The investment seeks as high a level of current income exempt from federal income tax and, to the extent possible, from Connecticut personal income tax, as is consistent with preservation of capital. The fund invests at least 80% of assets in municipal securities whose interest is exempt from federal and Connecticut personal income taxes. It invests up to 20% of assets in municipal securities whose interest is subject to Connecticut personal income tax. The fund invests more than 25% of total assets in municipal securities that finance similar types of projects. It invests in municipal money market securities.
Fund filings (PDF) »

Asset manager:
Management Team (Started: Jan 29, 2007)

Advisor Company:
Fidelity Management & Research Company
Fund family reports on Morningstar »

	1 year	3 years	5 years	10 years
Alpha*	-	-	-	-
Beta*	-	-	-	-
Mean annual return	0.00	0.00	0.02	0.09
R-squared*	-	-	-	-
Standard deviation	0.00	0.00	0.16	0.36
Sharpe ratio	-19.47	-6.03	-0.53	-2.58
* Against standard index

Risk measurement details »

Security	Net Assets
Fidelity Municipal Cash Central Fund, 0.13%	13.99%
Connecticut Health - Edl. Facilities Auth. Rev.: (St. Francis Hosp. - Med.	8.02%
Connecticut Health - Edl. Facilities Auth. Rev.: Participating Vrdn Series	5.35%
Connecticut Health - Edl. Facilities Auth. Rev.: (Yale-New Haven Hosp. Proj	4.59%
Connecticut Health - Edl. Facilities Auth. Rev.: (Yale Univ. Proj.) Series	4.53%
Puerto Rico Commonwealth Hwy. - Trans. Auth. Trans. Rev. Series 1998 A, 0.1	4.03%
Connecticut Health - Edl. Facilities Auth. Rev.: (Masonicare Corp. Proj.) S	3.88%
Connecticut Health - Edl. Facilities Auth. Rev.: Participating Vrdn Series	3.19%
Greenwich Gen. Oblig.: Ban Series 2013, 1%	2.92%
Connecticut Health - Edl. Facilities Auth. Rev.: Participating Vrdn Series	2.87%

Holdings Performance »