Fidelity® Tax-Free Bond Fund (FTABX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national long
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide a high current yield exempt from federal income tax. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund does not invest in municipal securities whose interest is subject to federal income tax or in municipal securities whose interest is subject to the federal alternative minimum tax.


1 month+2.22% 3 years+5.18%
3 months+2.56% 5 years+6.00%
1 year+10.25% Since inception+5.47%
Data through --

Peer Comparisonvs. Muni national long

Performance 5-yr return+6.00%+5.32%
Expense ratio0.47%0.98%
Risk 5 year sharpe ratio1.381.15
Net assets$2.8B$1.5B
Average market cap--$38.2B
Average P/E--60.0
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureJamie Pagliocco / 5 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00


Fixed income98.43%
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
-- South Carolina St Pub Svcs Aut Rev Ob 5%1.26%
-- Grand Parkway Transn Corp Tex Toll 5%1.17%
-- Grand Parkway Transn Corp Tex Toll 5.25%1.08%
-- New York N Y City Mun Wtr Fin Rev 5.375%1.04%
-- Illinois St Toll Hwy Auth 5%0.86%
-- Miami-Dade Cnty Fla Expwy Auth 5%0.79%
-- South Carolina St Pub Svcs Aut Santee 5%0.76%
-- New Jersey St Transn Tr Fd Aut Trans 5%0.67%
-- California Health Facs Fing Au Rev Bd 5%0.65%
-- South Carolina St Pub Svcs Aut Rev 5.5%0.63%

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