Fidelity California Limited Term Tax-Free Bond (FCSTX)
10.60
0.00 (0.00%)
USD |
Mar 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.30% | 646.67M | -- | 15.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 68.81M | 4.41% |
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:
30
-3.794M
Peer Group Low
17.11M
Peer Group High
1 Year
% Rank:
53
68.81M
12.17M
Peer Group Low
139.09M
Peer Group High
3 Months
% Rank:
59
-8.920M
Peer Group Low
36.71M
Peer Group High
3 Years
% Rank:
36
-143.76M
Peer Group Low
123.20M
Peer Group High
6 Months
% Rank:
12
-16.13M
Peer Group Low
53.18M
Peer Group High
5 Years
% Rank:
59
-243.33M
Peer Group Low
179.16M
Peer Group High
YTD
% Rank:
42
-11.30M
Peer Group Low
30.69M
Peer Group High
10 Years
% Rank:
65
-503.20M
Peer Group Low
344.55M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 07, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 2.22% |
| Stock | 0.00% |
| Bond | 99.16% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -1.38% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Fidelity Cash Central Fund
|
2.81% | -- | -- |
| UNIVERSITY CALIF REVS CA 5.000 05/15/2033 | 2.04% | 118.24 | -0.10% |
| CALIFORNIA ST CA 5.000 11/01/2028 | 2.00% | 107.68 | -0.02% |
| CALIFORNIA ST CA 5.000 09/01/2032 | 1.87% | 117.09 | -0.07% |
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV CA 2.000 04/01/2056 | 1.85% | 97.81 | 0.00% |
| SANTA ROSA CALIF WASTEWATER REV CA 0.000 09/01/2026 | 1.74% | -- | -- |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 10/01/2031 | 1.18% | -- | -- |
| SAN MATEO CNTY CALIF CMNTY COLLEGE DIST CA 0.000 09/01/2028 | 1.18% | 94.55 | 0.02% |
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV CA 2.625 04/01/2045 | 1.16% | 99.97 | 0.00% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV CA 1.200 12/01/2050 | 1.14% | -- | -- |
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 (3-5-26) | 2.20% |
| 30-Day SEC Yield (1-31-26) | 2.27% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 309 |
| Bond | |
| Yield to Maturity (12-31-25) | 2.71% |
| Effective Duration | 3.16 |
| Average Coupon | 4.63% |
| Calculated Average Quality | 2.338 |
| Effective Maturity | 7.570 |
| Nominal Maturity | 8.525 |
| Number of Bond Holdings | 305 |
As of December 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. |