Fidelity Advisor Municipal Income Fund - Class C (FKISX)
| Fund Assets | 4.70B |
| Expense Ratio | 1.50% |
| Min. Investment | $0.00 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 1.83% |
| Dividend Growth | 7.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2026 |
| Previous Close | 12.50 |
| YTD Return | 1.21% |
| 1-Year Return | 3.22% |
| 5-Year Return | 1.48% |
| 52-Week Low | 11.60 |
| 52-Week High | 12.54 |
| Beta (5Y) | n/a |
| Holdings | 1361 |
| Inception Date | Mar 1, 2018 |
About FKISX
Fidelity Advisor Municipal Income Fund – Class C is an open‑end municipal bond fund designed to deliver a high level of current income that is generally exempt from U.S. federal income tax. The portfolio normally invests at least 80% of assets in investment‑grade municipal securities issued by states, cities, and public authorities, emphasizing medium‑ to high‑quality bonds across sectors such as transportation, utilities, and essential services. Positioned in the Muni National Long category, the fund typically carries intermediate‑to‑long interest‑rate exposure, reflected in its medium credit quality and extensive rate sensitivity profile. Class C shares feature a level‑load structure with an expense ratio characteristic of this share class, and a $0 minimum initial investment aimed at accessibility through advisors. The strategy seeks diversified, tax‑advantaged income and broad state and sector allocation to help manage issuer concentration risk while maintaining exposure to the U.S. municipal market’s core segments. Managed by Fidelity, the fund plays a role for investors prioritizing federally tax‑exempt income within a professionally managed, nationally diversified municipal bond allocation.
Performance
FKISX had a total return of 3.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.68%.
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.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2026 | $0.01841 | Mar 1, 2026 |
| Jan 30, 2026 | $0.02048 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02168 | Jan 2, 2026 |
| Dec 5, 2025 | $0.001 | Dec 8, 2025 |
| Nov 30, 2025 | $0.02048 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0215 | Nov 1, 2025 |