FAMYX: Fidelity Advisor® Municipal Inc 2025 I

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FAMYX Fidelity Advisor® Municipal Inc 2025 I


Profile

FAMYX - Profile

Vitals

  • YTD Return 1.8%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $27.8 M
  • Holdings in Top 10 21.5%

52 WEEK LOW AND HIGH

$10.59
$10.03
$10.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.40%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 1.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.06%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity® Municipal Income 2025 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    May 25, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kevin Ramundo

Fund Description

The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal income tax (but may be subject to the federal alternative minimum tax). It is non-diversified.


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Categories

Fund Company Quick Screens

FAMYX - Fund Company Quick Screens


Performance

FAMYX - Performance

Return Ranking - Trailing

Period FAMYX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.8% -2.2% 10.0% 65.03%
1 Yr 5.4% -3.0% 24.4% 52.00%
3 Yr N/A* -3.0% 5.8% N/A
5 Yr N/A* -2.9% 12.5% N/A
10 Yr N/A* -5.2% 3.9% N/A

* Annualized

Return Ranking - Calendar

Period FAMYX Return Category Return Low Category Return High Rank in Category (%)
2019 5.3% -1.7% 18.3% 30.65%
2018 -0.9% -11.7% 4.6% 14.22%
2017 N/A -4.4% 8.3% N/A
2016 N/A -7.8% 7.7% N/A
2015 N/A -18.3% 3.0% N/A

Total Return Ranking - Trailing

Period FAMYX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.8% -2.2% 10.0% 65.03%
1 Yr 5.4% -3.0% 24.4% 51.82%
3 Yr N/A* -3.0% 8.1% N/A
5 Yr N/A* -2.9% 12.5% N/A
10 Yr N/A* -1.3% 7.0% N/A

* Annualized

Total Return Ranking - Calendar

Period FAMYX Return Category Return Low Category Return High Rank in Category (%)
2019 5.3% -1.7% 18.3% 31.38%
2018 -0.9% -11.7% 6.5% 20.94%
2017 N/A -4.4% 10.4% N/A
2016 N/A -7.8% 10.7% N/A
2015 N/A -12.6% 4.2% N/A

NAV & Total Return History


Holdings

FAMYX - Holdings

Concentration Analysis

FAMYX Category Low Category High FAMYX % Rank
Net Assets 27.8 M 690 K 259 B 96.68%
Number of Holdings 123 1 17668 77.67%
Net Assets in Top 10 5.84 M -216 M 21.4 B 94.96%
Weighting of Top 10 21.47% 2.5% 100.0% 47.89%

Top 10 Holdings

  1. WISCONSIN ST 5% 3.75%
  2. WILL CNTY ILL CMNTY UNIT SCH DIST NO 365-U VY VIEW 0% 2.21%
  3. BROWARD CNTY FLA ARPT SYS REV 5% 2.18%
  4. MASSACHUSETTS ST PORT AUTH REV 5% 2.18%
  5. PORT SEATTLE WASH REV 5% 2.02%
  6. MAINE HEALTH & HIGHER EDL FACS AUTH REV 4% 1.92%
  7. LAKELAND FLA HOSP SYS REV 5% 1.88%
  8. PORT PORTLAND ORE ARPT REV 5% 1.83%
  9. CALIFORNIA MUN FIN AUTH REV 5% 1.77%
  10. CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% 1.74%

Asset Allocation

Weighting Return Low Return High FAMYX % Rank
Bonds
99.24% 80.02% 159.74% 28.44%
Cash
0.76% -59.74% 19.63% 66.81%
Stocks
0.00% -0.98% 25.43% 59.88%
Preferred Stocks
0.00% 0.00% 7.43% 63.99%
Other
0.00% -8.60% 31.85% 61.20%
Convertible Bonds
0.00% 0.00% 7.23% 76.13%

Bond Sector Breakdown

Weighting Return Low Return High FAMYX % Rank
Municipal
99.24% 0.00% 100.11% 19.61%
Cash & Equivalents
0.76% -29.57% 27.25% 75.06%
Derivative
0.00% -0.83% 22.35% 62.49%
Securitized
0.00% 0.00% 98.40% 80.67%
Corporate
0.00% 0.00% 99.62% 83.32%
Government
0.00% -2.21% 122.41% 82.49%

Bond Geographic Breakdown

Weighting Return Low Return High FAMYX % Rank
US
99.24% 58.28% 156.78% 16.22%
Non US
0.00% -12.35% 26.76% 92.03%

Expenses

FAMYX - Expenses

Operational Fees

FAMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% 0.01% 38.00% 89.89%
Management Fee 0.30% 0.00% 1.10% 25.80%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

FAMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

FAMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FAMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.00% 489.00% 21.64%

Distributions

FAMYX - Distributions

Dividend Yield Analysis

FAMYX Category Low Category High FAMYX % Rank
Dividend Yield 0.80% 0.00% 3.16% 18.36%

Dividend Distribution Analysis

FAMYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FAMYX Category Low Category High FAMYX % Rank
Net Income Ratio 2.06% 0.00% 6.30% 77.08%

Capital Gain Distribution Analysis

FAMYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FAMYX - Fund Manager Analysis

Managers

Kevin Ramundo


Start Date

Tenure

Tenure Rank

May 25, 2017

2.69

2.7%

Kevin Ramundo joined Fidelity Investments in 2000, Mr. Ramundo has worked as a research analyst and portfolio manager.

Cormac Cullen


Start Date

Tenure

Tenure Rank

May 25, 2017

2.69

2.7%

Mr. Cullen has worked as a research analyst and portfolio manager with Fidelity since 2010. Prior to assuming his current position, from 2007 to 2010, Mr. Cullen supported FIAM’s Fixed Income Division as senior legal counsel.

Elizah McLaughlin


Start Date

Tenure

Tenure Rank

Sep 01, 2018

1.42

1.4%

Since joining Fidelity Investments in 1997, Ms. McLaughlin has worked as an analyst and portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 33.19 7.42 0.08