The Fidelity Systematic Municipal Bond Index ETF (FMUN) has announced a monthly distribution of $0.1370. This distribution is set to be payable on April 1, 2023, for shareholders who are on record as of March 30, 2023. As of March 26, the ETF reported a 30-Day SEC Yield of 3.51%. This yield reflects the income generated by the fund relative to its price, providing investors with a gauge of potential returns. Investors should note the ex-dividend date, which is crucial for those looking to receive the upcoming distribution. The ex-dividend date will be the day before the record date, meaning shares must be purchased before March 30 to qualify. Fidelity's focus on municipal bonds aims to provide investors with tax-exempt income, making this ETF an attractive option for those seeking to enhance their fixed-income portfolios. For more details, visit the original article on Seeking Alpha: https://seekingalpha.com/news/4570344-fidelity-systematic-municipal-bond-index-etf-declares-monthly-distribution-of-01370?feed_item_type=news.