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FCUAX Franklin CA Ultra-Shrt Tx-Fr Inc A1

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Fund FCUAX Franklin CA Ultra-Shrt Tx-Fr Inc A1 FCSTX Fidelity® California Ltd Trm Tax-Free Bd  
100% 96%
Annual Fees
(0.53% Exp. Ratio)
(0.48% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.93% annual return
$15,149.54 $15,379.67
Est. savings over 30 yrs +$230.13
As of 9/30/16
1 YR RETURN 0.09%
3 YR 0.03%
5 YR 0.02%
10 YR 0.53%
1 YR RETURN 2.12%
3 YR 2.32%
5 YR 2.09%
10 YR 3.12%
The investment seeks to provide investors with as high a level of income exempt from federal income taxes and California personal income taxes as is consistent with prudent investment management, the preservation of shareholders' capital and liquidity in its investments. The fund normally invests at least 80% of its total assets in securities that pay interest free from federal income taxes, including the federal alternative minimum tax, and from California personal income taxes. It may also invest up to 35% of its total assets in municipal securities issued by U.S. territories.
The investment seeks a high level of current income, exempt from federal and California personal income taxes. The fund normally invests at least 80% of assets in investment-grade municipal debt securities whose interest is exempt from federal and California personal income taxes. Potentially it invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund normally maintains a dollar-weighted average maturity between two and five years. It 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.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


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

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


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