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Morningstar

Fidelity® Tax-Free Bond FTABX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 10.96  /  0.01 %
  • Total Assets 2.7 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 2.84%
  • Effective Duration 7.33 years

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:12 PM GMT+00:00

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.

A strong option for muni investors.

Associate Director

Summary

| by Elizabeth Foos

The team managing Fidelity Tax-Free Bond is skilled and collaborative. This and the strategy's consistent and distinctive approach serve investors well, resulting in a Morningstar Analyst Rating of Gold.

Unlock our full analysis with Morningstar Investor