Fidelity Advisor Municipal Income M (FLUVX)
| Fund Assets | 4.41B |
| Expense Ratio | 0.75% |
| Min. Investment | $0.00 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.41% |
| Dividend Growth | 2.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 31, 2025 |
| Previous Close | 11.95 |
| YTD Return | -1.39% |
| 1-Year Return | -1.65% |
| 5-Year Return | -0.78% |
| 52-Week Low | 11.61 |
| 52-Week High | 12.50 |
| Beta (5Y) | n/a |
| Holdings | 1380 |
| Inception Date | Mar 1, 2018 |
About FLUVX
Fidelity Advisor Municipal Income Fund Class M is an open‑end municipal bond mutual fund focused on delivering a high level of current income that is exempt from federal income tax. The fund normally invests at least 80% of its assets in municipal securities, primarily in investment‑grade bonds spanning medium and high credit quality. It is managed within Fidelity’s fixed income platform, emphasizing diversified exposure across the U.S. tax‑exempt market and aligning with the municipal income category. The portfolio’s role is to provide tax‑efficient income for investors seeking federally tax‑exempt distributions, while maintaining credit discipline through a core allocation to higher‑quality issuers. Class M shares are one of several share classes offered for this strategy, providing access to the same underlying portfolio with a class‑specific fee structure. The fund’s market significance stems from its scale and established process in municipal security selection, serving investors who value income stability, tax efficiency, and broad participation in sectors such as general obligation, revenue, transportation, healthcare, and utilities within the municipal bond market.
Performance
FLUVX had a total return of -1.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.56%.
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
6.90% of assets| Name | Symbol | Weight |
|---|---|---|
| MAIN STR NAT GAS INC GA GAS SUPPLY REV - MAIN STR NAT GA 5% MT | GA.MAIUTL 05.01.2054 | 0.86% |
| WASHINGTON ST - WA ST 5% 8/1/2037 | n/a | 0.84% |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT - SOUTHEAST EN AL 5% MT | AL.SEEPWR 10.01.2055 | 0.79% |
| METROPOLITAN TRANSN AUTH NY RV - NY MTA TRANSP 4% 11/15/2046 | NY.MTATRN 4 11.15.2046 | 0.78% |
| METROPOLITAN TRANSN AUTH NY RV - NY MTA TRANSP 5% 11/15/2034 | NY.MTATRN 5 11.15.2034 | 0.71% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED - NEW YORK ST DO 5% 3/15/2041 | NY.NYSHGR 5 03.15.2041 | 0.64% |
| MTA HUDSON RAIL YARDS TR OBLIGS REV - MTA HUDSON RAIL NY 5% 11/15/56 | NY.MTAGEN 5 11.15.2056 | 0.61% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV - MAIN STR NAT GA(RCC) 5% 9/1/30MT 53 | GA.MAIUTL 09.01.2053 | 0.58% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV - MAIN STR NAT GA 4% MT | GA.MAIUTL 05.01.2052 | 0.54% |
| SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA - SOUTHEAST ENERG 4% MT | AL.SEEPWR 12.01.2051 | 0.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 31, 2025 | $0.02809 | Sep 1, 2025 |
| Jul 31, 2025 | $0.02901 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02736 | Jul 1, 2025 |
| May 30, 2025 | $0.02826 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0275 | May 1, 2025 |
| Mar 31, 2025 | $0.02804 | Apr 1, 2025 |