Fidelity California Municipal Trust II Releases Semi-Annual Report

Fidelity California Municipal Trust II has issued its semi-annual shareholder report, providing an overview of the fund's performance and expenses for the period ending August 31, 2026. This report is crucial for investors as it outlines the fund's financial health and investment strategies, particularly in the municipal money market sector.

The report indicates that the fund, which is managed by Fidelity, remains focused on providing investors with stable returns through investments in municipal securities. The transparency offered in this report is part of Fidelity's commitment to keeping shareholders informed about their investments.

Fidelity California Municipal Trust II, identified by the Central Index Key (CIK) 0000878662, operates under the Investment Company Act and is based in Boston, Massachusetts. The fund's fiscal year ends on February 28, and the latest report reflects its performance for the first half of the fiscal year.

According to the filing, the fund reported total assets of approximately $6.92 billion as of August 31, 2026. The semi-annual report includes details on the fund's expense ratio, which is noted to be 0.42% for a hypothetical $10,000 investment, translating to $21 in costs over the reporting period.

The report also highlights the various classes of shares available to investors, including the Fidelity California Municipal Money Market Fund, which is designed to provide liquidity and capital preservation. The fund's focus on municipal securities positions it well within a competitive landscape of investment options.

Investors can access additional information about the fund and its performance through Fidelity's online resources or by contacting their customer service. This proactive communication approach reinforces Fidelity's dedication to transparency and shareholder engagement.

Looking ahead, Fidelity California Municipal Trust II is expected to continue providing updates on its performance and strategies through future filings. The next report will likely cover the second half of the fiscal year, further informing investors about the fund's trajectory and market positioning.