Fidelity® Municipal Income 2023 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

Trailing Returns Updated 02.28.2014
Year to date 3.8%
1 Year N/A
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 normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund is non-diversified.

Fees

Fees are Average compared to funds in the same category.
Fidelity® Municipal Income 2023 Fund has an expense ratio of 0.37 percent.

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Risk

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

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