Fidelity Intermediate Municipal Income
Reasonably priced muni bonds with stable finances draw Mark Sommer and his two comanagers.
Symbol: FLTMXExpense Ratio: 0.36%
Fidelity Intermediate Municipal Income is a bond fund that pays tax-free interest income.
Reasonably priced muni bonds with stable finances draw Mark Sommer and his two comanagers. The trio monitor safety with a proprietary tool that analyzes risk in the portfolio. Its 2.1% yield translates to a 3.6% yield for investors in the highest tax bracket.
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