Fidelity Advisor Municipal Income M (FLUVX)

Fund Assets	5.17B
Expense Ratio	0.726%
Min. Investment	$0.00
Turnover	20.00%
Dividend (ttm)	0.35
Dividend Yield	2.97%
Dividend Growth	6.66%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	11.73
YTD Return	-2.88%
1-Year Return	-2.42%
5-Year Return	-1.02%
52-Week Low	11.45
52-Week High	12.55
Beta (5Y)	0.06
Holdings	1362
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.

• Fund Family: Fidelity
• Category: Muni National Long
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FLUVX
• Share Class: Class M
• Index: Bloomberg Municipal Bond TR

Performance

FLUVX had a total return of -2.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.73%.

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
FIWEX	Fidelity Advisor Municipal Income Fund: Class Z	0.40%
FROGX	Fidelity Advisor Municipal Income Fund: Class I	0.50%
FHUGX	Fidelity Advisor Municipal Income Fund: Class A	0.75%
FKISX	Fidelity Advisor Municipal Income Fund: Class C	1.50%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03059	Oct 1, 2026
Aug 31, 2026	$0.03129	Sep 1, 2026
Jul 31, 2026	$0.03099	Aug 3, 2026
Jun 30, 2026	$0.0285	Jul 1, 2026
May 31, 2026	$0.02931	Jun 1, 2026
Apr 30, 2026	$0.0291	May 1, 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:

Oct 23, 2026

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