Fidelity® Limited Term Municipal Income Fund (FSTFX)

10.70
Net Asset Value
0.00%
1 Day
+0.38%
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-0.04% 3 years+1.58%
3 months+0.14% 5 years+2.15%
1 year+2.11% Since inception+4.09%
Data through --

Peer Comparisonvs. Muni national short

 FSTFXCategory
Performance 5-yr return+2.15%+1.72%
Expense ratio0.48%0.73%
Risk 5 year sharpe ratio1.511.42
Net assets$4.0B$2.1B
Average market cap----
Average P/E----
Portfolio turnover20%20%

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 & tenureMark Sommer / 11 Years
Minimal initial investment$10,000.00
Minimum IRA investment$10,000.00

Holdings

Fixed income85.77%
Cash14.23%
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
-- Engy Northwest Wash Elec Rev Rev Bds 5%0.93%
-- St James Parish La Rev Var Rate0.84%
-- Univ Mich Univ Revs Gen Rev B0.81%
-- California Infrasct & Ec Ref Rev B0.79%
-- Northside Tex Indpt Sch Dist 1.5%0.78%
-- Clark Cnty Nev Sch Dist 5%0.76%
-- Connecticut St Go Ref Bd 5%0.74%
-- Georgia St Go Ref Bd 5%0.68%
-- Louisiana St Gas & Fuels Tax R Rev Ref B0.66%
-- Michigan St Hosp Fin Auth 0.3%0.66%

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.