Fidelity California Municipal Income FCTFX | NASDAQ

Dividends

Company Overview:

Market Cap: $1.73B
Trailing PE: —
FWD PE: —
Payout Ratio (TTM): —
52-Week Range: $11.43 - $12.58

10 Year FCTFX Performance Metrics:

Total Return (with DRIP): 19.9% (1.83% CAGR)
Total Return (no DRIP): 17.8% (1.65% CAGR)
Share Price: -7.4% (-0.77% CAGR)
Yield on Cost (with DRIP): 3.97%
Total Invested: $10,000
Total Value (with DRIP): $11,990
Total Return $ (with DRIP): $1,990
Dividend Increase: -2.9% (-0.30% CAGR)
Dividend Yield (FWD): 3.31% ($0.40)
FCTFX 10-yr Total Return ($10K invested)
1M 3M 6M YTD 1Y 3Y 5Y 10Y
FCTFX Share Price
1M 3M 6M YTD 1Y 3Y 5Y 10Y All
FCTFX Price CAGR:1Y: -3.55%2Y: -1.11%5Y: -2.21%10Y: -0.77%
FCTFX Dividend Charts
FCTFX - Dividends
FCTFX Dividend CAGR:1Y: 3.13%2Y: 5.26%5Y: 5.71%10Y: 0.96%
FCTFX - Dividend Payout Ratio
FCTFX Dividend Payout Ratio CAGR:1Y: 0.00%2Y: 623.63%5Y: 90.95%10Y: 0.00%
FCTFX - Dividend to Free Cash Flow Ratio
FCTFX Dividend to FCF Ratio CAGR:1Y: 182.16%2Y: 60.77%5Y: 18.37%10Y: 0.00%
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FCTFX - Chart 1
FCTFX - Chart 2
FCTFX - Chart 3

FCTFX Financials: Earnings, Revenue, Cash Flow, Ebitda, Cash/Debt, Shares Float, etc:

Revenue
FCTFX Revenue CAGR:1Y: 2.17%2Y: 2.04%5Y: -2.25%10Y: 17.89%
Earnings Per Share (EPS)
FCTFX EPS CAGR:1Y: 0.00%2Y: -88.75%5Y: -52.07%10Y: 0.00%
Net Income
FCTFX Net Income CAGR:1Y: 0.00%2Y: -88.77%5Y: -52.34%10Y: 0.00%
EBITDA
FCTFX EBITDA CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Free Cash Flow
FCTFX Free Cash Flow CAGR:1Y: -75.70%2Y: -49.46%5Y: -23.12%10Y: 0.00%
Free Cash Flow / Share
FCTFX Free Cash Flow / Share CAGR:1Y: -75.70%2Y: -49.46%5Y: -23.08%10Y: 0.00%
Operating Income
FCTFX Operating Income CAGR:1Y: 2.43%2Y: 4.35%5Y: -1.79%10Y: 18.32%
Gross Profit
FCTFX Gross Profit CAGR:1Y: 2.17%2Y: 2.04%5Y: -2.25%10Y: 17.89%
Shares Outstanding
FCTFX Shares Outstanding CAGR:1Y: 0.00%2Y: 0.00%5Y: -0.05%10Y: 19.92%
Share Buybacks
FCTFX Share Buybacks CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Stock-Based Comp
FCTFX Stock-Based Comp CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Expenses
FCTFX Expenses CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Revenue vs Net Income
EPS vs FCF / Share
EPS vs PE Ratio
FCF vs FCF / Share
FCF vs Stock Based Comp
Cash & Debt

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

REVENUE: Actual + Estimates
FCTFX Actual Revenue CAGR:1Y: 2.17%2Y: 2.04%5Y: -2.25%10Y: 17.89%
EPS: Actual + Estimates
FCTFX Actual EPS CAGR:1Y: 0.00%2Y: -88.75%5Y: -52.07%10Y: 0.00%
NET INCOME: Actual + Estimates
FCTFX Actual Net Income CAGR:1Y: 0.00%2Y: -88.77%5Y: -52.34%10Y: 0.00%
EBITDA: Actual + Estimates
FCTFX Actual EBITDA CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%

Ratios, Profit Margins & Return on Capital:

Net Profit Margin
FCTFX Net Profit Margin CAGR:1Y: 0.00%2Y: -88.99%5Y: -51.23%10Y: 0.00%
Gross Profit Margin
FCTFX Gross Profit Margin CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Price to Earnings
FCTFX Price to Earnings CAGR:1Y: 0.00%2Y: 735.62%5Y: 106.90%10Y: 0.00%
Price To Sales Ratio
FCTFX Price To Sales Ratio CAGR:1Y: -2.86%2Y: -8.05%5Y: 0.88%10Y: 1.53%
Return on Capital Employed
FCTFX Return on Capital Employed CAGR:1Y: 7.62%2Y: 14.61%5Y: 1.10%10Y: -2.15%
Return on Invested Capital
FCTFX Return on Invested Capital CAGR:1Y: 0.00%2Y: 57.16%5Y: -3.09%10Y: 0.00%

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FCTFX Dividends Info:

Annual Dividend: $0.396
Forward Yield: 3.31%
Ex-Dividend Date: 2026-09-30
Lifetime Dividends / Share: $23.83

Projected Future Returns & Dividends for FCTFX

Based on past 10-year performance, here are FCTFX growth metrics:

Share price CAGR of -0.77%
Dividend CAGR of +0%

Using FCTFX CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

FCTFX (DRIP)FCTFX - No DRIP
Current Price$11.95$11.95
Start Shares836.82836.82
Start Value$10,000$10,000
  
After 10 years:
Final Share Count1,165.07836.82
Dividends Payment$0.03$0.03
Annual Dividends$427$307
Yield on cost4.27%3.07%
Share Price$11.06$11.06
Total Dividends$3,781$3,201
Final Value$12,887$12,458

Estimated Future Value + Dividends - FCTFX

NOTE: Above numbers are our estimate based on FCTFX's Dividend and Price CAGR over past 10 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

Company Info

Fidelity California Municipal Income (FCTFX) had its IPO on 1984-07-03, and is traded on NASDAQ stock exchange.

The fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal and California personal income taxes. It potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund allocates assets across different market sectors and maturities.

FCTFX website: https://fundresearch.fidelity.com/mutual-funds/summary/316390772


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DCF Model — FCTFX

Value from:
Pay up to today
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vs current price $11.95
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Cash flow & implied price by year

FCF is negative or missing for this company (common for banks) — the model discounts EPS instead.

EPS is negative or missing for this company — Simple mode uses free cash flow per share instead.

Free cash flow today
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grows for the next years
Then mature
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every future dollar counted back to today
Pile of today-dollars
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÷ shares
Implied price path
YearFCFImplied price
Sensitivity — fair value: growth ↓ × target return →