Fidelity SAI Municipal Bond Index (FSABX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.49
0.00 (0.00%)
Sep 12, 2025, 4:00 PM EDT
Fund Assets77.50M
Expense Ratio0.07%
Min. Investment$0.00
Turnover25.00%
Dividend (ttm)0.54
Dividend Yield2.92%
Dividend Growth8.67%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close18.49
YTD Return0.79%
1-Year Return0.01%
5-Year Return-0.72%
52-Week Low17.50
52-Week High18.84
Beta (5Y)n/a
Holdings995
Inception DateJul 11, 2019

About FSABX

Fidelity SAI Municipal Bond Index Fund is an open‑end mutual fund that tracks the U.S. investment‑grade municipal bond market to deliver a high level of current income that is generally exempt from federal income tax. The portfolio normally invests at least 80% of assets in municipal securities and targets the national intermediate segment, emphasizing broad diversification across states and revenue sources such as general obligation, water and sewer, transportation, and local government issuers. The fund maintains an intermediate interest‑rate profile, aligning with category durations of roughly 4–6 years, seeking balanced sensitivity to rate moves and credit quality considerations. It is designed with a low‑cost structure, featuring a notably low expense ratio and passive index methodology to keep tracking and operating costs contained. Managed by Fidelity, the strategy aims to mirror municipal bond index characteristics while offering tax‑advantaged income, making it a core building block for investors seeking federally tax‑exempt bond exposure within diversified fixed income allocations. According to third‑party category frameworks, it sits in Muni National Intermediate, reflecting its role as a broad, intermediate‑term muni market exposure.

Fund Family Fidelity
Category Muni National Interm
Stock Exchange NASDAQ
Ticker Symbol FSABX
Index Bloomberg Municipal Bond TR

Performance

FSABX had a total return of 0.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.53%.

Top 10 Holdings

8.66% of assets
NameSymbolWeight
Fidelity Municipal Cash Centraln/a3.04%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 0.04%CA.CCEDEV 02.01.20520.96%
Cashn/a0.88%
NEW YORK ST URBAN DEV CORP ST SALES TAX REV 0.05%NY.NYSFAC 5 03.15.20540.65%
LOS ANGELES CALIF UNI SCH DIST 0.05%CA.LOSSCD 5 07.01.20340.58%
NEW YORK ST URBAN DEV CORP REV 0.05%NY.NYSDEV 5 03.15.20370.57%
NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.05%NY.NYCUTL 5 06.15.20390.52%
CALIFORNIA ST 0.03%CA.CAS 3 11.01.20350.50%
SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 0.05%AZ.SALAGR 5 01.01.20380.50%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 0.05%GA.MAIUTL 12.01.20540.47%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.04809Sep 2, 2025
Jul 31, 2025$0.04825Aug 1, 2025
Jun 30, 2025$0.04593Jul 1, 2025
May 30, 2025$0.0461Jun 2, 2025
Apr 30, 2025$0.04423May 1, 2025
Mar 31, 2025$0.04571Apr 1, 2025
Full Dividend History