Fidelity Advisor Municipal Income Fund - Class C (FKISX)
| Fund Assets | 4.41B |
| Expense Ratio | 1.50% |
| Min. Investment | $0.00 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 1.97% |
| Dividend Growth | 2.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.94 |
| YTD Return | -1.47% |
| 1-Year Return | -2.13% |
| 5-Year Return | -4.63% |
| 52-Week Low | 11.60 |
| 52-Week High | 12.49 |
| Beta (5Y) | n/a |
| Holdings | 1380 |
| 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 -2.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.89%.
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
6.93% of assets| Name | Symbol | Weight |
|---|---|---|
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 0.05% | GA.MAIUTL 05.01.2054 | 0.86% |
| WASHINGTON ST 0.05% | WA.WAS 5 08.01.2037 | 0.85% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 0.05% | AL.SEEPWR 10.01.2055 | 0.80% |
| METROPOLITAN TRANSN AUTH N Y REV 0.04% | NY.MTATRN 4 11.15.2046 | 0.78% |
| METROPOLITAN TRANSN AUTH N Y REV 0.05% | NY.MTATRN 5 11.15.2034 | 0.72% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 0.05% | NY.NYSHGR 5 03.15.2041 | 0.64% |
| MTA HUDSON RAIL YARDS TR OBLIGS REV 0.05% | NY.MTAGEN 5 11.15.2056 | 0.61% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 0.05% | GA.MAIUTL 09.01.2053 | 0.59% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 0.04% | GA.MAIUTL 05.01.2052 | 0.55% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 0.04% | AL.SEEPWR 12.01.2051 | 0.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02156 | Aug 1, 2025 |
| Jun 30, 2025 | $0.01992 | Jul 1, 2025 |
| May 30, 2025 | $0.02083 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02007 | May 1, 2025 |
| Mar 31, 2025 | $0.02042 | Apr 1, 2025 |
| Feb 28, 2025 | $0.01645 | Mar 3, 2025 |