FTABX Fidelity Tax-Free Bond Forecast, Technical & Fundamental Analysis

The investment seeks to provide a high current yield exempt from federal income tax. The fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal income tax. It potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund does not invest in municipal securities whose interest is subject to federal income tax or in municipal securities whose interest is subject to the federal alternative minimum tax.