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Fidelity® Limited Term Municipal Income Fund (FSTFX)

10.51
Net Asset Value
+0.10%
1 Day
+0.77%
Year-to-Date
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
0.48%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks as high a level of current income, exempt from federal income tax, as is consistent with preservation of capital. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It normally maintains a dollar-weighted average maturity between two and five years. The fund invests more than 25% of total assets in municipal securities that finance similar types of projects.

Performance

1 month+0.51% 3 years+0.99%
3 months+0.78% 5 years+1.06%
1 year-0.34% Since inception+3.83%
Data through --

Peer Comparisonvs. Muni national short

 FSTFXCategory
Performance 5-yr return+1.06%+0.82%
Expense ratio0.48%0.69%
Risk 5 year sharpe ratio0.600.52
Net assets$3.5B$1.9B
Average market cap--$4.0B
Average P/E--22.5
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Sommer / 14 Years
Minimal initial investment$10,000.00
Minimum IRA investment--

Holdings

Fixed income90.88%
Cash9.12%
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
-- 1.20%
-- 1.13%
-- 1.03%
-- 1.01%
-- 0.94%
-- 0.84%
-- 0.80%
-- 0.78%
-- 0.74%
-- 0.69%