Fidelity Advisor Municipal Income Z (FIWEX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.27
+0.03 (0.25%)
Oct 10, 2025, 4:00 PM EDT
0.25%
Fund Assets4.61B
Expense Ratio0.40%
Min. Investment$0.00
Turnover20.00%
Dividend (ttm)0.37
Dividend Yield3.03%
Dividend Growth2.29%
Payout FrequencyMonthly
Ex-Dividend DateSep 30, 2025
Previous Close12.24
YTD Return1.62%
1-Year Return0.99%
5-Year Return4.02%
52-Week Low11.61
52-Week High12.44
Beta (5Y)n/a
Holdings1421
Inception DateOct 2, 2018

About FIWEX

Fidelity Advisor Municipal Income Fund - Class Z is an open-end mutual fund specializing in the municipal bond sector. Its primary objective is to deliver a high level of current income that is exempt from federal income tax by investing at least 80% of its assets in investment-grade municipal securities. These holdings span a diverse range of issuers and maturities, supporting portfolio diversification and risk management. This fund plays a significant role for investors seeking tax-advantaged income, particularly those in higher federal tax brackets. With a portfolio consisting of over 1,300 bond holdings and a disciplined management approach, it offers access to a broad array of U.S. municipal markets, including state and local government debt for infrastructure and public projects. The fund is noted for its competitive expense ratio and institutional share class features, making it suitable for sophisticated investors or retirement plans. Its monthly distribution schedule and focus on capital preservation further underscore its utility in the fixed-income segment of the financial market.

Fund Family Fidelity
Category Muni National Long
Stock Exchange NASDAQ
Ticker Symbol FIWEX
Share Class Class Z
Index Bloomberg Municipal Bond TR

Performance

FIWEX had a total return of 0.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.36%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
VWLTXVanguardVanguard Long-Term Tax-Exempt0.17%
VWAHXVanguardVanguard High-Yield Tax-Exempt0.17%
SWHYXSchwabSchwab Opportunistic Municipal Bond0.50%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FROGXFidelity Advisor Municipal Income Fund: Class I0.51%
FLUVXFidelity Advisor Municipal Income Fund: Class M0.75%
FHUGXFidelity Advisor Municipal Income Fund: Class A0.76%
FKISXFidelity Advisor Municipal Income Fund: Class C1.50%

Top 10 Holdings

7.62% of assets
NameSymbolWeight
Fidelity Municipal Cash Centraln/a1.23%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%GA.MAIUTL 05.01.20540.85%
WASHINGTON ST 5%WA.WAS 5 08.01.20370.82%
SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%AL.SEEPWR 10.01.20550.78%
METROPOLITAN TRANSN AUTH N Y REV 4%NY.MTATRN 4 11.15.20460.75%
METROPOLITAN TRANSN AUTH N Y REV 5%NY.MTATRN 5 11.15.20340.69%
TENNESSEE ENERGY ACQUISITION CORP GAS REV 5%TN.TNSUTL 5 12.01.20350.67%
Cashn/a0.63%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%NY.NYSHGR 5 03.15.20410.62%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%CA.CCEDEV 10.01.20550.59%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 30, 2025$0.03123Oct 1, 2025
Aug 29, 2025$0.03153Sep 2, 2025
Jul 31, 2025$0.03245Aug 1, 2025
Jun 30, 2025$0.03081Jul 1, 2025
May 30, 2025$0.03172Jun 2, 2025
Apr 30, 2025$0.03094May 1, 2025
Full Dividend History