Fidelity SAI Municipal Bond Index Fund (FSABX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

18.67

0.00 (0.00%)

Dec 11, 2025, 4:00 PM EST

0.76% (1Y)

Fund Assets	88.79M
Expense Ratio	0.07%
Min. Investment	$0.00
Turnover	n/a
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	18.67
YTD Return	107.84%
1-Year Return	107.75%
5-Year Return	104.60%
52-Week Low	17.50
52-Week High	18.81
Beta (5Y)	n/a
Holdings	930
Inception Date	Jul 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 107.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.68%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VWLTX	Vanguard	Vanguard Long-Term Tax-Exempt Fund	0.17%
VWAHX	Vanguard	Vanguard High-Yield Tax-Exempt Fund	0.17%
SWHYX	Schwab	Schwab Opportunistic Municipal Bond	0.50%