Fund Tax Pro
Strategic Advisers Municipal Bond Fund (FSMUX): 2025 tax information
Fidelity published the federal AMT percentage and U.S. government obligation percentage for Strategic Advisers Municipal Bond Fund for tax year 2025. This page shows what is on file for this mutual fund and where it was published.
| Item | Published figure | Fund company source |
|---|---|---|
| Federal AMT percentage | ••.••% | 2025 Fidelity Municipal Fund Distributions Subject to the AMT Page 2. Annual % subject to federal AMT |
| U.S. government obligation income | ••.••% | 2025 Percentage of Income from U.S. Government Securities Page 8. Percentage of income earned on U.S. government securities |
What's on file for this fund
- Ticker: FSMUX.
- Federal AMT percentage. The share of the fund's exempt-interest dividends attributed to private activity bonds for the alternative minimum tax. It is applied to Form 1099-DIV, Box 12.
- U.S. government obligation income. The share of the fund's ordinary dividends that came from U.S. government obligations. It is applied to Form 1099-DIV, Box 1a.
How Fidelity reports this
Fidelity publishes supplemental letters for tax-exempt income, U.S. government securities and AMT, plus a separate foreign tax table.
Fidelity marks some funds in its U.S. government securities letter with an asterisk tied to a footnote about minimum investment requirements.
Common questions
Does FSMUX report income from U.S. government obligations?
Yes. Fidelity reports one percentage for this fund for tax year 2025, and it is the same whichever state the return is for. It applies to ordinary dividends in Box 1a of Form 1099-DIV.
Is any of FSMUX's income subject to the federal AMT?
Fidelity publishes an AMT percentage for this fund for tax year 2025, applied to exempt-interest dividends.