Fidelity Advisor Municipal Income Z (FIWEX)

Fund Assets	5.44B
Expense Ratio	0.40%
Min. Investment	$0.00
Turnover	20.00%
Dividend (ttm)	0.39
Dividend Yield	3.20%
Dividend Growth	5.31%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	12.13
YTD Return	0.28%
1-Year Return	4.93%
5-Year Return	2.61%
52-Week Low	11.93
52-Week High	12.54
Beta (5Y)	n/a
Holdings	1382
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.

• Fund Family: Fidelity
• Category: Muni National Long
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FIWEX
• Share Class: Class Z
• Index: Bloomberg Municipal Bond TR

Performance

FIWEX had a total return of 4.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.60%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
VWLTX	Vanguard	Vanguard Long-Term Tax-Exempt Fund	0.17%
VWAHX	Vanguard	Vanguard High-Yield Tax-Exempt Fund	0.17%
SWHYX	Schwab	Schwab Opportunistic Municipal Bond	0.50%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FROGX	Fidelity Advisor Municipal Income Fund: Class I	0.50%
FHUGX	Fidelity Advisor Municipal Income Fund: Class A	0.75%
FLUVX	Fidelity Advisor Municipal Income Fund: Class M	0.75%
FKISX	Fidelity Advisor Municipal Income Fund: Class C	1.50%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03455	Aug 3, 2026
Jun 30, 2026	$0.03211	Jul 1, 2026
May 31, 2026	$0.03288	Jun 1, 2026
Apr 30, 2026	$0.03268	May 1, 2026
Mar 31, 2026	$0.03342	Apr 1, 2026
Feb 27, 2026	$0.02985	Mar 2, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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