Fidelity California Municipal Income is managed by a capable and collaborative team that follows a consistent and distinctive approach to the California municipal bond market. It has served investors well over the longer term, earning a Morningstar Analyst Rating of Silver for the strategy's cheapest share classes, while its more expensive share classes earn Bronze and Neutral ratings.
Fidelity Advisor California Muni Inc M FCMTX
- NAV / 1-Day Return 12.22 / 0.00
- Total Assets 1.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.670%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Muni California Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 2.49%
- Effective Duration 6.27 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FCMTX
Will FCMTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Municipal Cash Central | 5.35 | 88.5 Mil | Cash and Equivalents |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 1.40 | 23.2 Mil | municipal |
UNIVERSITY CALIF REVS 3% | 1.08 | 17.9 Mil | municipal |
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2% | 0.95 | 15.8 Mil | municipal |
LOS ANGELES CALIF DEPT ARPTS REV 5% | 0.87 | 14.3 Mil | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 4% | 0.85 | 14.1 Mil | municipal |
PALOMAR HEALTH CALIF REV 5% | 0.80 | 13.2 Mil | municipal |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | 0.79 | 13.0 Mil | municipal |
CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV 4% | 0.76 | 12.5 Mil | municipal |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK LEASE REV 5% | 0.71 | 11.8 Mil | municipal |