Fidelity Tax-Free Bond Fund (FTABX)
| Fund Assets | 3.75B |
| Expense Ratio | 0.25% |
| Min. Investment | $25,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.19% |
| Dividend Growth | 5.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 11.09 |
| YTD Return | 0.96% |
| 1-Year Return | 8.65% |
| 5-Year Return | 5.37% |
| 52-Week Low | 10.55 |
| 52-Week High | 11.26 |
| Beta (5Y) | 0.30 |
| Holdings | 1274 |
| 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 8.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.02%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03037 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02777 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02903 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0304 | Jan 2, 2026 |
| Dec 5, 2025 | $0.001 | Dec 8, 2025 |
| Nov 30, 2025 | $0.02947 | Dec 1, 2025 |