Fidelity® Limited Term Municipal Income Fund (FSTFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month+0.93% 3 years+1.69%
3 months+0.65% 5 years+2.27%
1 year+2.35% Since inception+4.07%
Data through --

Peer Comparisonvs. Muni national short

Performance 5-yr return+2.27%+1.68%
Expense ratio0.48%0.73%
Risk 5 year sharpe ratio1.481.37
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


Fixed income85.52%
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
-- Engy Northwest Wash Elec Rev Rev Bds 5%1.24%
-- St James Parish La Rev Var Rate0.85%
-- Univ Mich Univ Revs Gen Rev B0.82%
-- California Infrasct & Ec Ref Rev B0.80%
-- Northside Tex Indpt Sch Dist 1.5%0.79%
-- 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 B0.67%
-- Michigan St Hosp Fin Auth 0.3%0.66%

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: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. 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 2015 and/or its affiliates.