Fidelity Limited Term Municipal Income Fund · Profile · TradingHolo
About Fidelity Limited Term Municipal Income Fund
The fund primarily directs at least 80% of its investments into high-quality municipal bonds, which provide income that is not subject to federal taxation. It typically maintains an average maturity, calculated by dollar value, within a two-to-five-year range. Furthermore, more than a quarter of the portfolio's total value is dedicated to municipal debt instruments that finance comparable kinds of ventures.