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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.
Name | Title | Since | Until |
---|---|---|---|
Michael Maka | Portfolio Manager | 2020 | Now |
Elizah McLaughlin | Portfolio Manager | 2018 | Now |
Biography | Since joining Fidelity Investments in 1997, Ms. McLaughlin has worked as an analyst and portfolio manager. | ||
Cormac Cullen | Portfolio Manager | 2016 | Now |
Biography | Mr. Cullen has worked as a research analyst and portfolio manager with Fidelity since 2010. Prior to assuming his current position, from 2007 to 2010, Mr. Cullen supported FIAM’s Fixed Income Division as senior legal counsel. | ||
Kevin Ramundo | Portfolio Manager | 2016 | 2020 |
Biography | Kevin Ramundo joined Fidelity Investments in 2000, Mr. Ramundo has worked as a research analyst and portfolio manager. | ||
Mark Sommer | Portfolio Manager | 2016 | 2018 |
Biography | Sommer is manager of Fidelity funds. Since joining Fidelity in 1992, Sommer has worked as an analyst and manager. | ||
Jamie Pagliocco | Co-Manager | 2006 | 2017 |
Biography | Pagliocco is co-manager of Advisor Municipal Income Fund, which he has managed since February 2009. He also manages other Fidelity funds. Since joining Fidelity Investments in 2001, Mr. Pagliocco has worked as a municipal bond trader, assistant fixed income head trader and portfolio manager. | ||
Douglas McGinley | Portfolio Manager | 2005 | 2006 |
Biography | Doug McGinley has worked as a research analyst and portfolio manager since joining Fidelity Investments in 1994. |
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