Fidelity California Limited Term Tax-Free Bond (FCSTX)
10.48
0.00 (0.00%)
USD |
May 05 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.30% | 644.54M | -- | 15.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 69.84M | 4.28% |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income, exempt from federal and California personal income taxes. Under normal market conditions, the Fund will invest at least 80% of assets in investment-grade municipal debt securities whose interest is exempt from federal and California personal income taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Medium Term |
| Peer Group | California Sh-Intmdt Municipal Debt Fds |
| Global Macro | -- |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Sh-Intmdt Municipal Debt Fds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
48
-3.216M
Peer Group Low
10.86M
Peer Group High
1 Year
% Rank:
53
69.84M
18.54M
Peer Group Low
126.03M
Peer Group High
3 Months
% Rank:
30
-4.447M
Peer Group Low
40.66M
Peer Group High
3 Years
% Rank:
53
-127.48M
Peer Group Low
142.45M
Peer Group High
6 Months
% Rank:
53
-4.493M
Peer Group Low
59.15M
Peer Group High
5 Years
% Rank:
65
-203.59M
Peer Group Low
176.66M
Peer Group High
YTD
% Rank:
65
-9.054M
Peer Group Low
54.24M
Peer Group High
10 Years
% Rank:
65
-499.89M
Peer Group Low
344.71M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 06, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 1.56% |
| Stock | 0.00% |
| Bond | 102.1% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -3.67% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Cash Central Fund
|
3.87% | -- | -- |
| CALIFORNIA ST CA 5.000 11/01/2028 | 1.95% | 106.38 | -0.01% |
| UNIVERSITY CALIF REVS CA 5.000 05/15/2033 | 1.92% | 114.39 | -0.00% |
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV CA 2.000 04/01/2056 | 1.82% | 97.64 | -0.11% |
| CALIFORNIA ST CA 5.000 09/01/2032 | 1.78% | 113.95 | -0.00% |
| SANTA ROSA CALIF WASTEWATER REV CA 0.000 09/01/2026 | 1.73% | 99.16 | 0.01% |
| SAN MATEO CNTY CALIF CMNTY COLLEGE DIST CA 0.000 09/01/2028 | 1.17% | 94.30 | 0.01% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV CA 1.200 12/01/2050 | 1.14% | 94.90 | -0.09% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 10/01/2031 | 1.12% | 104.13 | 0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.250 11/01/2054 | 1.10% | 106.02 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.20% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income, exempt from federal and California personal income taxes. Under normal market conditions, the Fund will invest at least 80% of assets in investment-grade municipal debt securities whose interest is exempt from federal and California personal income taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Medium Term |
| Peer Group | California Sh-Intmdt Municipal Debt Fds |
| Global Macro | -- |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Sh-Intmdt Municipal Debt Fds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (5-4-26) | 2.27% |
| 30-Day SEC Yield (4-30-26) | 2.57% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 323 |
| Bond | |
| Yield to Maturity (3-31-26) | 2.78% |
| Effective Duration | 3.16 |
| Average Coupon | 4.67% |
| Calculated Average Quality | 2.328 |
| Effective Maturity | 7.855 |
| Nominal Maturity | 8.506 |
| Number of Bond Holdings | 313 |
As of March 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 10/25/2005 |
| Last Annual Report Date | 2/28/2025 |
| Last Prospectus Date | 4/29/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FCSTX", "name") |
| Broad Asset Class: =YCI("M:FCSTX", "broad_asset_class") |
| Broad Category: =YCI("M:FCSTX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FCSTX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |