Fidelity® Limited Term Municipal Income Fund (FSTFX)

10.73
Net Asset Value
0.00%
1 Day
+0.66%
Year-to-Date
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
0.48%
Expense Ratio
Above 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+0.06% 3 years+2.44%
3 months+0.72% 5 years+2.60%
1 year+0.66% Since inception+4.14%
Data through --

Peer Comparisonvs. Muni national short

 FSTFXCategory
Performance 5-yr return+2.60%+2.26%
Expense ratio0.48%0.73%
Risk 5 year sharpe ratio1.571.61
Net assets$3.8B$2.1B
Average market cap----
Average P/E----
Portfolio turnover20%20%

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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 income89.00%
Cash11.00%
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
-- East Bay Calif Mun Util Dist1.52%
-- Engy Northwest Wash Elec Rev Rev Bds 5%0.98%
-- St James Parish La Rev Var Rate0.87%
-- New York St Dorm Auth 5%0.87%
-- Univ Mich Univ Revs Gen Rev B0.84%
-- California Infrasct & Ec Ref Rev B0.82%
-- Northside Tex Indpt Sch Dist 1.5%0.82%
-- Clark Cnty Nev Sch Dist 5%0.78%
-- Connecticut St Go Ref Bd 5%0.76%
-- Wayne Cnty Mich Arpt Auth 5%0.70%

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