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+0.07% 3 years+5.26%
3 months+1.72% 5 years+5.20%
1 year+9.39% Since inception+5.46%
Data through --

Peer Comparisonvs. Muni national long

Performance 5-yr return+5.20%+6.06%
Expense ratio0.47%0.97%
Risk 5 year sharpe ratio1.281.07
Net assets$2.5B$1.5B
Average market cap--$28.0B
Average P/E----
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 income98.29%
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
-- Grand Parkway Transn Corp Tex Toll 5%1.22%
-- New York N Y City Mun Wtr Fin Rev 5.375%1.14%
-- Illinois St Toll Hwy Auth 5%0.93%
-- New York N Y City Transitional Bldg A 6%0.65%
-- Atlanta Ga Wtr & Waste Wtr Rev Ref 6.25%0.65%
-- South Carolina St Pub Svcs Aut Rev 5.5%0.62%
-- Cook Cnty Ill Go Ref Bd 5.25%0.60%
-- California St G O Bds 6%0.58%
-- Broward Cnty Fla Wtr & Swr Uti Rev 5.25%0.58%
-- South Carolina St Pub Svcs Aut Rev 5.5%0.57%

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