Fidelity Arizona Municipal Income Fund (FSAZX)
11.57
0.00 (0.00%)
USD |
Dec 19 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.55% | 122.48M | -- | 22.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -338321.0 | 4.41% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income, exempt from federal income tax and Arizona personal income tax. Under normal market and economic conditions, the Fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Arizona 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 | Other States Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Other States 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:
35
-4.507M
Peer Group Low
8.521M
Peer Group High
1 Year
% Rank:
26
-338321.0
-75.93M
Peer Group Low
56.49M
Peer Group High
3 Months
% Rank:
19
-18.74M
Peer Group Low
24.73M
Peer Group High
3 Years
% Rank:
55
-268.59M
Peer Group Low
74.16M
Peer Group High
6 Months
% Rank:
29
-45.34M
Peer Group Low
47.16M
Peer Group High
5 Years
% Rank:
56
-484.78M
Peer Group Low
176.01M
Peer Group High
YTD
% Rank:
25
-70.27M
Peer Group Low
55.96M
Peer Group High
10 Years
% Rank:
51
-595.40M
Peer Group Low
558.76M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 21, 2025.
Asset Allocation
As of October 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.54% |
| Stock | 0.00% |
| Bond | 99.10% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.64% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| MCALLISTER ACADEMIC VLG ARIZ LLC REV AZ 5.000 07/01/2038 | 3.18% | -- | -- |
| SALT VERDE FINL CORP GAS REV ARIZ AZ 5.500 12/01/2029 | 2.63% | 107.25 | -0.05% |
| SALT VERDE FINL CORP GAS REV ARIZ AZ 5.000 12/01/2037 | 2.61% | 107.67 | -0.00% |
| MARICOPA CNTY ARIZ UNI SCH DIST NO 48 SCOTTSDALE AZ 5.000 07/01/2033 | 2.55% | 103.14 | -0.02% |
| ARIZONA ST UNIV REVS AZ 5.000 07/01/2043 | 2.50% | -- | -- |
| CHANDLER ARIZ INDL DEV AUTH INDL DEV REV AZ 5.000 09/01/2052 | 2.50% | 101.96 | -0.01% |
| PIMA CNTY ARIZ INDL DEV AUTH REV AZ 4.000 04/01/2046 | 2.23% | 91.20 | 0.01% |
| PHOENIX ARIZ CIVIC IMPT CORP ARPT REV AZ 5.000 07/01/2035 | 2.04% | -- | -- |
| PHOENIX ARIZ CIVIC IMPT CORP DISTR REV AZ 5.500 07/01/2038 | 2.00% | -- | -- |
| MARICOPA CNTY ARIZ INDL DEV AUTH REV AZ 3.000 01/01/2049 | 1.85% | 72.20 | 0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.55% |
| 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 income tax and Arizona personal income tax. Under normal market and economic conditions, the Fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Arizona 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 | Other States Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Other States Municipal Debt Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-18-25) | 2.62% |
| 30-Day SEC Yield (11-30-25) | 2.97% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 132 |
| Bond | |
| Yield to Maturity (10-31-25) | 3.55% |
| Effective Duration | 6.41 |
| Average Coupon | 4.60% |
| Calculated Average Quality | 2.400 |
| Effective Maturity | 8.260 |
| Nominal Maturity | 13.51 |
| Number of Bond Holdings | 130 |
As of October 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 10/11/1994 |
| Last Annual Report Date | 8/31/2025 |
| Last Prospectus Date | 10/30/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FSAZX", "name") |
| Broad Asset Class: =YCI("M:FSAZX", "broad_asset_class") |
| Broad Category: =YCI("M:FSAZX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FSAZX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |