While there's been some change, the team at the helm of Fidelity Tax-Free Bond remains large and experienced. This and the strategy's consistent and distinctive approach and attractive price tag will help it keep an edge over peers, resulting in a Morningstar Analyst Rating of Gold.
Will FTABX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FTABX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FTABX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FTABX’s parent organization’s priorities and whether they’re in line with investors’ interests.