About FASUX
Fidelity Advisor Sustainable Intermediate Municipal Income Fund Class I is an actively managed municipal bond mutual fund focused on generating a high level of current income that is exempt from federal income tax while emphasizing capital preservation. The fund normally invests at least 80% of assets in investment‑grade municipal securities and applies an environmental, social, and governance framework that prioritizes bonds with positive ESG characteristics, including financing for areas such as education, healthcare, essential services, affordable housing, and clean infrastructure. Managed by a seasoned team, the strategy targets the intermediate segment of the municipal market, balancing interest-rate sensitivity with credit selection to pursue competitive risk‑adjusted returns. It offers monthly income distributions and maintains diversified exposure across states, sectors, and issuers typical of intermediate municipal portfolios. Within the municipal bond landscape, it is positioned for investors seeking federally tax‑exempt income through a sustainability‑aligned approach, complementing broader fixed income allocations with a focus on quality, intermediate duration, and transparent ESG use‑of‑proceeds analysis.
Fund Family Fidelity
Category Muni National Interm
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FASUX
Share Class Class I
Index Bloomberg 3-15 Y Municipal Bond TR
FASUX had a total return of -1.45% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.32%.
