0000718891 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaLimitedTermTax-FreeBondFund-PROMember fmr:S000005448Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaLimitedTermTax-FreeBondFund-PROMember fmr:S000005448Member fmr:C000014849Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaLimitedTermTax-FreeBondFund-PROMember fmr:S000005448Member fmr:ReturnBeforeTaxesMember fmr:C000014849Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaLimitedTermTax-FreeBondFund-PROMember fmr:S000005448Member rr:AfterTaxesOnDistributionsMember fmr:C000014849Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaLimitedTermTax-FreeBondFund-PROMember fmr:S000005448Member rr:AfterTaxesOnDistributionsAndSalesMember fmr:C000014849Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaLimitedTermTax-FreeBondFund-PROMember fmr:S000005448Member fmr:IndexLB015Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaLimitedTermTax-FreeBondFund-PROMember fmr:S000005448Member fmr:IndexLB286Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:C000014912Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:ReturnBeforeTaxesMember fmr:C000014912Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member rr:AfterTaxesOnDistributionsMember fmr:C000014912Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member rr:AfterTaxesOnDistributionsAndSalesMember fmr:C000014912Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:C000014914Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:ReturnBeforeTaxesMember fmr:C000014914Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:C000014915Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:ReturnBeforeTaxesMember fmr:C000014915Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:C000014916Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:ReturnBeforeTaxesMember fmr:C000014916Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:C000205052Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:ReturnBeforeTaxesMember fmr:C000205052Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:IndexLB015Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-AMCIZPROMember fmr:S000005447Member fmr:IndexLB025Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-RetailPROMember fmr:S000005447Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-RetailPROMember fmr:S000005447Member fmr:C000014848Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-RetailPROMember fmr:S000005447Member fmr:ReturnBeforeTaxesMember fmr:C000014848Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-RetailPROMember fmr:S000005447Member rr:AfterTaxesOnDistributionsMember fmr:C000014848Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-RetailPROMember fmr:S000005447Member rr:AfterTaxesOnDistributionsAndSalesMember fmr:C000014848Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-RetailPROMember fmr:S000005447Member fmr:IndexLB015Member 2024-04-29 2024-04-29 0000718891 fmr:FidelityCaliforniaMunicipalIncomeFund-RetailPROMember fmr:S000005447Member fmr:IndexLB025Member 2024-04-29 2024-04-29 iso4217:USD pure 485BPOS 2024-02-29 false 0000718891 N-1A Fidelity California Municipal Trust Fund Summary Fund /Class: Fidelity® California Municipal Income Fund /Fidelity Advisor® California Municipal Income Fund A, M, C, I, Z   Investment Objective Fidelity® California Municipal Income Fund seeks a high level of current income, exempt from federal and California personal income taxes. Fee Table The following table describes the fees and expenses that may be incurred when you buy, hold, and sell shares of the fund. In addition to the fees and expenses described below, your broker may also require you to pay other fees, such as brokerage commissions on purchases and sales of certain classes of shares of the fund and other fees to financial intermediaries, which are not reflected in the tables and examples below. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $ 50,000 in the fund or certain other Fidelity ® funds. More information about these and other discounts is available from your investment professional and in the "Fund Distribution" section beginning on page 34 of the prospectus. Different intermediaries may provide additional waivers or reductions of the sales charge. Please see "Sales Charge Waiver Policies Applied by Certain Intermediaries" in the "Appendix" section of the prospectus. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $ 50,000 in the fund or certain other Fidelity ® funds. More information about these and other discounts is available from your investment professional and in the "Fund Distribution" section beginning on page 34 of the prospectus. 50000 Shareholder fees 0.0400 0.0400 0 0 0 0 0 0.0100 0 0 Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 0.75% and 0.25%, respectively. On Class C shares redeemed less than one year after purchase. Annual Operating Expenses 0.0050 0.0041 0.0048 0.0052 0.0039 0.0025 0.0025 0.0100 0 0 0.0001 0.0001 0.0001 0.0001 0.0001 0.0076 0.0067 0.0149 0.0053 0.0040 Adjusted to reflect current fees. This example helps compare the cost of investing in the fund with the cost of investing in other funds. Let's say, hypothetically, that the annual return for shares of the fund is 5% and that the fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares: 475 475 466 466 252 152 54 54 41 41 633 633 606 606 471 471 170 170 128 128 805 805 758 758 813 813 296 296 224 224 1305 1305 1201 1201 1582 1582 665 665 505 505 Portfolio Turnover The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 15 % of the average value of its portfolio. 0.15 Principal Investment Strategies Normally investing at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and California personal income taxes. Managing the fund to have similar overall interest rate risk to the supplemental index. Allocating assets across different market sectors and maturities. Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects. Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments. Principal Investment Risks Municipal Market Volatility. The municipal market is volatile and can be significantly affected by adverse tax, legislative, or political changes and the financial condition of the issuers of municipal securities. Interest Rate Changes. Interest rate increases can cause the price of a debt security to decrease. Geographic Concentration. Unfavorable political or economic conditions within California can affect the credit quality of issuers located in that state. Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a security to decrease. An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency .   You could lose money by investing in the fund. Unlike individual debt securities, which typically pay principal at maturity, the value of an investment in the fund will fluctuate. An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency .   You could lose money by investing in the fund. Performance The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the "Additional Index Information" section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. Visit institutional.fidelity.com for more recent performance information. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. Past performance (before and after taxes) is not an indication of future performance. institutional.fidelity.com Year-by-Year Returns The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown. The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown. 0.1021 0.0318 -0.0057 0.0552 0.0034 0.0725 0.0415 0.0142 -0.0917 0.0607    Highest Quarter Return 0.0718 2023-12-31    Lowest Quarter Return -0.0646 2022-03-31    Year-to-Date Return -0.0021 2024-03-31 Average Annual Returns Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement, such as an employee benefit plan (profit sharing, 401(k), or 403(b) plan). Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. Return Before Taxes 0.0183 0.0094 0.0229 Return After Taxes on Distributions 0.0183 0.0089 0.0225 Return After Taxes on Distributions and Sale of Fund Shares 0.0205 0.0123 0.0236 Return Before Taxes 0.0199 0.0103 0.0236 Return Before Taxes 0.0432 0.0101 0.0210 Return Before Taxes 0.0632 0.0201 0.0296 Return Before Taxes 0.0645 0.0213 0.0235 Bloomberg Municipal Bond Index 0.0640 0.0225 0.0303 Bloomberg California Enhanced Municipal Bond Index 0.0622 0.0226 0.0311 2018-10-02 Fund Summary Fund /Class: Fidelity® California Municipal Income Fund /Fidelity® California Municipal Income Fund   Investment Objective Fidelity® California Municipal Income Fund seeks a high level of current income, exempt from federal and California personal income taxes. Fee Table The following table describes the fees and expenses that may be incurred when you buy, hold, and sell shares of the fund. In addition to the fees and expenses described below, your broker may also require you to pay other fees, such as brokerage commissions on purchases and sales of certain classes of shares of the fund and other fees to financial intermediaries, which are not reflected in the tables and examples below. Shareholder fees 0 Annual Operating Expenses 0.0042 0 0.0001 0.0043 Adjusted to reflect current fees. This example helps compare the cost of investing in the fund with the cost of investing in other funds. Let's say, hypothetically, that the annual return for shares of the fund is 5% and that the fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: 44 138 241 542 Portfolio Turnover The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 15 % of the average value of its portfolio. 0.15 Principal Investment Strategies Normally investing at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and California personal income taxes. Managing the fund to have similar overall interest rate risk to the supplemental index. Allocating assets across different market sectors and maturities. Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects. Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments. Principal Investment Risks Municipal Market Volatility. The municipal market is volatile and can be significantly affected by adverse tax, legislative, or political changes and the financial condition of the issuers of municipal securities. Interest Rate Changes. Interest rate increases can cause the price of a debt security to decrease. Geographic Concentration. Unfavorable political or economic conditions within California can affect the credit quality of issuers located in that state. Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a security to decrease. An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency .   You could lose money by investing in the fund. Unlike individual debt securities, which typically pay principal at maturity, the value of an investment in the fund will fluctuate. An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency .   You could lose money by investing in the fund. Performance The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the "Additional Index Information" section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. Visit www.fidelity.com for more recent performance information. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. Past performance (before and after taxes) is not an indication of future performance. www.fidelity.com Year-by-Year Returns 0.1058 0.0353 -0.0016 0.0580 0.0067 0.0762 0.0450 0.0176 -0.0888 0.0651    Highest Quarter Return 0.0727 2023-12-31    Lowest Quarter Return -0.0639 2022-03-31    Year-to-Date Return -0.0021 2024-03-31 Average Annual Returns After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. Return Before Taxes 0.0651 0.0212 0.0306 Return After Taxes on Distributions 0.0651 0.0207 0.0303 Return After Taxes on Distributions and Sale of Fund Shares 0.0500 0.0223 0.0305 Bloomberg Municipal Bond Index 0.0640 0.0225 0.0303 Bloomberg California Enhanced Municipal Bond Index 0.0622 0.0226 0.0311 Fund Summary Fund: Fidelity® California Limited Term Tax-Free Bond Fund Investment Objective Fidelity® California Limited Term Tax-Free Bond Fund seeks a high level of current income, exempt from federal and California personal income taxes. Fee Table The following table describes the fees and expenses that may be incurred when you buy, hold, and sell shares of the fund. In addition to the fees and expenses described below, your broker may also require you to pay brokerage commissions on purchases and sales of the fund, which are not reflected in the table and example below. Shareholder fees 0 Annual Operating Expenses 0.0020 0 0.0010 0.0030 Adjusted to reflect current fees. This example helps compare the cost of investing in the fund with the cost of investing in other funds. Let's say, hypothetically, that the annual return for shares of the fund is 5% and that the fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated: 31 97 169 381 Portfolio Turnover The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 23 % of the average value of its portfolio. 0.23 Principal Investment Strategies Normally investing at least 80% of assets in investment-grade municipal debt securities whose interest is exempt from federal and California personal income taxes. Normally not investing 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. Managing the fund to have similar overall interest rate risk to the supplemental index. Normally maintaining a dollar-weighted average maturity between two and five years. Allocating assets across different market sectors and maturities. Potentially investing more than 25% of total assets in municipal securities that finance similar types of projects. Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments. Principal Investment Risks Municipal Market Volatility. The municipal market is volatile and can be significantly affected by adverse tax, legislative, or political changes and the financial condition of the issuers of municipal securities. Interest Rate Changes. Interest rate increases can cause the price of a debt security to decrease. Geographic Concentration. Unfavorable political or economic conditions within California can affect the credit quality of issuers located in that state. Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than, and can perform differently from, the market as a whole. A decline in the credit quality of an issuer or a provider of credit support or a maturity-shortening structure for a security can cause the price of a security to decrease. In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund. An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency .   You could lose money by investing in the fund. Unlike individual debt securities, which typically pay principal at maturity, the value of an investment in the fund will fluctuate. In addition, the fund is classified as non-diversified under the Investment Company Act of 1940 (1940 Act), which means that it has the ability to invest a greater portion of assets in securities of a smaller number of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a more diversified fund. An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency .   You could lose money by investing in the fund. Performance The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. The indexes have characteristics relevant to the fund's investment strategies. Index descriptions appear in the "Additional Index Information" section of the prospectus. Past performance (before and after taxes) is not an indication of future performance. Visit www.fidelity.com for more recent performance information. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index and an additional index over various periods of time. Past performance (before and after taxes) is not an indication of future performance. www.fidelity.com Year-by-Year Returns 0.0325 0.0170 -0.0046 0.0227 0.0126 0.0407 0.0293 0.0024 -0.0438 0.0351    Highest Quarter Return 0.0410 2023-12-31    Lowest Quarter Return -0.0408 2022-03-31    Year-to-Date Return -0.0021 2024-03-31 Average Annual Returns After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Return After Taxes on Distributions and Sale of Fund Shares may be higher than other returns for the same period due to a tax benefit of realizing a capital loss upon the sale of fund shares. Return Before Taxes 0.0351 0.0122 0.0141 Return After Taxes on Distributions 0.0351 0.0121 0.0140 Return After Taxes on Distributions and Sale of Fund Shares 0.0277 0.0129 0.0146 Bloomberg Municipal Bond Index 0.0640 0.0225 0.0303 Bloomberg California Enhanced Municipal 1-7 Year Non-AMT Index 0.0367 0.0137 0.0144 A Class A and Class M purchases of $1 million or more will not be subject to a front-end sales charge. Such Class A and Class M purchases may be subject, upon redemption, to a contingent deferred sales charge (CDSC) of 0.75% and 0.25%, respectively. B On Class C shares redeemed less than one year after purchase. A The management fee covers administrative services previously provided under separate services agreements with the fund, for which 0.18%, 0.09%, 0.15%, 0.19%, and 0.07% for Class A, Class M, Class C, Class I, and Class Z, respectively, was previously charged under the services agreements. B Adjusted to reflect current fees. A From October 2, 2018 . A The management fee covers administrative services previously provided under separate services agreements with the fund, for which 0.10% was previously charged under the services agreements. B Adjusted to reflect current fees. A Adjusted to reflect current fees.