Fidelity Advisor California Muni Inc C (FCMKX)
| Fund Assets | 1.81B |
| Expense Ratio | 1.49% |
| Min. Investment | $0.00 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 1.86% |
| Dividend Growth | 7.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 12.28 |
| YTD Return | 1.80% |
| 1-Year Return | 1.02% |
| 5-Year Return | -1.07% |
| 52-Week Low | 11.57 |
| 52-Week High | 12.42 |
| Beta (5Y) | n/a |
| Holdings | 738 |
| Inception Date | Aug 1, 2002 |
About FCMKX
Fidelity Advisor California Municipal Income Fund Class C is an actively managed municipal bond mutual fund focused on generating a high level of current income that is exempt from federal and California personal income taxes. The portfolio normally invests at least 80% of assets in investment‑grade California municipal securities and may use transactions that have a leveraging effect to pursue its income objective. Positioned in the Muni California Long category, it typically holds bonds with longer durations or maturities, reflecting exposure to interest‑rate dynamics common to long‑term municipal debt. The fund emphasizes high‑quality credit, with a sizable allocation to AA and A rated issuers, and minimal exposure below investment grade, aligning with its tax‑exempt income mandate. As a California‑specific offering, it channels capital to state and local projects such as infrastructure, education, and public services, contributing to municipal market financing while providing a dedicated vehicle for tax‑advantaged income within a diversified fixed income allocation.
Performance
FCMKX had a total return of 1.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.86%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FIJBX | Fidelity Advisor California Municipal Income Fund: Class Z | 0.40% |
| FCMQX | Fidelity Advisor California Municipal Income Fund: Class I | 0.53% |
| FCMTX | Fidelity Advisor California Municipal Income Fund: Class M | 0.67% |
| FCMAX | Fidelity Advisor California Municipal Income Fund: Class A | 0.76% |
Top 10 Holdings
10.21% of assets| Name | Symbol | Weight |
|---|---|---|
| Los Angeles Calif Dept Wtr & P Sys Bds 5% | CA.LOSUTL 5 01.01.2030 | 1.53% |
| Fidelity Municipal Cash Central | n/a | 1.14% |
| CALIFORNIA ST 5% | CA.CAS 5 09.01.2032 | 1.05% |
| UNIVERSITY CALIF REVS 5% | CA.UNVHGR 5 05.15.2032 | 0.98% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA.CASMED 11.01.2054 | 0.98% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.2% | CA.CASDEV 12.01.2050 | 0.93% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 0.91% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 10.01.2055 | 0.90% |
| UNIVERSITY CALIF REVS 3% | CA.UNVHGR 3 05.15.2051 | 0.89% |
| SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN WTR REV 5.25% | CA.SFOWTR 5.25 11.01.2055 | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.01997 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02207 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02074 | Aug 1, 2025 |
| Jun 30, 2025 | $0.01889 | Jul 1, 2025 |
| May 30, 2025 | $0.01948 | Jun 2, 2025 |
| Apr 30, 2025 | $0.01841 | May 1, 2025 |