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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.13

$4.69 B

0.00%

0.25%

Vitals

YTD Return

-0.2%

1 yr return

4.3%

3 Yr Avg Return

5.7%

5 Yr Avg Return

3.6%

Net Assets

$4.69 B

Holdings in Top 10

9.4%

52 WEEK LOW AND HIGH

$12.1
$11.90
$12.38

Expenses

OPERATING FEES

Expense Ratio 0.25%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 19.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$25,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Muni National Long


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.13

$4.69 B

0.00%

0.25%

FTABX - Profile

Distributions

  • YTD Total Return -0.2%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.62%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity® Tax Free Bond Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Apr 10, 2001
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Cormac Cullen

Fund Description

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.


FTABX - Performance

Return Ranking - Trailing

Period FTABX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -88.5% 100.3% 28.54%
1 Yr 4.3% -20.5% 20.4% 24.21%
3 Yr 5.7%* -6.2% 10.4% 12.64%
5 Yr 3.6%* -3.5% 6.8% 10.94%
10 Yr 4.4%* -0.2% 8.7% 18.89%

* Annualized

Return Ranking - Calendar

Period FTABX Return Category Return Low Category Return High Rank in Category (%)
2020 2.0% -91.1% 310.0% 29.39%
2019 5.4% -79.8% 15.4% 12.02%
2018 -2.3% -72.6% 97.2% 45.27%
2017 2.8% -100.0% 7.6% 16.95%
2016 -3.3% -35.9% 96.8% 73.57%

Total Return Ranking - Trailing

Period FTABX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -88.5% 100.4% 28.63%
1 Yr 4.3% -24.2% 24.2% 18.20%
3 Yr 5.7%* -7.0% 11.7% 11.75%
5 Yr 3.6%* -4.0% 6.8% 8.86%
10 Yr 4.4%* -0.6% 8.7% 15.88%

* Annualized

Total Return Ranking - Calendar

Period FTABX Return Category Return Low Category Return High Rank in Category (%)
2020 2.0% -91.1% 310.0% 29.39%
2019 5.4% -79.8% 15.4% 12.11%
2018 -2.1% -72.6% 11.0% 38.67%
2017 3.2% -100.0% 7.6% 14.54%
2016 -2.8% -35.9% 3.0% 52.47%

NAV & Total Return History


FTABX - Holdings

Concentration Analysis

FTABX Category Low Category High FTABX % Rank
Net Assets 4.69 B 878 K 87.9 B 8.35%
Number of Holdings 1374 1 12437 5.24%
Net Assets in Top 10 449 M -308 M 3.93 B 5.61%
Weighting of Top 10 9.42% 2.3% 100.0% 88.64%

Top 10 Holdings

  1. Fidelity Revere Str Tr 2.89%
  2. NEW YORK N Y 5% 1.19%
  3. WASHINGTON ST 5% 0.81%
  4. METROPOLITAN TRANSN AUTH N Y REV 4% 0.81%
  5. KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% 0.76%
  6. SALT LAKE CITY UTAH ARPT REV 5% 0.60%
  7. METROPOLITAN PIER & EXPOSITION AUTH ILL REV 5% 0.60%
  8. NEW YORK ST URBAN DEV CORP REV 4% 0.60%
  9. ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5% 0.59%
  10. LOWER ALA GAS DIST GAS PROJ REV 4% 0.58%

Asset Allocation

Weighting Return Low Return High FTABX % Rank
Bonds
98.51% 46.14% 145.79% 62.98%
Other
2.89% -9.70% 30.00% 0.45%
Stocks
0.00% -1.11% 3.02% 27.40%
Preferred Stocks
0.00% -3.40% 1.04% 22.29%
Convertible Bonds
0.00% -0.02% 1.09% 22.37%
Cash
-1.41% -45.79% 53.86% 95.66%

Bond Sector Breakdown

Weighting Return Low Return High FTABX % Rank
Municipal
99.68% 46.14% 100.00% 42.03%
Cash & Equivalents
0.32% 0.00% 53.86% 56.70%
Derivative
0.00% 0.00% 1.12% 22.29%
Securitized
0.00% 0.00% 8.03% 23.43%
Corporate
0.00% 0.00% 11.97% 35.03%
Government
0.00% 0.00% 50.79% 26.83%

Bond Geographic Breakdown

Weighting Return Low Return High FTABX % Rank
US
98.51% 0.00% 141.11% 41.29%
Non US
0.00% 0.00% 100.00% 70.26%

FTABX - Expenses

Operational Fees

FTABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.25% 0.04% 4.23% 88.64%
Management Fee 0.35% 0.00% 1.60% 25.31%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

FTABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.25% 5.50% 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 19.00% 0.00% 314.00% 48.77%

FTABX - Distributions

Dividend Yield Analysis

FTABX Category Low Category High FTABX % Rank
Dividend Yield 0.00% 0.00% 35.27% 33.73%

Dividend Distribution Analysis

FTABX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FTABX Category Low Category High FTABX % Rank
Net Income Ratio 2.62% -0.53% 24.00% 25.32%

Capital Gain Distribution Analysis

FTABX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

FTABX - Fund Manager Analysis

Managers

Cormac Cullen


Start Date

Tenure

Tenure Rank

May 02, 2016

5.42

5.4%

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

3.05

3.1%

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

1.5

1.5%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 36.52 7.22 0.91