Fidelity® Municipal Income 2021 Fund

U.S. News evaluated 59 Muni National Long Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -0.09 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 3.4%
1 Year -0.1%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks as high a level of current income, exempt from federal income tax, as is consistent with the preservation of capital. The fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund liquidates shortly after the fund's target end-date of June 30, 2021.

Fees

Fees are Average compared to funds in the same category.
Fidelity® Municipal Income 2021 Fund has an expense ratio of 0.40 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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