# Portfolio overlap — FSMJX vs FSTFX

Comparing **Fidelity SAI Conservative Income Municipal Bond Fund** (2026-01-31) and **Fidelity Limited Term Municipal Income Fund** (2026-03-31).

- Shared positions: 53
- Fidelity SAI Conservative Income Municipal Bond Fund covered by Fidelity Limited Term Municipal Income Fund: 0.1065306765257590623956859347
- Fidelity Limited Term Municipal Income Fund covered by Fidelity SAI Conservative Income Municipal Bond Fund: 0.1065306765257590623956859345

## Fidelity SAI Conservative Income Municipal Bond Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Fidelity Municipal Cash Central Fund | 0.040616 | ✓ |
| SAINT JAMES PARISH LA REVENUE PARISH OF ST JAMES LA | 0.023349 |  |
| Port of Port Arthur Navigation District | 0.019813 |  |
| DFW ARPT 5% 11/1/2026 @ | 0.017368 |  |
| Florida Insurance Assistance Interlocal Agency Inc | 0.014964 |  |
| AL SE ENERGY G=MO 2022-XG0410-NUV Q=MO D7 | 0.013948 |  |
| BRIGHTLINE FL PASSENGER RAIL 2024-XF1704-NUV E-AGM(RC)/RC D7@ | 0.012380 |  |
| ALBANY CITY NY 3/20/26 BAN | 0.012273 |  |
| MARICOPA AZ PUB SVC 09D V7 | 0.011275 |  |
| BINGHAMTON CITY NY 4/10/26 BAN | 0.011237 |  |
| Philadelphia Authority for Industrial Development | 0.010816 |  |
| BELLEVILLE TWP ESSEX CNTY NJ 7/7/26 BAN | 0.010678 |  |
| CA CMNTY CHOICE FIN AUTH 2022-XF3007-NUV Q=MO D7 | 0.010633 |  |
| Rib Floater Trust Various States | 0.010435 |  |
| CA MFH FOUNTAIN PK 2025-MIZ9233 MZ/MZ D35@ | 0.009190 |  |
| PRT ARTHR TX MTVA10E Q=SELF V7 | 0.009011 |  |
| MARICOPA AZ PUB SVC 09E V7 | 0.008864 |  |
| AL SE ENERGY G=MO 2022-XM1062-ALL Q=MO D7 | 0.008408 |  |
| MEADE CNTY KY INDL BLDG REVENU REGD V/R B/E AMT 3.10000000 | 0.008300 |  |
| PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV | 0.008082 |  |
| LYNCHBURG VA EDA CENTRA HLTH 2018-XL0075-NUV Q=JPMC BK D7 | 0.007912 |  |
| PA THO JFFRSN U 18D RFLOAT V7 | 0.007313 |  |
| Tender Option Bond Trust Receipts/Certificates | 0.007300 |  |
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL V7 | 0.007147 |  |
| NATIONAL FN AT 4.25% MT@ | 0.007121 |  |
| WA ST HLTH CAR 5% 8/15/2029 | 0.006845 |  |
| PRT ARTHR TX MTVA10D Q=SELF V7 | 0.006843 |  |
| FL GT ORLANDO ARPT 2022-XM1093-ALL Q=JPMC BK D1@ | 0.006808 |  |
| NYC NY 5% 8/1/2026 | 0.006605 |  |
| AL NUCOR 03A V7@ | 0.006329 |  |
| REPUBLIC SERVICES INC (MPT) 3.45% 12-01-35 | 0.006257 | ✓ |
| Tender Option Bond Trust Receipts/Certificates | 0.006094 |  |
| WASTE MANAGEMENT INC (MPT) 4.6% 10-01-46 | 0.005973 |  |
| LA CA AIRPT 5% 5/15/2027 @ | 0.005770 |  |
| COMMUNITY ROOTS HOUSING FOUNDATION 3.4% MT | 0.005668 |  |
| ORANGE TWP CITY ESSEX CNTY NJ 3/18/26 BAN | 0.005549 |  |
| REPUBLIC SERVICES INC (MPT) 3.45% 07-01-41 | 0.005542 |  |
| BLACK BELT ENERGY GAS VAR | 0.005524 | ✓ |
| HUMBLE TX ISD 5% 2/15/2027 | 0.005505 |  |
| WASTE MANAGEMENT INC (MPT) 3.45% 12-01-44 | 0.005353 |  |
| WASTE MANAGEMENT INC (MPT) 3.875% 08-01-38 | 0.005098 |  |
| ITHACA CITY NY CITY OF ITHACA NY | 0.005085 |  |
| Tender Option Bond Trust Receipts/Certificates | 0.005058 |  |
| SULLIVAN WEST NY CSD 6/25/26 BAN | 0.005043 |  |
| MIAMI-DADE SLW 4.50% 11/1/2048 MT @ | 0.005024 |  |
| PENNSYLVANIA ST ECON DEV FING REGD V/R B/E AMT 4.00000000 | 0.004959 |  |
| TX ST MF HSG ROERS BOERNE 2023-MIZ9124 MZ/MZ D35 | 0.004956 |  |
| NEWARK NJ | 0.004909 |  |
| KY NUCOR 20A1 V1@ | 0.004904 |  |
| Tender Option Bond Trust Receipts/Certificates | 0.004869 |  |

## Fidelity Limited Term Municipal Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Fidelity Municipal Cash Central Fund | 0.054522 | ✓ |
| SOUTHEAST ENERGY-E | 0.013502 |  |
| WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.009282 |  |
| WA ST HLTH CAR 5% 10/1/2035 | 0.007430 |  |
| MTRO WA DC ARPT 5% 10/1/2028 @ | 0.007421 |  |
| NYC NY 5% 8/1/2028 | 0.006804 |  |
| BLACK BELT ENERGY GAS VAR | 0.006642 | ✓ |
| Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C | 0.006628 |  |
| WA ST HLTH CAR 5% MT | 0.006157 |  |
| WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.006032 |  |
| WA ST HLTH CAR 5% 10/1/2030 | 0.005946 |  |
| MAIN STR NAT GA 4% MT | 0.005921 | ✓ |
| WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000 | 0.005535 |  |
| MAIN STR NAT GA 4% 07/01/2052 MT | 0.005236 | ✓ |
| School District of Broward County, Series 2025A | 0.005073 |  |
| OKLAHOMA CTY OK 3% 7/1/2026 | 0.005015 | ✓ |
| CHICAGO IL BRD OF EDU | 0.004873 |  |
| DFW ARPT 5% 11/1/2050 MT @ | 0.004846 |  |
| California Community Choice Financing Authority | 0.004752 |  |
| WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.004748 |  |
| NYC NY 5% 8/1/2027 | 0.004699 |  |
| State of New Jersey, Series 2020A | 0.004648 |  |
| NY TRANS CORP 5% 12/1/2026 @ | 0.004642 | ✓ |
| UT CNTY UT HOSP 5% MT | 0.004587 | ✓ |
| MTRO WA DC ARPT 5% 10/1/2026@ | 0.004504 |  |
| NY TRANS CORP 5% 12/1/2027 @ | 0.004471 |  |
| TN TNSUTL 5 11/01/2034 | 0.004459 |  |
| COLORADO ST HLTH FACS AUTH REVENUE | 0.004449 |  |
| TX SANUTL 02/01/2055 | 0.004386 | ✓ |
| PORT NY NJ 5% 12/1/2028 @ | 0.004341 |  |
| KY HSG SFM 6% 7/1/2054 | 0.004284 |  |
| MAIN STR NAT GA 5% MT | 0.004283 |  |
| LOVE FLD MOD TX 5% 11/1/2029 @ | 0.004283 |  |
| MINNEAPOLS MN 5% MT | 0.004278 |  |
| NYC NY 5% 8/1/2028 | 0.004170 |  |
| TARRANT TX EDFC 5% MT | 0.004056 |  |
| LOVE FLD MOD TX 5% 11/1/2028 @ | 0.004024 |  |
| OHIO HOUSING FINANCE AGENCY FNMA/GNMA/FHLMC 3.25% 03-01-51 | 0.003872 |  |
| NJ ST TRANSN TR FD | 0.003810 |  |
| MAIN STR NAT GA 5% MT | 0.003784 |  |
| NE CENPWR 08/01/2055 | 0.003738 |  |
| GRAND PKWY TRANSPRTN | 0.003720 |  |
| CALIFORNIA COMMUNITY VAR | 0.003678 |  |
| SAN ANTONIO TX ELEC   GAS REVE SANUTL 12/45 ADJUSTABLE VAR | 0.003660 |  |
| HARRIS TX CED 5% MT | 0.003650 |  |
| New Jersey Transportation Trust Fund Authority | 0.003626 |  |
| SOUTHEAST ENRG 5% MT | 0.003621 |  |
| GEORGIA POWER CO (MPT) 2.9% 08-01-43 | 0.003593 |  |
| MAIN STR NAT GA 5% MT | 0.003548 |  |
| HI ST 5% 10/1/2026 | 0.003463 |  |


## Sources

- N-PORT (fund A) — accession `0000035402-26-002025` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/35315/000003540226002025/0000035402-26-002025-index.htm>
- N-PORT (fund B) — accession `0000035402-26-003413` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/35373/000003540226003413/0000035402-26-003413-index.htm>

---

_Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._

_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

_Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See <https://fundwatcher.app/terms/>_
