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.
Fidelity® Tax-Free Bond FTABX
NAV / 1-Day Return
11.01
/
0.08
%
Total Assets
3.1 Bil
Adj. Expense Ratio
0.250%
Expense Ratio
0.250%
Fee Level
Low
Longest Manager Tenure
6.28
years
Category
Muni National Long
Credit Quality / Interest Rate Sensitivity
Medium / ExtensiveMin. Initial Investment
25,000
Status
Open
TTM Yield
2.64%
Effective Duration
7.25
years
Morningstar’s Fund 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.
