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Fidelity Advisor California Muni Inc I FCMQX

Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 12.21  /  +0.01 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment
  • Status Open
  • TTM Yield 2.61%
  • Effective Duration 6.29 years

USD | NAV as of Feb 26, 2024 | 1-Day Return as of Feb 26, 2024, 11:14 PM GMT+0

Morningstar’s Analysis FCMQX

Will FCMQX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

This strategy has held up well in tough municipal markets.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

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.

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Portfolio Holdings FCMQX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 9.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Municipal Cash Central

5.43 90.8 Mil
Cash and Equivalents

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.39 23.3 Mil
municipal

UNIVERSITY CALIF REVS 3%

1.10 18.5 Mil
municipal

BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2%

0.95 15.9 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

0.92 15.3 Mil
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5%

0.86 14.4 Mil
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 4%

0.85 14.2 Mil
municipal

PALOMAR HEALTH CALIF REV 5%

0.79 13.3 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

0.78 13.1 Mil
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5%

0.77 12.9 Mil
municipal