Fidelity Municipal Bond Opportunities ETFFMUB

FidelityBonds & CashMunicipal#280 of 785 by YTD

$50.06

+0.1% last session

+1.0% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026FMUBS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	+3.6%	−0.7%	+1.0%	+1.3%	—	—	+7.7%
Peer average	0.0%	+2.9%	−0.9%	+0.3%	+0.6%	+14.6%	+2.5%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $246M
Expense ratio: 0.30%
Distribution yield: 3.6%
NAV: $49.85
Volume: 109K
Avg. volume 30D: 186K
High today: $50.10
Low today: $49.93
Previous close: $49.99
52-week high: $52.24
52-week low: $47.75
Our risk indicator: 2/5

FMUB in One Breath

FMUB Among Municipal ETFs

YTD

#1MMMANY Life Investments+2.2%$59.3M

#2MYMGSPDR+1.9%$8.6M

#3SMMUPIMCO+1.9%$1.3B

#4MYMFSPDR+1.9%$8.7M

#5IBMOiShares+1.9%$499M

#6FTMSFranklin Templeton+1.9%$265M

#7MMSDNY Life Investments+1.8%$87.1M

#8MUNAFlexShares+1.8%$8.0M

#35FMUBFidelity+1.0%$246M

End-of-day Nov 4, 2026 · 141 Municipal ETFs by YTD

$10,000 in FMUB

$10,000 in FMUB became

$10,813

In the S&P 500 (VOO)

$15,471

Total return, dividends in · Apr 7, 2025 – Nov 4, 2026 · S&P 500 uses VOO

FMUB’s Top Holdings

Today

MUNICIPAL CASHMunicipal Cash Cf16.0%CALIFORNIA C1.6%KENTUCKY INC1.3%LOUIS/JEFF H1.1%NJ TRANSP 51.1%BUCKEYE TOBA0.9%TEXAS MUNICI0.7%BLACK BELT E0.6%ENERGY SOUTH0.6%MONTANA ST 0.6%NJ TRANSP 50.5%CHICAGO IL B0.5%MAIN STR NAT0.5%COLORADO HEA0.5%MIDCITIES MT0.5%CPS SFT PT7%0.5%FL HSG FIN C0.5%NEW YORK ST 0.5%OR ST FACS 0.5%MAIN STREET 0.5%COLORADO HEA0.5%BLACK BELT E0.5%

Fidelity FMUB · 388 holdings · top 22 shown · tile size = share of the fund · as of Nov 4, 2026

What FMUB Holds

Today

All holdings100.0%

MUNICIPAL 16.0 · CALIFORNIA 1.6 · KENTUCKY I 1.3 · LOUIS/JEFF 1.1 · NJ TRANSP 1.1 · BUCKEYE TO · TEXAS MUNI

Fidelity FMUB · share of the fund · as of Nov 4, 2026

Municipal’s Share of FMUB

Today

16.0%

$160 of every $1,000 in FMUB is Municipal

Municipal held by FMUB

$39.3M

Fidelity FMUB · each square = $10 of $1,000 · as of Nov 4, 2026

FMUB’s Share of Municipal ETFs

Today

0.1%

of the $244B in 166 Municipal ETFs

FMUB$246M0.1%

MUB$54.5B22.3%

VTEB$49.6B20.3%

163 others$140B57.2%

Municipal ETF AUM · Nov 4, 2026

FMUB Fee per $100 vs Peers

Today

$0.30a year
per $100

$30 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

CGMU$0.27

FMUB$0.30

Expense ratio · Municipal peers · Nov 4, 2026

Inside FMUB

388 holdings · as of Nov 4, 2026

FMUB

Fidelity Municipal Bond Opportunities ETF

Today

All holdings100.0%Municipal 16.0%374 more holdings73.3% of the fund

All holdings100.0%Municipal 16.0%382 more holdings78.0% of the fund

#	Ticker	Company	Weight ▼
1	—	Municipal Cash CF	16.00%
2	—	California CMY 5% 11/01/33	1.62%
3	—	Kentucky KY 5.5% 12/01/33	1.25%
4	—	Louis/jeff Hlth 5% 10/01/33	1.12%
5	—	NJ Transp 5% 06/15/30	1.11%
6	—	Buckeye Tobac 4% 06/01/48	0.91%
7	—	Texas Municipal 5.25% 04/01/3	0.73%
8	—	Black Belt ENE 5% 06/01/31	0.62%
9	—	Energy Southeas 5% 11/01/33	0.60%
10	—	Montana ST 4.8% 12/01/51	0.57%

Fidelity FMUB · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 29.7%

How It Compares

FMUB

Fidelity Municipal Bond Opportunities ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	−0.4%	+0.1%	$54.5B
VTEB	VanguardRead Desk	0.03%	−0.3%	+0.1%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.4%	+2.2%	$13.3B
JMUB	J.P. MorganRead Desk	0.18%	0.0%	+0.3%	$9.0B
CGMU	Capital GroupRead Desk	0.27%	+0.5%	+1.1%	$7.5B
FMUB	FidelityThis fundRead Desk	0.30%	+1.0%	+1.3%	$246M

Municipal peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put FMUB head to head with MUB →

MUB vs FMUB

YTD

MUBiShares · MunicipalFMUBFidelity · Municipal

Year to date

−0.4%

+1.0%

FMUB wins+1.3 pts

Past year

+0.1%

+1.3%

FMUB wins+1.2 pts

Fee

0.05%

0.30%

MUB winslower fee

Yield

3.3%

3.6%

FMUB wins+0.3 pts

AUM

$54.5B

$246M

MUB221.8× more

3–1FMUB wins

iShares MUB and Fidelity FMUB · year-to-date · as of Nov 4, 2026 · AUM not scored

FMUB vs VOO

YTD

FMUB · Fidelity Municipal Bond Opportunities

+1.0%

VOO · S&P 500

+11.5%

Gap

10.6 pts

Fidelity FMUB and Vanguard VOO · YTD total return · as of Nov 4, 2026

FMUB vs Its Peer Average

YTD

FMUBAvsBPeer average

1D+0.1%0.0%

1M+3.6%+2.9%

3M−0.7%−0.9%

YTD+1.0%+0.3%

1Y+1.3%+0.6%

3Y[…]+14.6%

5Y[…]+2.5%

5–0FMUB wins

165 Municipal peers · each row scaled to its leader

The Details

FMUB

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y3.57%

Deepest drop · 1Y−6.2%

Lowest point · 5Y0.0%

52-week range

$50.06

$47.75−4.2% from the high$52.24

Fidelity FMUB · past-year price moves · as of Nov 4, 2026

FMUB

Fund Facts

Today

2023launched Feb 16

Tracks[…]

Exchange · CUSIPNASDAQ · 316188853

StructureETF

Leverage1x

Cost on $10,000$30 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Fidelity FMUB · fund facts · as of Nov 4, 2026

FMUB

Payouts by Year

$0.12per share, Oct 2026

Distribution yield3.6%

PaidEvery month

Latest ex-date · paidOct 29 · Nov 2, 2026

12 payouts added up$1.64 a share

Fidelity FMUB · distributions by ex-date · 2025–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗SEC reported portfolio · 2026-04-30 ↗summary prospectus · SEC 497K ↗prospectus · SEC 485BPOS ↗annual report · SEC N-CSR ↗SEC reported portfolio · 2026-01-31 ↗SEC reported portfolio · 2025-10-31 ↗SEC reported portfolio · 2025-07-31 ↗SEC reported portfolio · 2025-04-30 ↗prospectus · SEC 485BPOS ↗summary prospectus · SEC 497K ↗summary prospectus · SEC 497K ↗prospectus · SEC 485BPOS ↗

Trading & Liquidity

Net asset value$49.85

Premium / discount[…]

Median spread · 30D[…]

Volume today109K

Average volume · 30D186K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.30%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$30.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 29, 2026	Nov 2, 2026	$0.12
Sep 29, 2026	Oct 1, 2026	$0.16
Aug 28, 2026	Sep 1, 2026	$0.14
Jul 30, 2026	Aug 3, 2026	$0.14
Jun 29, 2026	Jul 1, 2026	$0.15
May 28, 2026	Jun 1, 2026	$0.13
Apr 29, 2026	May 1, 2026	$0.14
Mar 30, 2026	Apr 1, 2026	$0.14
Feb 26, 2026	Mar 2, 2026	$0.13
Jan 29, 2026	Feb 2, 2026	$0.14
Dec 30, 2025	Jan 2, 2026	$0.15
Dec 5, 2025	Dec 9, 2025	$0.0970

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