- What does FSTFX invest in?
- The fund primarily directs at least 80% of its investments into high-quality municipal bonds, which provide income that is not subject to federal taxation. It typically maintains an average maturity, calculated by dollar value, within a two-to-five-year range. Furthermore, more than a quarter of the portfolio's total value is dedicated to municipal debt instruments that finance comparable kinds of ventures.
- What is the expense ratio of FSTFX?
- Fidelity Limited Term Municipal Income Fund (FSTFX) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FSTFX's dividend yield?
- FSTFX's trailing-twelve-month yield is 2.48%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FSTFX?
- Effective duration measures FSTFX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FSTFX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FSTFX?
- FSTFX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of FSTFX?
- Yield to maturity (YTM) is the total return you'd earn from FSTFX if every bond in the portfolio is held to maturity at the current price. FSTFX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
