Fidelity Salem Street Trust - Fidelity Systematic Municipal Bond Index ETF (FMBIX) Research
The fund generally commits a minimum of 80% of its assets to investments included in the Bloomberg Municipal Bond Index. This market value-weighted benchmark consists of investment-grade municipal bonds with maturities of one year or longer. The income derived from these municipal bonds is typically not subject to federal income tax, although it might still fall under the federal alternative minimum tax.
Market snapshot
- Symbol
- FMBIX
- Price
- $18.45
- Day change
- +0.33%
- Market cap
- $174.9M
- 52-week range
- 14.11-18.87
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB)
- Eaton Vance New York Municipal Bond Fund (ENX)
- Nuveen New York Municipal Value Fund (NNY)
- Maryland Short-Term Tax-Free Bond Fund (PRMDX)
- Timothy Plan Small Cap Value Fund (TPLNX)
- Steward Values-Focused Small-Mid Cap Enhanced Index Fund (TRDFX)
- Touchstone Large Company Growth Fund (TSAGX)
- Timothy Plan Small Cap Value Fund (TSVCX)
Open Fidelity Salem Street Trust - Fidelity Systematic Municipal Bond Index ETF (FMBIX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.