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Fidelity® California Limited Term Tax-Free Bond Fund (FCSTX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni single state short
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of current income, exempt from federal and California personal income taxes. The fund normally invests at least 80% of assets in investment-grade municipal debt securities whose interest is exempt from federal and California personal income taxes. Potentially it invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund normally maintains a dollar-weighted average maturity between two and five years. It is non-diversified.


1 month-0.13% 3 years+1.52%
3 months+0.62% 5 years+2.31%
1 year+1.42% Since inception+3.32%
Data through --

Peer Comparisonvs. Muni single state short

Performance 5-yr return+2.31%+1.66%
Expense ratio0.49%0.87%
Risk 5 year sharpe ratio1.300.85
Net assets$776.6M$554.5M
Average market cap----
Average P/E----
Portfolio turnover25%25%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureJamie Pagliocco / 9 Years
Minimal initial investment$10,000.00
Minimum IRA investment--


Fixed income84.36%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.96%
-- 2.27%
-- 2.08%
-- 1.68%
-- 1.65%
-- 1.32%
-- 1.22%
-- 1.17%
-- 1.17%
-- 1.15%