Fidelity® Tax-Free Bond Fund (FTABX)

11.65
Net Asset Value
+0.09%
1 Day
+6.20%
Year-to-Date
Overall Morningstar Rating
Muni national long
Style or Category
No Load
Sales Expenses
0.47%
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.

Performance

1 month-0.05% 3 years+5.53%
3 months+1.31% 5 years+5.64%
1 year+9.73% Since inception+5.46%
Data through --

Peer Comparisonvs. Muni national long

 FTABXCategory
Performance 5-yr return+5.64%+4.64%
Expense ratio0.47%0.97%
Risk 5 year sharpe ratio1.381.14
Net assets$2.8B$1.5B
Average market cap--$29.6B
Average P/E--60.0
Portfolio turnover14%14%

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 & tenureJamie Pagliocco / 5 Years
Minimal initial investment$25,000.00
Minimum IRA investment$25,000.00

Holdings

Fixed income98.36%
Cash1.64%
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
-- Grand Parkway Transn Corp Tex Toll 5%1.23%
-- Grand Parkway Transn Corp Tex Toll 5.25%1.10%
-- New York N Y City Mun Wtr Fin Rev 5.375%1.09%
-- Illinois St Toll Hwy Auth 5%0.91%
-- South Carolina St Pub Svcs Aut Rev Ob 5%0.69%
-- California Health Facs Fing Au Rev Bd 5%0.68%
-- South Carolina St Pub Svcs Aut Rev 5.5%0.66%
-- South Carolina St Pub Svcs Aut Rev 5.5%0.65%
-- New York N Y City Transitional Bldg A 6%0.63%
-- Atlanta Ga Wtr & Waste Wtr Rev Ref 6.25%0.62%

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.