FLTMX: Fidelity® Interm Muni Inc

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FLTMX Fidelity® Interm Muni Inc


Profile

FLTMX - Profile

Vitals

  • YTD Return -0.8%
  • 3 Yr Annualized Return 0.5%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $7.65 B
  • Holdings in Top 10 6.1%

52 WEEK LOW AND HIGH

$10.55
$9.78
$10.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.35%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -0.8%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 2.41%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity® Intermediate Municipal Income Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Apr 15, 1977
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kevin Ramundo

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Categories

Fund Company Quick Screens

FLTMX - Fund Company Quick Screens


Performance

FLTMX - Performance

Return Ranking - Trailing

Period FLTMX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.8% -36.8% 945.6% 70.99%
1 Yr 0.2% -35.5% 970.1% 68.69%
3 Yr 0.5%* -10.4% 120.3% 51.38%
5 Yr 0.3%* -5.2% 60.2% 47.21%
10 Yr 0.3%* -5.1% 3.6% 51.62%

* Annualized

Return Ranking - Calendar

Period FLTMX Return Category Return Low Category Return High Rank in Category (%)
2019 3.8% -1.7% 18.3% 54.54%
2018 -1.4% -12.4% 0.8% 23.87%
2017 1.8% -6.0% 20.3% 26.97%
2016 -2.9% -7.8% 8.6% 80.27%
2015 -0.4% -18.3% 3.0% 28.50%

Total Return Ranking - Trailing

Period FLTMX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.8% -36.8% 945.6% 70.99%
1 Yr 0.2% -35.5% 970.1% 68.73%
3 Yr 0.8%* -7.3% 120.3% 46.30%
5 Yr 0.5%* -5.2% 60.2% 44.61%
10 Yr 0.5%* -5.1% 6.8% 52.03%

* Annualized

Total Return Ranking - Calendar

Period FLTMX Return Category Return Low Category Return High Rank in Category (%)
2019 3.8% -1.7% 18.3% 55.41%
2018 -0.7% -11.7% 3.1% 16.11%
2017 1.8% -6.0% 27.0% 37.20%
2016 -2.5% -7.8% 10.7% 74.85%
2015 -0.4% -14.2% 4.2% 36.21%

NAV & Total Return History


Holdings

FLTMX - Holdings

Concentration Analysis

FLTMX Category Low Category High FLTMX % Rank
Net Assets 7.65 B 634 K 264 B 8.44%
Number of Holdings 1699 1 17920 8.72%
Net Assets in Top 10 458 M -587 M 20.8 B 20.17%
Weighting of Top 10 6.06% 2.3% 100.0% 97.18%

Top 10 Holdings

  1. CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5% 0.88%
  2. TEXAS ST 4% 0.82%
  3. PHOENIX ARIZ INDL DEV AUTH SOLID WASTE DISP REV 1.1% 0.67%
  4. LOWER ALA GAS DIST GAS PROJ REV 4% 0.60%
  5. METROPOLITAN PIER & EXPOSITION AUTH ILL REV 5% 0.60%
  6. UNIVERSITY COLO HOSP AUTH REV 5% 0.54%
  7. KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% 0.53%
  8. WASHINGTON ST 5% 0.50%
  9. CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2.05% 0.46%
  10. WHITING IND ENVIRONMENTAL FACS REV 5% 0.45%

Asset Allocation

Weighting Return Low Return High FLTMX % Rank
Bonds
98.98% 71.08% 157.69% 28.61%
Cash
1.02% -57.68% 27.48% 61.71%
Stocks
0.00% -0.38% 18.10% 37.80%
Preferred Stocks
0.00% 0.00% 9.11% 43.38%
Other
0.00% -27.60% 31.83% 39.88%
Convertible Bonds
0.00% 0.00% 6.53% 63.41%

Bond Sector Breakdown

Weighting Return Low Return High FLTMX % Rank
Municipal
98.98% 0.00% 100.11% 20.84%
Cash & Equivalents
1.02% -26.49% 24.02% 70.54%
Derivative
0.00% -0.83% 31.72% 41.43%
Securitized
0.00% 0.00% 98.72% 68.67%
Corporate
0.00% 0.00% 99.41% 73.47%
Government
0.00% -2.21% 100.00% 70.58%

Bond Geographic Breakdown

Weighting Return Low Return High FLTMX % Rank
US
98.98% 58.40% 150.78% 16.21%
Non US
0.00% -38.91% 29.50% 88.27%

Expenses

FLTMX - Expenses

Operational Fees

FLTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.01% 34.57% 92.47%
Management Fee 0.24% 0.00% 1.25% 11.89%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

FLTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

FLTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 85.82%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FLTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 489.00% 14.70%

Distributions

FLTMX - Distributions

Dividend Yield Analysis

FLTMX Category Low Category High FLTMX % Rank
Dividend Yield 0.00% 0.00% 6.13% 48.32%

Dividend Distribution Analysis

FLTMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

FLTMX Category Low Category High FLTMX % Rank
Net Income Ratio 2.41% -0.71% 6.53% 59.28%

Capital Gain Distribution Analysis

FLTMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FLTMX - Fund Manager Analysis

Managers

Kevin Ramundo


Start Date

Tenure

Tenure Rank

Jun 30, 2010

9.84

9.8%

Kevin Ramundo joined Fidelity Investments in 2000, Mr. Ramundo has worked as a research analyst and portfolio manager.

Cormac Cullen


Start Date

Tenure

Tenure Rank

May 02, 2016

4.0

4.0%

Mr. Cullen has worked as a research analyst and portfolio manager with Fidelity since 2010. Prior to assuming his current position, from 2007 to 2010, Mr. Cullen supported FIAM’s Fixed Income Division as senior legal counsel.

Elizah McLaughlin


Start Date

Tenure

Tenure Rank

Sep 11, 2018

1.64

1.6%

Since joining Fidelity Investments in 1997, Ms. McLaughlin has worked as an analyst and portfolio manager.

Michael Maka


Start Date

Tenure

Tenure Rank

Mar 01, 2020

0.16

0.2%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.44 7.42 0.33