0001752724-24-096818.txt : 20240513 0001752724-24-096818.hdr.sgml : 20240513 20240513171318 ACCESSION NUMBER: 0001752724-24-096818 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240229 FILED AS OF DATE: 20240513 DATE AS OF CHANGE: 20240513 EFFECTIVENESS DATE: 20240513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY CALIFORNIA MUNICIPAL TRUST CENTRAL INDEX KEY: 0000718891 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-03725 FILM NUMBER: 24940281 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 617-563-7000 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY CALIFORNIA TAX FREE FUND DATE OF NAME CHANGE: 19900618 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY CALIFORNIA TAX EXEMPT MONEY MARKET TRUST DATE OF NAME CHANGE: 19840408 0000718891 S000005447 Fidelity California Municipal Income Fund C000014848 Fidelity California Municipal Income Fund FCTFX C000014912 Fidelity Advisor California Municipal Income Fund: Class A FCMAX C000014914 Fidelity Advisor California Municipal Income Fund: Class C FCMKX C000014915 Fidelity Advisor California Municipal Income Fund: Class M FCMTX C000014916 Fidelity Advisor California Municipal Income Fund: Class I FCMQX C000205052 Fidelity Advisor California Municipal Income Fund: Class Z FIJBX 0000718891 S000005448 Fidelity California Limited Term Tax-Free Bond Fund C000014849 Fidelity California Limited Term Tax-Free Bond Fund FCSTX N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0000718891 XXXXXXXX 811-03725 true false false N-1A S000005448 true S000005447 true Fidelity California Municipal Trust 811-03725 0000718891 OG5TD0IEISIU587N0981 245 Summer Street Boston 02210 US-MA US 1-800-FIDELITY Fidelity Service Company 245 Summer Street BOST 02210 1-800-FIDELITY Books and Records of the Fund as required to be maintained by the Investment Company Act N N N-1A 2 Y ELIZABETH S ACTON N/A N ROBERT W HELM N/A N CHRISTINE THOMPSON N/A Y JENNIFER TOOLIN MCAULIFFE N/A Y CAROL J ZIERHOFFER N/A N MARK A MURRAY N/A N ROBERT F GARTLAND 001367184 N LAURA M BISHOP N/A N ANN E DUNWOODY N/A N ABIGAIL JOHNSON 004340399 Y MICHAEL E KENNEALLY 004140099 N CHRISTOPHER GOUVEIA 007690152 ONE SPARTAN WAY MERRIMACK 03054-4300 XXXXXX N N N N N N Fidelity Distributors Company LLC 8-35097 000017507 N/A Y N PricewaterhouseCoopers LLP 238 5493002GVO7EO8RNNS37 N N N N N N N Fidelity California Limited Term Tax-Free Bond Fund S000005448 CGZRC0U3V82YN7YY6O28 N 1 0 0 N/A Y N N N N/A 0.00000000 0.00000000 Rule 12d1-1 (17 CFR 270.12d1-1) Rule 17e-1 (17 CFR 270.17e-1) Rule 18f-4 (17 CFR 270.18f-4) Rule 17a-7 (17 CFR 270.17a-7) Rule 32a-4 (17 CFR 270.32a-4) Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4)) Y Y N N Fidelity Management & Research Company LLC 801-7884 000108281 5493001Z012YSB2A0K51 N FMR Investment Management (UK) Limited 801-28773 000108273 549300DJ0TLKPO1HIS84 Y GB N Fidelity Management & Research (Japan) Limited 801-69571 000148239 549300FF7J6H5TZ22Y05 Y JP N Fidelity Management & Research (Hong Kong) Limited 801-69507 000148045 549300VLVPR60I312N68 Y HK N Fidelity Investments Institutional Operations Company LLC 084-01839 549300XVSM8LN3LQOK63 Y N N BLOOMBERG LP 549300B56MD0ZC402L06 N INTERCONTINENTAL EXCHANGE INC 5493000F4ZO33MV32P92 N REFINITIV US HOLDINGS INC 549300NF240HXJO7N016 N N BANK OF NEW YORK MELLON HPFHU0OQ28E4N0NFVK49 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) The Bank of New York Mellon HPFHU0OQ28E4N0NFVK49 N Y Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Fidelity Investments Institutional Operations Company LLC 549300XVSM8LN3LQOK63 Y N N Fidelity Service Company 549300LT256P1KNTYF28 Y N N 0.00000000 ROYAL BANK OF CANADA N/A N/A ES7IP3U3RHIGC71XBU11 CA 17685591.90000000 MORGAN STANLEY N/A N/A IGJSJL3JD5P30I6NJZ34 22836342.80000000 GOLDMAN SACHS GROUP INC (THE) N/A N/A 784F5XWPLTWKTBV3E584 22959585.50000000 BARCLAYS PLC N/A N/A 213800LBQA1Y9L22JB70 GB 61300944.00000000 SHANK WILLIAMS CISNEROS LLC N/A N/A N/A 8992485.45000000 JPMORGAN CHASE and CO N/A N/A 8I5DZWZKVSZI1NUHU748 45062451.00000000 JEFFERIES FINANCIAL GROUP INC N/A N/A 549300HOF34RGOJ5YL07 11994251.60000000 BANK OF AMERICA CORPORATION N/A N/A 9DJT3UXIJIZJI4WXO774 106734739.60000000 TRUIST FINANCIAL CORP N/A N/A 549300DRQQI75D2JP341 10780885.10000000 WELLS FARGO and CO N/A N/A PBLD0EJDB5FWOLXP3B76 6542455.55000000 336729614.80000000 N 536579504.00000000 Uncommitted 400000000.00000000 N Uncommitted 1500000000.00000000 N Uncommitted 500000000.00000000 N Committed 4250000000.00000000 N Uncommitted 500000000.00000000 N Uncommitted 25000000.00000000 N Uncommitted 150000000.00000000 N Uncommitted 300000000.00000000 N N N N Fidelity California Municipal Income Fund S000005447 80THHSISENINCWS7L232 N 6 0 0 N/A N N N N N/A 0.00000000 0.00000000 Rule 17e-1 (17 CFR 270.17e-1) Rule 12d1-1 (17 CFR 270.12d1-1) Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4)) Rule 18f-4 (17 CFR 270.18f-4) Rule 22d-1 (17 CFR 270.22d-1) Rule 17a-7 (17 CFR 270.17a-7) Rule 32a-4 (17 CFR 270.32a-4) Y Y N N Fidelity Management & Research Company LLC 801-7884 000108281 5493001Z012YSB2A0K51 N FMR Investment Management (UK) Limited 801-28773 000108273 549300DJ0TLKPO1HIS84 Y GB N Fidelity Management & Research (Hong Kong) Limited 801-69507 000148045 549300VLVPR60I312N68 Y HK N Fidelity Management & Research (Japan) Limited 801-69571 000148239 549300FF7J6H5TZ22Y05 Y JP N Fidelity Investments Institutional Operations Company LLC 084-01839 549300XVSM8LN3LQOK63 Y N N BLOOMBERG LP 549300B56MD0ZC402L06 N INTERCONTINENTAL EXCHANGE INC 5493000F4ZO33MV32P92 N N The Bank of New York Mellon HPFHU0OQ28E4N0NFVK49 N Y Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) BANK OF NEW YORK MELLON HPFHU0OQ28E4N0NFVK49 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Fidelity Investments Institutional Operations Company LLC 549300XVSM8LN3LQOK63 Y N N Fidelity Service Company 549300LT256P1KNTYF28 Y N N 0.00000000 TRUIST FINANCIAL CORP N/A N/A 549300DRQQI75D2JP341 23919697.20000000 BARCLAYS PLC N/A N/A 213800LBQA1Y9L22JB70 GB 55975516.60000000 MORGAN STANLEY N/A N/A IGJSJL3JD5P30I6NJZ34 148333185.05000000 JPMORGAN CHASE and CO N/A N/A 8I5DZWZKVSZI1NUHU748 217588585.35000000 CITIGROUP INC N/A N/A 6SHGI4ZSSLCXXQSBB395 18486466.87000000 RAYMOND JAMES FINANCIAL INC. N/A N/A RGUZHJ05YTITL6D76949 22018819.35000000 GREAT PACIFIC SECURITIES N/A N/A 254900QRZ90SUI8C4W84 21401235.00000000 WELLS FARGO and CO N/A N/A PBLD0EJDB5FWOLXP3B76 34812192.95000000 BANK OF AMERICA CORPORATION N/A N/A 9DJT3UXIJIZJI4WXO774 145243693.50000000 GOLDMAN SACHS GROUP INC (THE) N/A N/A 784F5XWPLTWKTBV3E584 16629588.80000000 833814535.47000000 N 1775888654.00000000 Uncommitted 1500000000.00000000 N Uncommitted 400000000.00000000 N Uncommitted 25000000.00000000 N Uncommitted 150000000.00000000 N Uncommitted 500000000.00000000 N Uncommitted 300000000.00000000 N Committed 4250000000.00000000 N Uncommitted 500000000.00000000 N N N N true INTERNAL CONTROL RPT 2 calimunicipal_icr1.htm Converted by EDGARwiz

Report of Independent Registered Public Accounting Firm


To the Board of Trustees of Fidelity California Municipal Trust and Shareholders of Fidelity California Limited Term Tax-Free Bond Fund and Fidelity California Municipal Income Fund


In planning and performing our audits of the financial statements of Fidelity California Limited Term Tax-Free Bond Fund and Fidelity California Municipal Income Fund (two of the funds constituting Fidelity California Municipal Trust, hereafter collectively referred to as the “Funds”) as of and for the year ended February 29, 2024, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds’ internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds’ internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds’ internal control over financial reporting.


The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.


Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.


A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.



Our consideration of the Funds’ internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds’ internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of February 29, 2024.


This report is intended solely for the information and use of the Board of Trustees of Fidelity California Municipal Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.


/s/ PricewaterhouseCoopers LLP


Boston, Massachusetts

April 10, 2024