FIWEX

About FIWEX

Fidelity Advisor Municipal Income Fund - Class Z is an open-end mutual fund specializing in the municipal bond sector. Its primary objective is to deliver a high level of current income that is exempt from federal income tax by investing at least 80% of its assets in investment-grade municipal securities. These holdings span a diverse range of issuers and maturities, supporting portfolio diversification and risk management. This fund plays a significant role for investors seeking tax-advantaged income, particularly those in higher federal tax brackets. With a portfolio consisting of over 1,300 bond holdings and a disciplined management approach, it offers access to a broad array of U.S. municipal markets, including state and local government debt for infrastructure and public projects. The fund is noted for its competitive expense ratio and institutional share class features, making it suitable for sophisticated investors or retirement plans. Its monthly distribution schedule and focus on capital preservation further underscore its utility in the fixed-income segment of the financial market.