Fidelity Advisor Interm Muni Inc Z (FIQZX) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.75: the stock has moved about 25% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerFidelity Advisor Interm Muni Inc Z (FIQZX) trades at $9.76. Fidelity Advisor Interm Muni Inc Z is a mutual fund that invests primarily in investment-grade municipal securities exempt from federal income tax. Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for FIQZX: FIQZX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Fidelity Advisor Interm Muni Inc Z (FIQZX) Financial Services Profile
Fidelity Advisor Interm Muni Inc Z is a municipal bond fund focusing on investment-grade securities with tax-exempt interest, managing assets across diverse sectors and maturities. With a substantial $14.44 billion market cap and a beta of 0.75, the fund caters to investors seeking stable income within the municipal bond market.
What Is the Investment Thesis for FIQZX?
Fidelity Advisor Interm Muni Inc Z presents a compelling option for investors seeking tax-exempt income through municipal bonds. With a $14.44 billion market capitalization, the fund offers stability and diversification within the municipal bond market. The fund's investment strategy, focusing on investment-grade securities with maturities between three and ten years, aims to balance income generation with moderate interest rate risk. Key value drivers include the fund's ability to generate tax-exempt income and its diversification across various municipal sectors. Ongoing catalysts include continued demand for tax-advantaged investment options and potential infrastructure spending initiatives that could boost the municipal bond market. Potential risks include interest rate fluctuations and credit risk associated with municipal bonds.
Based on FMP financials and quantitative analysis
FIQZX Key Highlights
The fund invests at least 80% of its assets in investment-grade municipal securities, ensuring a focus on credit quality.
- The fund maintains a dollar-weighted average maturity between three and 10 years, balancing income generation with moderate interest rate risk.
- The fund allocates assets across different market sectors, providing diversification within the municipal bond market.
- The fund invests more than 25% of total assets in municipal securities that finance similar types of projects, promoting sector-specific diversification.
- The fund's beta of 0.75 indicates lower volatility compared to the overall market, appealing to risk-averse investors.
Who Are FIQZX's Competitors?
FIQZX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| VTEB Vanguard Tax-Exempt Bond ETF | $47.17 | -0.16% | $46.4B | — |
| MUB iShares National Muni Bond ETF | $100.88 | -0.08% | $43.9B | — |
| BWX SPDR Bloomberg International Treasury Bond ETF | $21.15 | +0.38% | $1.31B | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 56 5-pillar |
| BAM Brookfield Asset Management | $44.85 | +0.65% | $71.6B | 57 5-pillar |
| AMP Ameriprise Financial, Inc. | $493.62 | +0.55% | $44.4B | 77 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FIQZX's Key Strengths?
Strong brand and reputation of Fidelity Investments.
- Experienced investment team with expertise in municipal bonds.
- Diversified portfolio of investment-grade municipal securities.
- Tax-exempt income generation for investors.
What Are FIQZX's Weaknesses?
Sensitivity to interest rate fluctuations.
- Credit risk associated with municipal bonds.
- Potential for underperformance compared to benchmark index.
- Reliance on the municipal bond market for investment opportunities.
What Are the Key Risks for FIQZX?
Rising interest rates could negatively impact bond values.
- Economic downturn could lead to credit downgrades or defaults on municipal bonds.
- Changes in tax laws could reduce the attractiveness of municipal bonds.
- Market volatility and uncertainty could impact investor sentiment and fund flows.
What Are FIQZX's Competitive Advantages?
- Established brand and reputation of Fidelity Investments.
- Extensive distribution network and access to investors.
- Experienced investment team with expertise in municipal bonds.
- Scale and resources to manage a large portfolio efficiently.
What Does FIQZX Do?
Fidelity Advisor Interm Muni Inc Z is a mutual fund managed by Fidelity Investments, a leading global asset manager. The fund specializes in investing in investment-grade municipal securities, aiming to provide investors with income that is exempt from federal income tax. Established as part of Fidelity's broader suite of investment products, the fund focuses on allocating assets across different market sectors and maturities within the municipal bond market. The fund's strategy involves investing at least 80% of its assets in municipal securities that meet investment-grade criteria. Furthermore, it ensures that more than 25% of its total assets are invested in municipal securities that finance similar types of projects, promoting diversification within specific sectors. The fund maintains a dollar-weighted average maturity between three and ten years, seeking to balance income generation with moderate interest rate risk. Fidelity Investments, the parent company, has a long history of providing investment solutions to individuals and institutions, managing trillions of dollars in assets across various asset classes and investment styles. Fidelity's expertise and resources support the fund's investment process and risk management efforts.
What Products and Services Does FIQZX Offer?
- Invests primarily in investment-grade municipal securities.
- Seeks to provide income exempt from federal income tax.
- Allocates assets across different market sectors within the municipal bond market.
- Maintains a dollar-weighted average maturity between three and ten years.
- Invests more than 25% of total assets in municipal securities that finance similar types of projects.
- Manages a diversified portfolio of municipal bonds to mitigate risk.
How Does FIQZX Make Money?
- Generates income by investing in municipal bonds.
- Passes through tax-exempt interest income to investors.
- Charges a management fee for its services.
- Aims to outperform its benchmark index in the municipal bond market.
What Industry Does FIQZX Operate In?
Fidelity Advisor Interm Muni Inc Z operates within the asset management industry, specifically focusing on municipal bond funds. The municipal bond market is influenced by factors such as interest rates, credit quality, and tax policies. Demand for municipal bonds is driven by investors seeking tax-exempt income, particularly those in higher tax brackets. The competitive landscape includes other asset managers offering similar municipal bond funds, with differentiation based on factors such as expense ratios, investment strategies, and historical performance. The municipal bond market is expected to see continued growth, driven by infrastructure needs and demand for tax-advantaged investments.
Who Are FIQZX's Key Customers?
- Individual investors seeking tax-exempt income.
- High-net-worth individuals in high-tax states.
- Retirement savers looking for stable income.
- Financial advisors seeking municipal bond exposure for their clients.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
FIQZX Financials
Bull Case vs Bear Case
Bull Case
- Strong brand and reputation of Fidelity Investments.
- Experienced investment team with expertise in municipal bonds.
- Diversified portfolio of investment-grade municipal securities.
- Tax-exempt income generation for investors.
Bear Case
- Sensitivity to interest rate fluctuations.
- Credit risk associated with municipal bonds.
- Potential for underperformance compared to benchmark index.
- Reliance on the municipal bond market for investment opportunities.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FIQZX Latest News
No recent news available for FIQZX.
FIQZX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for FIQZX.
Price Targets
Wall Street price target analysis for FIQZX.
FIQZX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for FIQZX; grades run from A+ (80-100) to F (below 30).
FIQZX Financials Stock FAQ
What are the main risks for FIQZX?
The main risks for Fidelity Advisor Interm Muni Inc Z include interest rate risk, credit risk, and market risk. Interest rate risk refers to the potential for bond values to decline as interest rates rise. Credit risk is the risk that a municipal bond issuer may default on its obligations.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.