FCMQX — Fidelity California Municipal Income Fund
Data updated: 2026-07-24
FCMQX — Fidelity California Municipal Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $1.87B AUM · 0.52% expense ratio · 5.6% 1-yr return. From SEC regulatory filings.
FCMQX Fund Overview
FCMQX — Fidelity California Municipal Income Fund is a US mutual fund managed by Fidelity California Municipal Trust, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity California Municipal Trust
- Category: Long Municipal - National Bond
- Assets under management: $1.87B
- 1-year return: 5.6%
- Ticker: FCMQX
- SEC CIK: 0000718891
- SEC series ID: S000005447
- Share class ID: C000014916
FCMQX Holdings
Top 10 holdings of Fidelity California Municipal Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Revere Street Trust | 2.37% |
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV | 1.42% |
| California Cmnty Choice Fing Auth Clean Energy Proj Rev | 1.06% |
| Southern Ca Pub Pwr Auth | 1.05% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 1.00% |
| California St | 0.98% |
| Central Valley Energy Authority | 0.92% |
| CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV | 0.90% |
| California Health Facs Fng Auth Rev | 0.90% |
| University Ca Revs | 0.90% |
FCMQX Portfolio Allocation
Asset-class allocation of Fidelity California Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 102.2% |
| Cash & Equivalents | 2.4% |
FCMQX Performance
Total returns for FCMQX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.2% |
| 1 year | 5.6% |
| 3 years (annualised) | 4.8% |
| 5 years (annualised) | 1.6% |
FCMQX Risk Information
Risk metrics for FCMQX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.9%
FCMQX Costs and Fees
FCMQX costs about $52 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.52%
- Gross expense ratio: 0.52%
- Portfolio turnover: 19%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FCMQX Cashflows
Over the 12 months to 2026-02, Fidelity California Municipal Income Fund had net inflows of $217.05M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $25.57M |
| 2026-01 | $9.97M |
| 2025-12 | $3.35M |
| 2025-11 | $2.77M |
| 2025-10 | $2.46M |
| 2025-09 | $5.61M |
FCMQX Debt Constituents
Largest debt holdings of Fidelity California Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| LOS ANGELES CA DEP WTR and PWR WTRWKS REV | 1.42% |
| California Cmnty Choice Fing Auth Clean Energy Proj Rev | 1.06% |
| Southern Ca Pub Pwr Auth | 1.05% |
| SAN FRANCISCO CA CITY and COUNTY AIRPORTS COMMISSION INTERNATIONAL AIRPORT REVENUE | 1.00% |
| California St | 0.98% |
| Central Valley Energy Authority | 0.92% |
| CALIFORNIA INFRASTRUCTURE and ECONNOMIC DEV BK REV | 0.90% |
| California Health Facs Fng Auth Rev | 0.90% |
| University Ca Revs | 0.90% |
| California Cmnty Choice Fing Auth Clean Energy Proj Rev | 0.89% |
FCMQX Prospectus and SEC Filings
Official Fidelity California Municipal Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.