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Morningstar

Fidelity Advisor® Interm Muni Inc A FZIAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.72  /  0.10 %
  • Total Assets 11.2 Bil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.06%
  • Effective Duration 4.51 years

USD | NAV as of Sep 27, 2023 | 1-Day Return as of Sep 27, 2023, 10:12 PM GMT+0

Morningstar’s Analysis FZIAX

Will FZIAX outperform in 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 FZIAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FZIAX 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 FZIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Steadfast and risk-conscious.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

Fidelity Intermediate Municipal Income is managed by a capable and collaborative team that follows a consistent and distinctive approach. 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.

by Elizabeth Foos
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FZIAX

More FZIAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 2636
  • Other Holdings 24
  • % Assets in Top 10 Holdings 3.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Municipal Cash Central

5.49
621,040,956
Cash and Equivalents

CHANDLER ARIZ INDL DEV AUTH INDL DEV REV 5%

0.56
63,658,659
municipal

Cash Offsets For Shorts & Derivatives

0.53
60,321,872
Cash and Equivalents

LOWER ALA GAS DIST GAS PROJ REV 4%

0.38
43,447,685
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

0.38
43,278,700
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

0.36
41,126,282
municipal

TEXAS TRANSN COMMN 0.65%

0.35
40,075,118
municipal

METROPOLITAN PIER & EXPOSITION AUTH ILL REV 5%

0.35
39,151,355
municipal

WASHINGTON ST CONVENTION CTR PUB FACS DIST 4%

0.35
39,149,531
municipal

ILLINOIS DEV FIN AUTH SOLID WASTE DISP REV 4.4%

0.34
38,223,600
municipal