Morningstar

Fidelity Advisor Limited Term Municipal Income Fund - Class Z FIWAX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FIWAX

Will FIWAX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIWAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FIWAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FIWAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A top pick for muni investors.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Fidelity Limited Term Municipal Income’s seasoned team applies a consistent and risk-aware process that has rewarded investors more than many muni national short Morningstar Category peers over the long haul.

by Tom Murphy
Rated on Published on

Unlock our full analysis with Morningstar Investor

Sponsor Center