3 / 5 Stars
1 1 5 4 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 50 Muni National Short Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 2.79 percent over the past year, and 3.14 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.2%|
|3 Years (Annualized)||3.1%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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 allocates assets across different market sectors and maturities. It liquidates shortly after the fund's target end-date of June 30, 2017.
Fees are Above Average compared to funds in the same category.
Fidelity® Municipal Income 2017 Fund has an expense ratio of 0.65 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.