Fidelity Tax-Free Bond (FTABX)
| Fund Assets | 3.46B |
| Expense Ratio | 0.25% |
| Min. Investment | $25,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.12% |
| Dividend Growth | 4.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 11.03 |
| YTD Return | 1.92% |
| 1-Year Return | 1.68% |
| 5-Year Return | 4.26% |
| 52-Week Low | 10.44 |
| 52-Week High | 11.17 |
| Beta (5Y) | 0.28 |
| Holdings | 1308 |
| Inception Date | Apr 10, 2001 |
About FTABX
Fidelity Tax-Free Bond Fund is a mutual fund focused on offering investors a high level of current income that is exempt from federal income tax. The fund primarily allocates at least 80% of its assets to municipal securities—bonds issued by state or local governments to finance various public projects. These holdings typically include investment-grade securities, which help balance yield and credit risk, and the portfolio is structured with an effective duration in the intermediate-to-long range, providing exposure to interest rate changes. With total assets over $3 billion and a low expense ratio, it is managed to maintain broad diversification across sectors like utilities, transportation, and infrastructure. By targeting tax-exempt income, Fidelity Tax-Free Bond Fund plays a significant role in the fixed income market, particularly for individuals seeking efficient tax-advantaged strategies and exposure to U.S. municipal debt markets.
Performance
FTABX had a total return of 1.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.
Top 10 Holdings
7.13% of assets| Name | Symbol | Weight |
|---|---|---|
| SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5.25% | AZ.SALAGR 5.25 01.01.2053 | 1.30% |
| METROPOLITAN TRANSN AUTH N Y REV 4% | NY.MTATRN 4 11.15.2046 | 0.81% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% | AL.SEEPWR 10.01.2055 | 0.77% |
| SALT LAKE CITY UTAH ARPT REV 5% | UT.SALAPT 5 07.01.2051 | 0.64% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 05.01.2054 | 0.63% |
| CENTRAL VY ENERGY AUTH CALIF COMMODITY SUPPLY REV 5% | CA.CTVPWR 12.01.2055 | 0.62% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 10.01.2055 | 0.61% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4% | AL.SEEPWR 12.01.2051 | 0.61% |
| Cash | n/a | 0.59% |
| METROPOLITAN PIER & EXPOSITION AUTH ILL REV 5% | IL.MPNFAC 5 06.15.2050 | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.029 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02997 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02996 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0287 | Jul 1, 2025 |
| May 30, 2025 | $0.02915 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02871 | May 1, 2025 |