Fidelity Advisor Municipal Income I (FROGX)
| Fund Assets | 4.61B |
| Expense Ratio | 0.51% |
| Min. Investment | $0.00 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 2.94% |
| Dividend Growth | 2.82% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 12.23 |
| YTD Return | 1.17% |
| 1-Year Return | -0.05% |
| 5-Year Return | 2.87% |
| 52-Week Low | 11.60 |
| 52-Week High | 12.44 |
| Beta (5Y) | n/a |
| Holdings | 1421 |
| Inception Date | Mar 1, 2018 |
About FROGX
Fidelity Advisor Municipal Income Fund Class I is an actively managed mutual fund focused on the U.S. municipal bond market. Its primary objective is to deliver a high level of current income that is generally exempt from federal income tax, achieved by investing predominantly in investment‑grade general obligation and revenue-backed municipal securities across the yield curve. The strategy emphasizes fundamental credit research, disciplined yield‑curve positioning, and careful evaluation of each bond’s structural features, while targeting interest‑rate sensitivity close to its benchmark to avoid macro rate bets. The fund employs a total‑return approach that balances tax‑exempt income generation with capital preservation, supported by a dedicated municipal research team. It distributes income monthly and typically maintains broad diversification across sectors such as transportation, healthcare, education, and tobacco settlement bonds within the national muni market. With an expense ratio around the institutional share class level and a low minimum, it is positioned for tax‑sensitive investors seeking diversified municipal exposure through a research-driven process.
Performance
FROGX had a total return of -0.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.08%.
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
7.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Municipal Cash Central | n/a | 1.23% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 05.01.2054 | 0.85% |
| WASHINGTON ST 5% | WA.WAS 5 08.01.2037 | 0.82% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% | AL.SEEPWR 10.01.2055 | 0.78% |
| METROPOLITAN TRANSN AUTH N Y REV 4% | NY.MTATRN 4 11.15.2046 | 0.75% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 5 11.15.2034 | 0.69% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | TN.TNSUTL 5 12.01.2035 | 0.67% |
| Cash | n/a | 0.63% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | NY.NYSHGR 5 03.15.2041 | 0.62% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 10.01.2055 | 0.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03019 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03057 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0314 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02975 | Jul 1, 2025 |
| May 30, 2025 | $0.03064 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02988 | May 1, 2025 |