Fidelity Advisor California Muni Income Fund I (FCMQX)
12.39
0.00 (0.00%)
USD |
Jan 02 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.53% | 1.834B | -- | 22.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 164.59M | 4.57% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income, exempt from federal and California personal income taxes. Under normal market conditions, the Fund will invest at least 80% of its assets in investment-grade municipal securities whose interest is exempt from federal and California personal income taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
32
-60.31M
Peer Group Low
232.48M
Peer Group High
1 Year
% Rank:
8
164.59M
-530.34M
Peer Group Low
1.207B
Peer Group High
3 Months
% Rank:
50
-105.53M
Peer Group Low
529.25M
Peer Group High
3 Years
% Rank:
83
-1.931B
Peer Group Low
1.738B
Peer Group High
6 Months
% Rank:
57
-131.30M
Peer Group Low
697.75M
Peer Group High
5 Years
% Rank:
85
-3.790B
Peer Group Low
1.975B
Peer Group High
YTD
% Rank:
--
--
Peer Group Low
--
Peer Group High
10 Years
% Rank:
78
-3.371B
Peer Group Low
3.010B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of January 05, 2026.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 2.00% |
| Stock | 0.00% |
| Bond | 98.45% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.45% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV CA 5.000 01/01/2030 | 1.47% | -- | -- |
|
FIDELITY MUNICIPAL CASH CENTRAL FUND
|
1.44% | -- | -- |
| CALIFORNIA ST CA 5.000 09/01/2032 | 1.02% | 115.37 | 0.01% |
| UNIVERSITY CALIF REVS CA 3.000 05/15/2051 | 0.94% | 75.30 | 0.01% |
| CALIFORNIA HEALTH FACS FING AUTH REV CA 5.000 11/01/2054 | 0.93% | 112.55 | 0.00% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV CA 1.200 12/01/2050 | 0.90% | -- | -- |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 11/01/2033 | 0.89% | -- | -- |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 02/01/2055 | 0.89% | 108.64 | -0.00% |
| SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN WTR REV CA 5.250 11/01/2055 | 0.88% | -- | -- |
| SOUTHERN CALIF PUB PWR AUTH SOUTHN TRANSMISSION SYS RENEWAL PROJ REV CA 5.250 07/01/2050 | 0.88% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.52% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income, exempt from federal and California personal income taxes. Under normal market conditions, the Fund will invest at least 80% of its assets in investment-grade municipal securities whose interest is exempt from federal and California personal income taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (1-2-26) | 2.84% |
| 30-Day SEC Yield (11-30-25) | 3.04% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 720 |
| Bond | |
| Yield to Maturity (10-31-25) | 3.64% |
| Effective Duration | 7.48 |
| Average Coupon | 4.59% |
| Calculated Average Quality | 2.479 |
| Effective Maturity | 11.43 |
| Nominal Maturity | 15.43 |
| Number of Bond Holdings | 718 |
As of October 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FCMQX", "name") |
| Broad Asset Class: =YCI("M:FCMQX", "broad_asset_class") |
| Broad Category: =YCI("M:FCMQX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FCMQX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |