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FISHX Fidelity Advisor® Ltd Trm Muni Inc I

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Fund FISHX Fidelity Advisor® Ltd Trm Muni Inc I IBMG iShares iBonds Sep 2018 Term Muni Bond BIAEX Brown Advisory Tax Exempt Bond Investor  
Similarity
?
100% 89% 92%
Annual Fees
?
$56.09
(0.55% Exp. Ratio)
$18.36
(0.18% Exp. Ratio)
$49.97
(0.49% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.98% annual return
$15,248.82 $17,045.88 $15,527.24
Est. savings over 30 yrs +$1,797.07 +$278.42
Return
As of 12/31/16
1 YR RETURN -0.42%
3 YR 0.90%
5 YR 1.00%
10 YR 2.45%
1 YR RETURN 0.59%
3 YR 1.15%
5 YR --
10 YR --
1 YR RETURN 0.62%
3 YR 2.50%
5 YR --
10 YR --
Description
The investment seeks as high a level of current income, exempt from federal income tax, as is consistent with preservation of capital. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax. It normally maintains a dollar-weighted average maturity between two and five years. The fund invests more than 25% of total assets in municipal securities that finance similar types of projects.
The investment seeks to track the investment results of the S&P AMT-Free Municipal Series 2018 IndexTM (the "underlying index"), which measures the performance of investment-grade, non-callable U.S. municipal bonds maturing in 2018. The fund generally will invest at least 90% of its assets in the component securities of the underlying index, and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index, but which the advisor believes will help the fund track the underlying index. It is non-diversified.
The investment seeks to provide a high level of current income exempt from Federal income tax by investing primarily in intermediate-term investment grade municipal bonds. The fund normally will invest at least 80% of the fund's net assets (plus borrowings for investment purposes) in securities the interest of which is exempt from Federal income taxes and that do not subject shareholders to the federal alternative minimum tax ("AMT"). It may invest up to 20% of its assets in securities that may fully subject shareholders to Federal income tax, including the AMT. The fund is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

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