Strategic Advisers Municipal Bond Fund

Fidelity Rutland Square Trust II · Series S000072234 · 1 share classes

One fund, 1 share classes:FSMUX
$13.99B NAV
6,877 positions · as of 2026-02-28 · filed 2026-04-24
data updated 2026-07-30

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

GroupLongShortNet %NAV
Bonds66.26%66.26%
Stocks32.86%32.86%
Cash & short-term0.57%0.57%
Securitized0.05%0.05%
Derivatives-0.00%-0.00%

Derivatives are shown at market value, not notional exposure.

vs 2025Q4: 171 new305 exited

Top holdings

By % of NAV · every resolvable issuer links to its company page

TickerIssuer%NAVValue
WELLS FARGO FDS TR6.18%$865.15M
VANGUARD MUN BD FD INC4.96%$694.53M
FRANKLIN FED TAX FR INCOME FD4.69%$656.44M
Fidelity Colchester Street Trust3.45%$482.31M
Old Name : iShares Ultra Short-Term Bond Active ETF2.31%$322.88M

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Full holdings with filed share counts, the complete quarter-over-quarter change list, and the fixed-income profile for every bond position — free with an account, no card required.

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