C
Fidelity Advisor California Municipal Income Fund - Class A FCMAX
NASDAQ
Recommendation
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Fund Information
Fund Type
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
0
Minimum Subsequent Investment
Front End Fee
4
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
Phone Exchange, Wire Redemption
Top Holdings
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Performance
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Company Information
Provider
Fidelity Investments
Manager/Tenure
(Years)
Cormac Cullen (9), Elizah McLaughlin (6), Michael Maka (5)
Address
Fidelity Investments
Boston MA - 2109
Country
United States
Phone Number
617-563-7000
Investment Strategy
The investment seeks a high level of current income, exempt from federal and California personal income taxes. The fund normally invests at least 80% of assets in municipal securities whose interest is exempt from federal and California personal income taxes. It potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. The fund allocates assets across different market sectors and maturities.