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ETF Nasdaq USD

Fidelity Systematic Municipal Bond Index ETF FMUN

Issuer: Fidelity SEC registrant: Fidelity Merrimack Street Trust Fixed income · US
Watch FMUN (sign in) Add to portfolio (FMUN) Set an alert for FMUN Compare FMUN with other ETFs Position size calculator for FMUN at 47.861 USD

How position sizing works
Last price 47.86 USD Change: Up +0.04 Percent change: Up +0.09%

Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed

Expense ratio
0.05%
Prospectus 27 Oct 2025
Net assets
$183.1M
As of 30 Jun 2026
Holdings
1,204
As of 30 Jun 2026
12-month distribution yield
3.46%
Monthly
Asset class
Fixed income
From holdings

Fidelity Systematic Municipal Bond Index ETF (FMUN) is an exchange-traded fund listed on the Nasdaq in the United States, issued by Fidelity. Its category is Fixed income · US (fixed income). Its last price was US$47.86 on 20 Oct 2026. Its expense ratio is 0.05% a year, from its prospectus dated 27 Oct 2025. It reported net assets of US$183.09 million as of 30 Jun 2026. Its latest holdings report lists 1,204 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$1.66 a unit, a 12-month distribution yield of 3.46%, paid monthly.

General information only: nothing on TakeProfits takes into account your objectives, financial situation or needs, and it isn't personal financial advice or a recommendation to buy or sell anything. Consider whether it suits you and get advice from a licensed adviser before acting. Market data may be delayed and comes from third-party sources.

Fees

Total annual operating expenses (gross)
0.05%
Net, after fee waivers or reimbursements
No waiver stated
Management fee
0.05%
Prospectus date
Not stated
Filed with the SEC
27 Oct 2025

Source: SEC prospectus risk/return data sets (opens in a new tab) Filed

Size and reporting

Net assets
$183,093,934
Total assets
$183,607,854
Holdings as of
30 Jun 2026
Report made public
24 Aug 2026 (55 days after the month end)

Net assets are for the whole fund series, which for some funds (Vanguard's, for example) also includes mutual fund share classes.

Source: SEC Form N-PORT (opens in a new tab) Filed

Top holdings

Largest 25 of 1,204 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.

FMUN top holdings as of 30 Jun 2026
# Holding Identifier Weight Value (USD) Type Country Currency
1 CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CALIFORNIA CMY(ATHENE ANNUITY) 5% 12/1/32MT 55 US13013JEA07 2.23% $4.1M Debt United States USD
2 KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KENTUCKY INC KY 5.250% MT US74440DFN93 0.89% $1.6M Debt United States USD
3 SALT RIVER PROJ AZ AGRIC and PWR SALT RIVER AZ 5% 1/1/31 US79574CBW29 0.83% $1.5M Debt United States USD
4 UNIVERSITY CA REVS UNIV CAL REV 5% 5/15/2031 US91412HSH74 0.61% $1.1M Debt United States USD
5 MAIN STR NAT GAS INC GA GAS SUPPLY REV MAIN STR NAT GA 4% 9/1/2052 US56035DDX75 0.56% $1.0M Debt United States USD
6 BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV BLACK BELT ENE 5% 10/1/2035 US09182TGM36 0.53% $964K Debt United States USD
7 Fidelity Revere Street Trust Fidelity Municipal Cash Central Fund US31635A2042 0.52% $951K Short-term investment vehicles (cash funds) United States USD
8 PENNSYLVANIA ST TPK COMMN TPK PA TPK 5% 12/1/2040 US709225LE48 0.51% $942K Debt United States USD
9 CALIFORNIA ST CA ST 5% 8/1/2035 US13063ENV47 0.51% $938K Debt United States USD
10 SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT 5.25% MT US84136HBT95 0.48% $881K Debt United States USD
11 NY PAYROLL MOBILITY TX TRIBOROUGH BRIDGE and TUNNEL AUTHORITY 4% 5/15/2046 US89602HAA59 0.48% $877K Debt United States USD
12 ILLINOIS ST IL ST 5% 5/1/2037 US452153JU45 0.46% $851K Debt United States USD
13 NEW YORK TRANSPORTATION DEVELOPMENT CORP NY TRANS CORP 5.375% 6/30/2060 @ US650116HA79 0.44% $799K Debt United States USD
14 MAIN STR NAT GAS INC GA GAS SUPPLY REV MAIN STR NAT GA 5% MT US56035DGT37 0.41% $748K Debt United States USD
15 BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV BLACK BELT ENE(PACIFIC LIFE IN) 5% 7/1/31MT 55 US09182TDU88 0.40% $724K Debt United States USD
16 LOS ANGELES CA UNI SCH DIST LA CA USD 5% 7/1/2031 US544647HN36 0.39% $705K Debt United States USD
17 CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CALIFORNIA CMY 4% MT US13013JBJ43 0.37% $678K Debt United States USD
18 LOS ANGELES CALIF WTR and PWR RE LA CA DWAP 5% 7/1/2035 US544532MH43 0.36% $662K Debt United States USD
19 NEW YORK N Y CITY TRANSITIONALFIN AUTH REV NEW YORK AUTH 4.125% 11/1/2053 US64972JPS14 0.36% $661K Debt United States USD
20 METROPOLITAN TRANSN AUTH NY RV NY MTA TRANSP 5% 11/15/2052 US59261AYZ47 0.36% $660K Debt United States USD
21 COLORADO HEALTH FACS AUTH CO COLORADO HEALTH 4% 8/1/2039 US19648FJZ80 0.35% $649K Debt United States USD
22 NEW YORK ST DORM AUTH ST PERSINCOME TAX REV NEW YORK ST D 5.25% 3/15/2048 US64990F6T63 0.35% $644K Debt United States USD
23 BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV BLACK BELT ENE 0% 12/1/2055 US09182TFT97 0.33% $602K Debt United States USD
24 NEW YORK ST DORM AUTH ST PERS INCOME TAX REV NYS DORM PIT 5% 3/15/2055 US64990KHC09 0.33% $595K Debt United States USD
25 PUBLIC FINANCE AUTHORIT PUBLIC FA WI 5.75% 12/31/2065 @ US74448UAD00 0.32% $586K Debt United States USD

Source: SEC Form N-PORT (opens in a new tab) Made public Holdings as of 30 Jun 2026

All 1,204 stored holdings

Breakdowns

Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.

Asset type

Asset type by weight
TypeWeightBar
Debt 98.48%
Short-term investment vehicles (cash funds) 0.52%

Country

Country by weight
CountryWeightBar
United States 99.00%

The country each issuer is assigned to in the report.

Currency exposure

Currency exposure by weight
CurrencyWeightBar
US dollar (USD) 99.00%

The currency each holding is denominated in. Currency hedges are not netted off, so a hedged fund still shows its holdings' currencies.

Sector

No sector data

None of this fund's holdings matched a stock listed on this site, so no sector is shown.

Partial coverage: sectors are known for 0.0% of net assets, the holdings matched by CUSIP or ticker to US stocks listed on this site. The rest is not assigned a sector.

Source: SEC Form N-PORT (opens in a new tab) Holdings as of

Distributions

Paid in the last 12 months
$1.6560
12 payments per unit
12-month yield
3.46%
Distributions only, not total return
Frequency
Monthly
From the gaps between ex-dates
Latest ex-date
29 Sep 2026

12-month yield = distributions per unit with an ex-date in the last 12 months ($1.6560) ÷ latest price ($47.86) × 100 = 3.46%. It looks back, so it is not a forecast; special distributions in the window are included.

Why a distribution yield is not the fund's return: yield vs total return

Distribution history table (17 payments)
FMUN distributions per unit by ex-date
Ex-dateAmount per unit
29 Sep 2026$0.1430
28 Aug 2026$0.1410
30 Jul 2026$0.1360
29 Jun 2026$0.1420
28 May 2026$0.1340
29 Apr 2026$0.1430
30 Mar 2026$0.1370
26 Feb 2026$0.1320
29 Jan 2026$0.1330
30 Dec 2025$0.1400
26 Nov 2025$0.1400
30 Oct 2025$0.1350
29 Sep 2025$0.1390
28 Aug 2025$0.1390
30 Jul 2025$0.1510
27 Jun 2025$0.1340
29 May 2025$0.1300

Source: Yahoo Finance (opens in a new tab) Checked · 2 days ago Amounts are adjusted for later unit splits

Filings and sources

Compare with

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How ETF overlap is measured, with a worked example

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