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Morningstar

Fidelity® Tax-Free Bond FTABX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.78  /  0.01 %
  • Total Assets 2.9 Bil
  • Adj. Expense Ratio
    0.250%
  • Expense Ratio 0.250%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 25,000
  • Status Open
  • TTM Yield 2.90%
  • Effective Duration 7.02 years

USD | NAV as of Jun 09, 2023 | 1-Day Return as of Jun 09, 2023, 10:14 PM GMT+0

Morningstar’s Analysis FTABX

Will FTABX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FTABX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FTABX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of FTABX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This strategy’s steadfast, risk-conscious approach has held up well.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

Fidelity Tax-Free Bond is managed by a capable and collaborative team that follows a consistent and distinctive approach. It has served investors well over the longer term, earning a Morningstar Analyst Rating of Gold.

by Elizabeth Foos
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FTABX

More FTABX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 1101
  • Other Holdings 6
  • % Assets in Top 10 Holdings 11.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Revere Str Tr

4.57
131,861,303
—

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

1.03
29,792,309
municipal

METROPOLITAN TRANSN AUTH N Y REV 4%

1.02
29,564,266
municipal

LOWER ALA GAS DIST GAS PROJ REV 4%

0.80
23,016,876
municipal

SALT LAKE CITY UTAH ARPT REV 5%

0.78
22,554,146
municipal

NEW YORK ST URBAN DEV CORP REV 4%

0.78
22,508,283
municipal

METROPOLITAN PIER & EXPOSITION AUTH ILL REV 5%

0.77
22,165,418
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.76
21,811,030
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.70
20,301,851
municipal

SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%

0.69
19,991,029
municipal