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Fidelity® California Municipal Income FCTFX

Analyst rating as of
NAV / 1-Day Return
13.13  /  0.07 %
Total Assets
2.3 Bil
Adj. Expense Ratio
0.450%
Expense Ratio
0.450%
Fee Level
Low
Longest Manager Tenure
5.73 years
Category
Muni California Long
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
2.20%
Effective Duration
5.69 years
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Morningstar’s Analysis

Will FCTFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A solid choice.

Associate Director

Summary

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While there's been some change, the team at Fidelity California Municipal Income remains large and experienced. This and the strategy's consistent and distinctive approach will serve investors well, resulting in a Morningstar Analyst Rating of Silver for the strategy's cheapest share classes, while its more expensive share classes earn Bronze and Neutral ratings.

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