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

10.74
Net Asset Value
-0.09%
1 Day
+0.09%
Year-to-Date
Overall Morningstar Rating
Muni single state short
Style or Category
No Load
Sales Expenses
0.49%
Expense Ratio
Average
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.

Performance

1 month-0.52% 3 years+1.81%
3 months+0.41% 5 years+2.46%
1 year+2.22% Since inception+3.53%
Data through --

Peer Comparisonvs. Muni single state short

 FCSTXCategory
Performance 5-yr return+2.46%+2.39%
Expense ratio0.49%0.88%
Risk 5 year sharpe ratio1.521.17
Net assets$796.0M$628.9M
Average market cap----
Average P/E----
Portfolio turnover22%22%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureJamie Pagliocco / 8 Years
Minimal initial investment$10,000.00
Minimum IRA investment--

Holdings

Fixed income90.53%
Cash9.47%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 3.08%
-- 2.78%
-- 2.29%
-- 2.11%
-- 1.64%
-- 1.34%
-- 1.25%
-- 1.18%
-- 1.16%
-- 1.15%

To view my watchlist

Not a member yet?

Sign up now for a free account