Bond Opportunities ETF and Fidelity Systematic Municipal Bond Index ETF.