Fidelity Advisor Interm Muni Inc I (FZIIX)
| Fund Assets | 13.54B |
| Expense Ratio | 0.44% |
| Min. Investment | $0.00 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.70% |
| Dividend Growth | 8.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.22 |
| YTD Return | 2.35% |
| 1-Year Return | 1.58% |
| 5-Year Return | 4.19% |
| 52-Week Low | 9.76 |
| 52-Week High | 10.27 |
| Beta (5Y) | n/a |
| Holdings | 3201 |
| Inception Date | Oct 31, 2005 |
About FZIIX
Fidelity Advisor Intermediate Municipal Income Fund – Class I is an actively managed municipal bond mutual fund focused on generating a high level of income that is generally exempt from federal income taxes while emphasizing capital preservation. The strategy primarily invests in investment‑grade general obligation and revenue bonds with a typical dollar‑weighted average maturity between three and ten years, aligning the portfolio’s interest‑rate sensitivity with intermediate benchmarks to limit undue duration risk. Management employs fundamental credit research, yield‑curve positioning, and careful analysis of bond structures within a diversified, national muni allocation. The fund follows a total‑return approach that balances tax‑exempt income and price appreciation, with risk controls that limit below‑investment‑grade exposure and monitor alternative minimum tax implications. As of June 30, 2025, the Class I share class reported a 30‑Day SEC yield around the low‑3% range and an effective duration a little over five years, reflecting its intermediate profile. The portfolio is broadly diversified across states and sectors, supporting its role as a core municipal allocation for tax‑sensitive investors seeking moderate interest‑rate risk and high credit quality.
Performance
FZIIX had a total return of 1.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.67%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FIQZX | Fidelity Advisor Intermediate Municipal Income Fund: Class Z | 0.31% |
| FZITX | Fidelity Advisor Intermediate Municipal Income Fund: Class M | 0.65% |
| FZIAX | Fidelity Advisor Intermediate Municipal Income Fund: Class A | 0.68% |
| FZICX | Fidelity Advisor Intermediate Municipal Income Fund: Class C | 1.41% |
Top 10 Holdings
5.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Municipal Cash Central | n/a | 2.16% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5.25% | AL.SEEPWR 03.01.2055 | 0.43% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | TN.TNSUTL 5 12.01.2035 | 0.42% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5% | AL.SEEPWR 10.01.2055 | 0.41% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 06.01.2055 | 0.38% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5.25% | KY.KYSPWR 06.01.2055 | 0.38% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 07.01.2052 | 0.38% |
| NEW MEXICO MUN ENERGY ACQUISITION AUTH GAS SUPPLY REV 5% | NM.NMSPWR 06.01.2054 | 0.36% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 0.36% |
| CENTRAL PLAINS ENERGY PROJ NEB GAS SUPPLY REV 5% | NE.CENPWR 08.01.2055 | 0.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02341 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02389 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02396 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02299 | Jul 1, 2025 |
| May 30, 2025 | $0.02327 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02307 | May 1, 2025 |