FCTFX : Fidelity® California Municipal Income Fund

FCTFX is a Bond Market Municipal Bond with LOW fees.

FCTFX

Fidelity® California Municipal Income Fund

FI Score

74 /100

Expense Ratio Rating

9 /10

Expense Rating

6 /10

Market Score

8 /10

Category Score

8 /10

Market Size

8 /10

74% FI Score
  • fctfx
  • Mutual Fund
  • Bond
  • Municipal Bond

Fidelity® California Municipal Income Fund

Expenses: 0.45% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why »

Fund Summary

The investment seeks a high level of current income, exempt from federal and California personal income taxes. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and California personal income taxes. It potentially 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.

Largest Holdings

Amount Holding
1.22% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.98% CALIFORNIA PUB FIN AUTH REV 0.03%
0.73% CALIFORNIA ST 6%
0.68% PALOMAR HEALTH CALIF REV 5%
0.63% CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK LEASE REV 5%
0.61% ALAMEDA CORRIDOR TRANSN AUTH CALIF REV 5%
0.57% PERRIS CALIF UN HIGH SCH DIST 4%
0.56% LONG BEACH CALIF HBR REV 5%
0.56% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.55% LOS ANGELES CALIF DEPT ARPTS REV 5%
0.55% SAN JOSE CALIF ARPT REV 5%
0.54% CALIFORNIA HEALTH FACS FING AUTH REV 5.62%
0.53% CALIFORNIA ST 5%
0.52% LOS ANGELES CALIF DEPT WTR & PWR REV 0.02%
0.52% SAN BERNARDINO CNTY CALIF CTFS PARTN 5.5%
0.52% CALIFORNIA MUN FIN AUTH STUDENT HSG REV 5%
0.52% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.51% NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 4%
0.50% TURLOCK CALIF IRR DIST REV 5.5%
0.49% LOS ANGELES CALIF DEPT ARPTS REV 5%
0.49% CALIFORNIA ST PUB WKS BRD LEASE REV 5%
0.49% CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5%
0.49% LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 0.05%
0.48% CALIFORNIA MUN FIN AUTH MULTIFAMILY HSG REV 2.65%
0.46% SAN MATEO FOSTER CITY CALIF PUB FING AUTH WASTEWATER REV 5%

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