Fidelity Arizona Municipal Income Fund (FSAZX)

Fund Assets	133.69M
Expense Ratio	0.55%
Min. Investment	$0.00
Turnover	22.00%
Dividend (ttm)	0.32
Dividend Yield	2.90%
Dividend Growth	5.49%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.99
YTD Return	-3.35%
1-Year Return	-1.77%
5-Year Return	-0.40%
52-Week Low	10.82
52-Week High	11.75
Beta (5Y)	0.25
Holdings	147
Inception Date	Oct 11, 1994

About FSAZX

Fidelity Arizona Municipal Income Fund is an actively managed mutual fund focused on generating a high level of current income that is exempt from both federal and Arizona state income taxes. The fund primarily invests at least 80% of its assets in investment-grade municipal securities issued by Arizona entities, including state and local governments, agencies, and authorities. With a portfolio characterized by medium credit quality and moderate interest rate sensitivity, the fund seeks to balance income generation with risk management. Notable holdings include bonds backing essential public infrastructure, such as educational institutions, utilities, and civic improvement projects. This specialized focus supports Arizona’s public financing needs while providing investors with tax-advantaged income streams. As a single-state municipal bond fund, it serves investors looking for targeted, tax-exempt income aligned with Arizona’s economic and public sector developments. The fund’s cost structure is competitive relative to peers, and it maintains broad diversification within the municipal fixed income space, making it an important vehicle for residents or those with tax liabilities in Arizona seeking municipal bond exposure.

• Fund Family: Fidelity
• Category: Other States Muni
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: FSAZX
• Index: Bloomberg Municipal Bond TR

Performance

FSAZX had a total return of -1.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.03%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02786	Oct 1, 2026
Aug 31, 2026	$0.02862	Sep 1, 2026
Jul 31, 2026	$0.02818	Aug 3, 2026
Jun 30, 2026	$0.02593	Jul 1, 2026
May 31, 2026	$0.02692	Jun 1, 2026
Apr 30, 2026	$0.02602	May 1, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 6, 2026

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