Fidelity Advisor California Municipal Income Fund - Class Z (FIJBX)
| Fund Assets | 1.77B |
| Expense Ratio | 0.40% |
| Min. Investment | $0.00 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 2.98% |
| Dividend Growth | 4.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.91 |
| YTD Return | -1.07% |
| 1-Year Return | -0.18% |
| 5-Year Return | -0.29% |
| 52-Week Low | 11.60 |
| 52-Week High | 12.48 |
| Beta (5Y) | n/a |
| Holdings | 711 |
| Inception Date | Oct 2, 2018 |
About FIJBX
Fidelity Advisor California Municipal Income Fund Class Z is a municipal bond mutual fund focused on generating a high level of current income that is exempt from both federal and California personal income taxes. This fund primarily invests at least 80% of its assets in investment-grade municipal securities issued by California state and local governments and their agencies, making it particularly relevant for investors seeking tax-efficient income within the state. Its portfolio is actively managed and diversified, holding hundreds of municipal debt instruments across various sectors in California. A notable feature of this fund is its low expense ratio among its share classes, coupled with a monthly dividend payout, which can appeal to those seeking regular, tax-free income streams. With a risk profile considered low and an average performance rating, the fund serves as a specialized tool for individuals, institutions, or entities that are sensitive to tax implications and wish to participate in California’s municipal bond market. Since its launch in 2018, the fund has played a role in supporting state infrastructure and public services through its investments, thereby linking investors to the broader fiscal health of California municipalities.
Performance
FIJBX had a total return of -0.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.85%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| 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% |
| FCMKX | Fidelity Advisor California Municipal Income Fund: Class C | 1.49% |
Top 10 Holdings
12.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Revere Street Trust - Fidelity Municipal Cash Central Fund | n/a | 2.21% |
| CALIFORNIA ST - CA ST 5% 4/1/2032 | CA.CAS 5 04.01.2032 | 1.89% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE - SAN FRAN ARPT 5% 5/1/46@ | CA.SFOAPT 5 05.01.2046 | 1.29% |
| CALIFORNIA ST - CA ST 5% 9/1/2034 | CA.CAS 5 09.01.2034 | 1.10% |
| CALIFORNIA ST - CALIFO ST 5% 9/1/2032 | CA.CAS 5 09.01.2032 | 1.04% |
| CALIFORNIA HEALTH FACS FNG AUTH REV - CALIFORNIA HLTH 5% MT | CA.CASMED 11.01.2054 | 0.96% |
| UNIVERSITY CA REVS - UNIV CAL REV 5% 5/15/2032 | CA.UNVHGR 5 05.15.2032 | 0.96% |
| BAY AREA TOLL AU CA BRIDGE REV - BATA CA 2% MT | CA.BAYTRN 04.01.2056 | 0.93% |
| CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV - CALIFORNIA INFR 1.2% MT | n/a | 0.92% |
| UNIVERSITY CA REVS - UNIV CAL REV 3% 5/15/51 | CA.UNVHGR 3 05.15.2051 | 0.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03161 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02974 | Jul 1, 2025 |
| May 30, 2025 | $0.03036 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02925 | May 1, 2025 |
| Mar 31, 2025 | $0.03015 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02662 | Mar 3, 2025 |