PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Fidelity Limited Term Municipal Income Fund (FSTFX...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3162032078

CUSIP

316203207

Issuer

Fidelity

Inception Date

Dec 24, 1986

Min. Investment

$0

Asset Class

Bond

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FSTFX vs. FLTMX FSTFX vs. SUB FSTFX vs. VTEX FSTFX vs. MTUM FSTFX vs. BND FSTFX vs. FTABX FSTFX vs. FTBFX FSTFX vs. FUENX FSTFX vs. JPST
Popular comparisons:
FSTFX vs. FLTMX FSTFX vs. SUB FSTFX vs. VTEX FSTFX vs. MTUM FSTFX vs. BND FSTFX vs. FTABX FSTFX vs. FTBFX FSTFX vs. FUENX FSTFX vs. JPST

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Limited Term Municipal Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.91%
12.53%
FSTFX (Fidelity Limited Term Municipal Income Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity Limited Term Municipal Income Fund had a return of 2.53% year-to-date (YTD) and 4.41% in the last 12 months. Over the past 10 years, Fidelity Limited Term Municipal Income Fund had an annualized return of 1.32%, while the S&P 500 had an annualized return of 11.21%, indicating that Fidelity Limited Term Municipal Income Fund did not perform as well as the benchmark.


FSTFX

YTD

2.53%

1M

0.47%

6M

2.91%

1Y

4.41%

5Y (annualized)

1.05%

10Y (annualized)

1.32%

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of FSTFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.13%0.16%-0.29%-0.17%-0.13%0.85%0.86%0.77%0.73%-0.68%2.53%
20231.64%-1.54%1.42%-0.49%-0.30%0.53%0.25%-0.25%-1.18%0.01%2.76%0.97%3.81%
2022-1.75%-0.47%-1.70%-1.45%1.11%-0.28%1.17%-1.32%-1.85%-0.27%2.13%0.10%-4.58%
20210.40%-0.62%0.21%0.39%0.02%0.10%0.38%-0.17%-0.37%-0.09%0.09%0.01%0.33%
20200.89%0.50%-2.44%-0.24%1.96%0.79%0.88%0.13%0.03%-0.06%0.49%0.30%3.24%
20190.63%0.33%0.63%0.06%0.81%0.42%0.62%0.52%-0.60%0.33%0.14%0.06%4.01%
2018-0.15%-0.17%-0.10%-0.21%0.62%0.10%0.47%0.05%-0.34%-0.24%0.63%0.63%1.27%
20170.61%0.40%0.12%0.41%0.70%-0.25%0.50%0.50%-0.35%0.03%-0.73%0.32%2.29%
20160.69%0.11%-0.16%0.31%-0.07%0.68%0.21%-0.06%-0.17%-0.25%-1.96%0.23%-0.46%
20150.89%-0.49%-0.05%-0.15%-0.32%0.04%0.31%0.03%0.41%0.32%-0.07%0.03%0.94%
20140.72%0.51%-0.41%0.43%0.43%0.05%0.06%0.34%-0.05%0.24%0.05%-0.08%2.30%
20130.15%0.25%-0.04%0.33%-0.41%-0.97%0.15%-0.41%0.72%0.44%-0.04%-0.12%0.04%

Expense Ratio

FSTFX features an expense ratio of 0.37%, falling within the medium range.


Expense ratio chart for FSTFX: current value at 0.37% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.37%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FSTFX is 76, placing it in the top 24% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of FSTFX is 7676
Combined Rank
The Sharpe Ratio Rank of FSTFX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of FSTFX is 8888
Sortino Ratio Rank
The Omega Ratio Rank of FSTFX is 9191
Omega Ratio Rank
The Calmar Ratio Rank of FSTFX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of FSTFX is 5454
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Limited Term Municipal Income Fund (FSTFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FSTFX, currently valued at 2.51, compared to the broader market-1.000.001.002.003.004.005.002.512.53
The chart of Sortino ratio for FSTFX, currently valued at 4.08, compared to the broader market0.005.0010.004.083.39
The chart of Omega ratio for FSTFX, currently valued at 1.67, compared to the broader market1.002.003.004.001.671.47
The chart of Calmar ratio for FSTFX, currently valued at 1.57, compared to the broader market0.005.0010.0015.0020.001.583.65
The chart of Martin ratio for FSTFX, currently valued at 10.44, compared to the broader market0.0020.0040.0060.0080.00100.0010.4416.21
FSTFX
^GSPC

The current Fidelity Limited Term Municipal Income Fund Sharpe ratio is 2.51. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Limited Term Municipal Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.004.50JuneJulyAugustSeptemberOctoberNovember
2.51
2.53
FSTFX (Fidelity Limited Term Municipal Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Limited Term Municipal Income Fund provided a 1.97% dividend yield over the last twelve months, with an annual payout of $0.21 per share. The fund has been increasing its distributions for 2 consecutive years.


1.30%1.40%1.50%1.60%1.70%1.80%1.90%$0.00$0.05$0.10$0.15$0.2020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.21$0.18$0.14$0.14$0.17$0.19$0.17$0.16$0.15$0.17$0.20$0.19

Dividend yield

1.97%1.69%1.38%1.26%1.59%1.75%1.64%1.50%1.47%1.60%1.91%1.82%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Limited Term Municipal Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.00$0.17
2023$0.01$0.01$0.01$0.01$0.02$0.01$0.02$0.02$0.01$0.02$0.02$0.02$0.18
2022$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.14
2021$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.14
2020$0.02$0.01$0.02$0.02$0.02$0.02$0.02$0.01$0.01$0.01$0.01$0.01$0.17
2019$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.19
2018$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.01$0.02$0.02$0.02$0.17
2017$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.16
2016$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.15
2015$0.02$0.02$0.02$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.17
2014$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.20
2013$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.19

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.49%
-0.53%
FSTFX (Fidelity Limited Term Municipal Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Limited Term Municipal Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Limited Term Municipal Income Fund was 7.38%, occurring on Oct 25, 2022. Recovery took 448 trading sessions.

The current Fidelity Limited Term Municipal Income Fund drawdown is 0.49%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-7.38%Aug 6, 2021310Oct 25, 2022448Aug 1, 2024758
-7.09%Mar 10, 20209Mar 20, 202081Jul 16, 202090
-6.85%Mar 17, 1987155Oct 19, 198768Jan 21, 1988223
-3.53%Feb 3, 199444Apr 5, 1994215Jan 31, 1995259
-3.47%Sep 16, 200823Oct 16, 200855Jan 6, 200978

Volatility

Volatility Chart

The current Fidelity Limited Term Municipal Income Fund volatility is 0.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.69%
3.97%
FSTFX (Fidelity Limited Term Municipal Income Fund)
Benchmark (^GSPC)