SUPPLEMENT TO
FIDELITY'S TAX-FREE
BOND FUNDS
PROSPECTUS
DATED FEBRUARY 17, 1994
The following information
replaces the second paragraph
on page 19:
The interest from some
municipal securities is subject
to the federal alternative
minimum tax. Limited Term
Municipals does not currently
intend to purchase these
securities. Aggressive Tax-Free
may invest up to 20% of its
assets in these securities. High
Yield Tax-Free may invest so
that 20% of its income comes
from these securities.
Individuals who are subject to
the tax must report this interest
on their tax returns.
The following information
supplements the second
paragraph under the heading
"INVESTMENT PRINCIPLES" on
page 26:
If you are subject to the federal
alternative minimum tax, you
should note that up to 20% of
High Yield Tax-Free's income
may come from investments in
municipal securities issued to
finance private activities. The
interest from these investments
is a tax-preference item for
purposes of the tax.
SUPPLEMENT TO
FIDELITY'S TAX-FREE
BOND FUNDS
PROSPECTUS
DATED FEBRUARY 17, 1994
The following information
replaces the second paragraph
on page 19:
The interest from some
municipal securities is subject
to the federal alternative
minimum tax. Limited Term
Municipals does not currently
intend to purchase these
securities. Aggressive Tax-Free
may invest up to 20% of its
assets in these securities. High
Yield Tax-Free may invest so
that 20% of its income comes
from these securities.
Individuals who are subject to
the tax must report this interest
on their tax returns.
The following information
supplements the second
paragraph under the heading
"INVESTMENT PRINCIPLES" on
page 26:
If you are subject to the federal
alternative minimum tax, you
should note that up to 20% of
High Yield Tax-Free's income
may come from investments in
municipal securities issued to
finance private activities. The
interest from these investments
is a tax-preference item for
purposes of the tax.
MUB-94-1 March 10, 1994
MUB-94-1 March 10, 1994
