Fidelity Municipal Income Fund (FIWEX)
| Fund Assets | 4.61B |
| Expense Ratio | 0.40% |
| Min. Investment | $0.00 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.01% |
| Dividend Growth | 2.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 12.36 |
| YTD Return | 2.37% |
| 1-Year Return | 2.64% |
| 5-Year Return | 4.70% |
| 52-Week Low | 11.61 |
| 52-Week High | 12.44 |
| Beta (5Y) | n/a |
| Holdings | 1421 |
| Inception Date | Oct 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.
Performance
FIWEX had a total return of 2.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.45%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
7.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Municipal Cash Central | n/a | 1.23% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 05.01.2054 | 0.85% |
| WASHINGTON ST 5% | WA.WAS 5 08.01.2037 | 0.82% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% | AL.SEEPWR 10.01.2055 | 0.78% |
| METROPOLITAN TRANSN AUTH N Y REV 4% | NY.MTATRN 4 11.15.2046 | 0.75% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2034 | 0.69% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | TN.TNSUTL 5 12.01.2035 | 0.67% |
| Cash | n/a | 0.63% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | NY.NYSHGR 5 03.15.2041 | 0.62% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 10.01.2055 | 0.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03123 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03153 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03245 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03081 | Jul 1, 2025 |
| May 30, 2025 | $0.03172 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03094 | May 1, 2025 |