Fidelity Tax-Free Bond Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.5%
1 yr return
8.7%
3 Yr Avg Return
-0.5%
5 Yr Avg Return
1.1%
Net Assets
$3.28 B
Holdings in Top 10
8.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 8.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$25,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FTABX - Profile
Distributions
- YTD Total Return 1.5%
- 3 Yr Annualized Total Return -0.5%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.39%
- Dividend Yield 3.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Tax-Free Bond Fund
-
Fund Family NameFidelity Investments
-
Inception DateApr 20, 2001
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCormac Cullen
Fund Description
FTABX - Performance
Return Ranking - Trailing
Period | FTABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -5.0% | 26.7% | 58.52% |
1 Yr | 8.7% | 0.7% | 38.1% | 36.28% |
3 Yr | -0.5%* | -10.8% | 3.2% | 41.06% |
5 Yr | 1.1%* | -7.0% | 1102.9% | 24.04% |
10 Yr | 2.5%* | -0.9% | 248.6% | 10.31% |
* Annualized
Return Ranking - Calendar
Period | FTABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.3% | -1.4% | 41.0% | 7.94% |
2022 | -12.6% | -39.7% | 0.3% | 62.63% |
2021 | -0.1% | -5.6% | 6.9% | 31.90% |
2020 | 2.0% | -2.6% | 310.0% | 36.25% |
2019 | 5.4% | 0.0% | 26.0% | 9.78% |
Total Return Ranking - Trailing
Period | FTABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -5.0% | 26.7% | 58.52% |
1 Yr | 8.7% | 0.7% | 38.1% | 36.28% |
3 Yr | -0.5%* | -10.8% | 3.2% | 41.06% |
5 Yr | 1.1%* | -7.0% | 1102.9% | 24.04% |
10 Yr | 2.5%* | -0.9% | 248.6% | 10.31% |
* Annualized
Total Return Ranking - Calendar
Period | FTABX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.5% | -1.3% | 41.0% | 10.48% |
2022 | -10.2% | -39.7% | 1.1% | 60.93% |
2021 | 2.8% | -4.8% | 23761504.0% | 19.09% |
2020 | 4.5% | -1.5% | 17057.9% | 26.18% |
2019 | 8.8% | 0.2% | 3514.6% | 7.64% |
NAV & Total Return History
FTABX - Holdings
Concentration Analysis
FTABX | Category Low | Category High | FTABX % Rank | |
---|---|---|---|---|
Net Assets | 3.28 B | 3.22 M | 71.9 B | 10.66% |
Number of Holdings | 1288 | 4 | 13418 | 6.99% |
Net Assets in Top 10 | 274 M | -317 M | 3.09 B | 13.78% |
Weighting of Top 10 | 8.04% | 1.8% | 100.3% | 87.28% |
Top 10 Holdings
- SALT RIVER AZ 5.25% 1/1/2053 1.35%
- Fidelity Tax-Free Cash Central Fund 1.01%
- NY MTA TRANSP 4% 11/15/2046 0.90%
- KENTUCKY INC KY 4% MT 0.88%
- LOWER ALA GAS D 4% MT 0.68%
- MET PIER and EXPO 5% 6/15/2050 Q 0.67%
- NY STATE UR D 4% 3/15/2044 0.66%
- SLT LAKE U 5% 7/1/2051 0.66%
- MAIN STR NAT GA 4% 07/01/2052 MT 0.64%
- MAIN STR NAT GA 5% MT 0.61%
Asset Allocation
Weighting | Return Low | Return High | FTABX % Rank | |
---|---|---|---|---|
Bonds | 98.85% | 0.00% | 150.86% | 53.83% |
Cash | 1.15% | -50.86% | 44.62% | 46.21% |
Stocks | 0.00% | 0.00% | 99.78% | 30.87% |
Preferred Stocks | 0.00% | 0.00% | 0.07% | 19.04% |
Other | 0.00% | -3.69% | 51.88% | 30.23% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 18.65% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FTABX % Rank | |
---|---|---|---|---|
Municipal | 99.82% | 44.39% | 100.00% | 20.52% |
Cash & Equivalents | 1.01% | 0.00% | 44.41% | 29.69% |
Derivative | 0.00% | -3.69% | 51.88% | 27.16% |
Securitized | 0.00% | 0.00% | 5.93% | 20.52% |
Corporate | 0.00% | 0.00% | 9.41% | 33.02% |
Government | 0.00% | 0.00% | 52.02% | 25.53% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FTABX % Rank | |
---|---|---|---|---|
US | 98.85% | 0.00% | 142.23% | 51.60% |
Non US | 0.00% | 0.00% | 23.89% | 23.10% |
FTABX - Expenses
Operational Fees
FTABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.44% | 0.01% | 8.02% | 87.54% |
Management Fee | 0.43% | 0.00% | 1.20% | 47.24% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
FTABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
FTABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 77.61% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FTABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 8.00% | 0.00% | 283.00% | 13.28% |
FTABX - Distributions
Dividend Yield Analysis
FTABX | Category Low | Category High | FTABX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.96% | 0.00% | 14.51% | 40.98% |
Dividend Distribution Analysis
FTABX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FTABX | Category Low | Category High | FTABX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.39% | -0.53% | 5.33% | 24.60% |
Capital Gain Distribution Analysis
FTABX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.027 | OrdinaryDividend |
Aug 31, 2024 | $0.028 | OrdinaryDividend |
Jul 31, 2024 | $0.028 | OrdinaryDividend |
Jun 30, 2024 | $0.027 | OrdinaryDividend |
Apr 30, 2024 | $0.027 | OrdinaryDividend |
Mar 31, 2024 | $0.028 | OrdinaryDividend |
Feb 29, 2024 | $0.026 | OrdinaryDividend |
Jan 31, 2024 | $0.028 | OrdinaryDividend |
Dec 31, 2023 | $0.028 | OrdinaryDividend |
Nov 30, 2023 | $0.027 | OrdinaryDividend |
Oct 31, 2023 | $0.028 | OrdinaryDividend |
Sep 30, 2023 | $0.027 | OrdinaryDividend |
Aug 31, 2023 | $0.027 | OrdinaryDividend |
Jul 31, 2023 | $0.027 | OrdinaryDividend |
Jun 30, 2023 | $0.026 | OrdinaryDividend |
May 31, 2023 | $0.027 | OrdinaryDividend |
Apr 30, 2023 | $0.026 | OrdinaryDividend |
Mar 31, 2023 | $0.027 | OrdinaryDividend |
Feb 28, 2023 | $0.025 | OrdinaryDividend |
Jan 31, 2023 | $0.027 | OrdinaryDividend |
Dec 31, 2022 | $0.027 | OrdinaryDividend |
Nov 30, 2022 | $0.025 | OrdinaryDividend |
Oct 31, 2022 | $0.026 | OrdinaryDividend |
Sep 30, 2022 | $0.025 | OrdinaryDividend |
Aug 31, 2022 | $0.026 | OrdinaryDividend |
Jul 31, 2022 | $0.026 | OrdinaryDividend |
Jun 30, 2022 | $0.025 | OrdinaryDividend |
May 31, 2022 | $0.026 | OrdinaryDividend |
Apr 30, 2022 | $0.024 | OrdinaryDividend |
Mar 31, 2022 | $0.025 | OrdinaryDividend |
Mar 04, 2022 | $0.002 | CapitalGainLongTerm |
Feb 28, 2022 | $0.022 | OrdinaryDividend |
Jan 31, 2022 | $0.024 | OrdinaryDividend |
Dec 31, 2021 | $0.024 | OrdinaryDividend |
Dec 03, 2021 | $0.033 | CapitalGainLongTerm |
Nov 30, 2021 | $0.023 | OrdinaryDividend |
Oct 29, 2021 | $0.025 | OrdinaryDividend |
Sep 30, 2021 | $0.024 | OrdinaryDividend |
Aug 31, 2021 | $0.024 | OrdinaryDividend |
Jul 30, 2021 | $0.024 | OrdinaryDividend |
Jun 30, 2021 | $0.024 | OrdinaryDividend |
May 28, 2021 | $0.025 | OrdinaryDividend |
Apr 30, 2021 | $0.024 | OrdinaryDividend |
Mar 31, 2021 | $0.025 | OrdinaryDividend |
Feb 26, 2021 | $0.023 | OrdinaryDividend |
Jan 29, 2021 | $0.026 | OrdinaryDividend |
Dec 31, 2020 | $0.026 | OrdinaryDividend |
Dec 04, 2020 | $0.017 | CapitalGainLongTerm |
Nov 30, 2020 | $0.025 | OrdinaryDividend |
Oct 30, 2020 | $0.026 | OrdinaryDividend |
Sep 30, 2020 | $0.025 | OrdinaryDividend |
Aug 31, 2020 | $0.026 | OrdinaryDividend |
Jul 31, 2020 | $0.026 | OrdinaryDividend |
Jun 30, 2020 | $0.026 | OrdinaryDividend |
Apr 30, 2020 | $0.027 | OrdinaryDividend |
Mar 06, 2020 | $0.008 | CapitalGainShortTerm |
Mar 06, 2020 | $0.007 | CapitalGainLongTerm |
Feb 28, 2020 | $0.026 | OrdinaryDividend |
Dec 31, 2019 | $0.028 | OrdinaryDividend |
Dec 02, 2019 | $0.006 | CapitalGainShortTerm |
Dec 02, 2019 | $0.006 | CapitalGainLongTerm |
Nov 29, 2019 | $0.027 | OrdinaryDividend |
Oct 31, 2019 | $0.028 | OrdinaryDividend |
Sep 30, 2019 | $0.027 | OrdinaryDividend |
Aug 30, 2019 | $0.029 | OrdinaryDividend |
Jul 31, 2019 | $0.029 | OrdinaryDividend |
Jun 28, 2019 | $0.028 | OrdinaryDividend |
Mar 09, 2018 | $0.023 | CapitalGainLongTerm |
Nov 28, 2017 | $0.022 | CapitalGainLongTerm |
Mar 10, 2017 | $0.027 | CapitalGainLongTerm |
Nov 28, 2016 | $0.062 | CapitalGainLongTerm |
Dec 07, 2015 | $0.016 | CapitalGainLongTerm |
Mar 17, 2014 | $0.001 | CapitalGainShortTerm |
Dec 10, 2012 | $0.000 | CapitalGainShortTerm |
Mar 07, 2008 | $0.003 | CapitalGainLongTerm |
Dec 14, 2007 | $0.010 | CapitalGainLongTerm |
Mar 05, 2007 | $0.004 | CapitalGainLongTerm |
Dec 11, 2006 | $0.010 | CapitalGainLongTerm |
Mar 06, 2006 | $0.020 | CapitalGainLongTerm |
Dec 12, 2005 | $0.030 | CapitalGainLongTerm |
Mar 07, 2005 | $0.007 | CapitalGainLongTerm |
Dec 13, 2004 | $0.020 | CapitalGainLongTerm |
Mar 08, 2004 | $0.010 | CapitalGainLongTerm |
Dec 12, 2003 | $0.100 | CapitalGainLongTerm |
Dec 14, 2002 | $0.007 | CapitalGainShortTerm |
Dec 14, 2002 | $0.011 | CapitalGainLongTerm |
Mar 09, 2002 | $0.005 | CapitalGainShortTerm |
Dec 15, 2001 | $0.008 | CapitalGainShortTerm |
FTABX - Fund Manager Analysis
Managers
Cormac Cullen
Start Date
Tenure
Tenure Rank
May 02, 2016
6.08
6.1%
Mr. Cullen has worked as a research analyst and portfolio manager with Fidelity since 2010. Prior to assuming his current position, from 2007 to 2010, Mr. Cullen supported FIAM’s Fixed Income Division as senior legal counsel.
Elizah McLaughlin
Start Date
Tenure
Tenure Rank
Sep 11, 2018
3.72
3.7%
Since joining Fidelity Investments in 1997, Ms. McLaughlin has worked as an analyst and portfolio manager.
Michael Maka
Start Date
Tenure
Tenure Rank
Mar 31, 2020
2.17
2.2%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.35 | 1.58 |