FMUN vs MUB

Fidelity Systematic Municipal Bond Index ETF compared with iShares National Muni Bond ETF on yield, payout growth, payment schedule, cost and risk.

FMUN

Fidelity Systematic Municipal Bond Index ETF

3.39%

TTM yield · Monthly

VS

MUB

iShares National Muni Bond ETF

3.29%

TTM yield · Monthly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricFMUNMUB
Share price$48.67$104.02
TTM yield3.39%3.29%
Forward yield3.39%3.29%
Annual payout per share$1.652$3.422
Payment frequencyMonthlyMonthly
Next ex-dateSep 27, 2026 (est.)Oct 1, 2026 (est.)
Expense ratio0.05%0.05%
1-year payout growth
5-year payout CAGR
Consecutive years of increases
Payout consistency (last 12)97/10098/100
1-year total return+3.1%+2.9%
1-year price return-0.3%-0.4%
Size (market cap / AUM)179.5M45.4B
Years paying1.418.9
Sector / categoryMuni National IntermMuni National Interm

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

FMUNMUB
Shares205.596.1
Income per year$339$329
Income per month (avg)$28$27

At forward yields, before taxes. Model FMUN · Model MUB

Next payments

Ex-datePay datePer shareStatus
FMUN Sep 27, 2026Oct 1, 2026$0.1377Est.
FMUN Oct 27, 2026Oct 31, 2026$0.1377Est.
FMUN Nov 26, 2026Nov 30, 2026$0.1377Est.
MUB Oct 1, 2026Oct 15, 2026$0.2852Est.
MUB Oct 31, 2026Nov 14, 2026$0.2852Est.
MUB Nov 30, 2026Dec 14, 2026$0.2852Est.

Annual payouts per share

FMUNMUB

Annual dividend per share, FMUN vs MUB, 2019 to 2026MUBFMUN$0.00$2.00$4.00FMUN 2019: $0.00MUB 2019: $2.7562019FMUN 2020: $0.00MUB 2020: $2.4742020FMUN 2021: $0.00MUB 2021: $2.0992021FMUN 2022: $0.00MUB 2022: $2.2252022FMUN 2023: $0.00MUB 2023: $2.8692023FMUN 2024: $0.00MUB 2024: $3.2032024FMUN 2025: $1.213MUB 2025: $3.3642025FMUN 2026 (YTD): $1.098MUB 2026 (YTD): $2.2872026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, FMUN or MUB?

FMUN currently has the higher trailing yield: FMUN yields 3.39% and MUB yields 3.29%. Yield changes daily with price, so check the live figures above.

How often do FMUN and MUB pay?

FMUN pays every month and MUB pays every month. FMUN's next ex-date is Sep 27, 2026 and MUB's is Oct 1, 2026.

Is FMUN or MUB better for income?

It depends on what you are optimising for. FMUN and MUB differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

FMUN dividend history →
MUB dividend history →

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