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Nasdaq - Delayed Quote USD

Fidelity Advisor California Muni Inc M (FCMTX)

12.24
+0.05
+(0.41%)
At close: April 4 at 8:00:41 PM EDT

Fund Summary

The fund normally invests at least 80% of assets in investment-grade 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.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 10.95%
Worst 1Y Total Return --
Number of Years Up 18
Number of Years Down 4

Performance & Risk

YTD Return 0.49%
5y Average Return 1.49%
Rank in Category (ytd) 26
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.98
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
FCMTXCategory AverageFCMTXCategory AverageFCMTXCategory Average
Alpha -0.16 -0.01 -0.26 -0 -0.35 0
BETA 0.98 0.01 0.98 0.01 1 0.01
Mean Annual Return 0.14 0 0.09 0 0.16 0
R-squared 98.89 0.95 98.79 0.95 98.73 0.94
Standard Deviation 7.18 0.05 6.3 0.05 5.18 0.05
Sharpe Ratio -0.4 0.01 -0.28 0 -0.01 0.01
Treynor Ratio -3.25 0.03 -1.99 0.02 -0.21 0.04

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