| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
3
2
3
5
1
|
|
Zacks Investment Research
4
(Sell)
|
|
Standard & Poor's
4 / 5 Stars
|
|
TheStreet.com
B-
(Buy)
|
#20 in Muni Single State Interm
U.S. News evaluated 72 Muni Single State Interm Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all Fidelity Investments funds
Performance
The fund has returned 3.79 percent over the past year, 5.40 percent over the past three years, 5.35 percent over the past five years, and 4.40 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 1.4% |
| 1 Year | 3.8% |
| 3 Years (Annualized) | 5.4% |
| 5 Years (Annualized) | 5.3% |
| 10 Years (Annualized) | 4.4% |
Summary
The investment seeks a high level of current income, exempt from federal income tax and Connecticut personal income tax. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Connecticut personal income taxes. It allocates assets across different market sectors and maturities. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.
Fees
Fees are Low compared to funds in the same category.
Fidelity Connecticut Municipal Income Fund has an expense ratio of 0.48 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
