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

10.50
Net Asset Value
0.00%
1 Day
-0.57%
Year-to-Date
Overall Morningstar Rating
Muni single state short
Style or Category
No Load
Sales Expenses
0.47%
Expense Ratio
Below 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-0.43% 3 years+0.81%
3 months-0.63% 5 years+1.27%
1 year+1.01% Since inception+2.85%
Data through --

Peer Comparisonvs. Muni single state short

 FCSTXCategory
Performance 5-yr return+1.27%+0.84%
Expense ratio0.47%0.80%
Risk 5 year sharpe ratio0.550.25
Net assets$779.3M$521.1M
Average market cap----
Average P/E----
Portfolio turnover33%33%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Sommer / 1 Years
Minimal initial investment$10,000.00
Minimum IRA investment--

Holdings

Fixed income100.00%
U.S. stock0.00%
International stock0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.19%
-- 2.09%
-- 1.57%
-- 1.51%
-- 1.48%
-- 1.36%
-- 1.35%
-- 1.33%
-- 1.28%
-- 1.27%