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    Fidelity Tax-Free Bond (FTABX)

    11.83 Down 0.02(0.17%) Feb 12

    Profile as of Jan 30, 2016Get Profile for:
    Fidelity Tax-Free Bond
    Fidelity Fixed Income Trust82 Devonshire StreetBoston, MA 02109
    Map
    Phone: 800-544-8544
    Fund Overview 
    Category:Muni National Long
    Fund Family:Fidelity Investments
    Net Assets:3.06B
    Year-to-Date Return:1.25%
    Yield:3.40%
    Morningstar Rating:4 stars
    Fund Inception Date:Apr 10, 2001
    Morningstar Style Box 
    Muni National Long
    [View Category Definition]
    View Top Muni National Long Funds
    About the Morningstar Style Box
    Management Information 
    Kevin Ramundo
    Lead Manager since Jun 30, 2010
    Kevin Ramundo is lead portfolio manager of Fidelity Municipal Income 2017 Fund, Fidelity Municipal Income 2021 Fund, and Fidelity Municipal Income 2023 Fund and co-manager of Fidelity Municipal Income 2015 Fund and Fidelity Municipal Income 2019 Fund, which he has managed (other than Fidelity Municipal Income 2023 Fund) since May 2011. He has managed Fidelity Municipal Income 2023 Fund since April 2013. He also manages other funds. Since joining Fidelity Investments in 2000, Mr. Ramundo has worked as a research analyst and portfolio manager.
    Investment Information 
    Min Initial Investment:25,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    FTABX can be purchased from 60 brokerages.

    Fund Summary 
    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.

    Fund Operations 
    Last Dividend (Dec 3, 2015) : 0.03
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Feb 10, 2016) : 5.00%
    Average for Category:19.37%
    Fees & Expenses 
    ExpenseFTABXCategory Avg
    Annual Report Expense Ratio (net):0.25%0.89%
    Prospectus Net Expense Ratio:0.46%N/A
    Prospectus Gross Expense Ratio:0.46%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A3.92%
    Max Deferred Sales Load: N/A2.41%
    3 Yr Expense Projection*:148458
    5 Yr Expense Projection*:258685
    10 Yr Expense Projection*:5791,308
    * Per $10,000 invested