Fidelity California Limited Term Tax-Free Bond (FCSTX)
10.53
0.00 (0.00%)
USD |
Dec 26 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.30% | 629.23M | -- | 15.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 63.91M | 4.49% | Upgrade | Upgrade |
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:
6
-1.109M
Peer Group Low
8.562M
Peer Group High
1 Year
% Rank:
53
63.91M
7.861M
Peer Group Low
148.33M
Peer Group High
3 Months
% Rank:
6
-13.73M
Peer Group Low
26.23M
Peer Group High
3 Years
% Rank:
36
-162.91M
Peer Group Low
93.41M
Peer Group High
6 Months
% Rank:
12
919254.0
Peer Group Low
86.82M
Peer Group High
5 Years
% Rank:
59
-294.66M
Peer Group Low
180.56M
Peer Group High
YTD
% Rank:
36
13.83M
Peer Group Low
133.24M
Peer Group High
10 Years
% Rank:
65
-472.41M
Peer Group Low
334.14M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 27, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.18% |
| Stock | 0.00% |
| Bond | 101.0% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -2.18% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| UNIVERSITY CALIF REVS CA 5.000 05/15/2033 | 2.06% | 117.78 | -0.02% |
| CALIFORNIA ST CA 5.000 11/01/2028 | 2.03% | 107.47 | -0.02% |
| CALIFORNIA ST CA 5.000 09/01/2032 | 1.89% | 115.24 | -0.01% |
|
FIDELITY CASH CENTRAL FUND
|
1.88% | -- | -- |
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV CA 2.000 04/01/2056 | 1.86% | 97.15 | 0.00% |
| SANTA ROSA CALIF WASTEWATER REV CA 0.000 09/01/2026 | 1.76% | -- | -- |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 10/01/2031 | 1.20% | -- | -- |
| SAN MATEO CNTY CALIF CMNTY COLLEGE DIST CA 0.000 09/01/2028 | 1.20% | 93.81 | 0.02% |
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV CA 2.625 04/01/2045 | 1.18% | 99.82 | 0.01% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.250 11/01/2054 | 1.16% | 106.42 | -0.01% |
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 (12-26-25) | 2.15% |
| 30-Day SEC Yield (11-30-25) | 2.50% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 309 |
| Bond | |
| Yield to Maturity (10-31-25) | 2.78% |
| Effective Duration | 3.19 |
| Average Coupon | 4.63% |
| Calculated Average Quality | 2.347 |
| Effective Maturity | 7.512 |
| Nominal Maturity | 8.461 |
| Number of Bond Holdings | 307 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 10/25/2005 |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| 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. |