Fidelity Municipal Income 2021 Fund

U.S. News evaluated 58 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 5.44 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 1.7%
1 Year 5.4%
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 Above Average compared to funds in the same category.
Fidelity Municipal Income 2021 Fund has an expense ratio of 0.65 percent.

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Risk

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

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