FIQZX Performance — Fidelity Intermediate Municipal Income Fund, Class Z
Data updated: 2026-08-24
FIQZX returned +1.28% year to date and +5.57% over one year to Jun 2026. Annualised returns are +3.75% over 3 years and +1.37% over 5 years. Against its Intermediate Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $112, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 4.30% a year. In the 12 months to Jun 2026 the fund took in a net $183.8M, and assets reached $13.63B.
FIQZX Growth of $100
What $100 invested in Fidelity Intermediate Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | FIQZX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $112 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $107 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $115 | $112 |
FIQZX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.28% |
| 1 year | +5.57% |
| 3 years (annualised) | +3.75% |
| 5 years (annualised) | +1.37% |
FIQZX Annual Returns
Calendar-year total returns of Fidelity Intermediate Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.28% |
| 2025 | +5.08% |
| 2024 | +1.43% |
| 2023 | +5.56% |
| 2022 | −6.21% |
| 2021 | +1.19% |
| 2020 | +4.58% |
| 2019 (Jul–Dec) | +1.88% |
FIQZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.9% | +1.1% | −2.4% | +0.8% | +0.4% | +0.4% | — | — | — | — | — | — |
| 2025 | +0.5% | +0.9% | −1.3% | −0.4% | +0.2% | +0.8% | +0.2% | +0.8% | +1.7% | +0.9% | +0.2% | +0.3% |
| 2024 | −0.2% | +0.1% | 0.0% | −0.9% | −0.5% | +1.2% | +0.8% | +0.9% | +0.8% | −1.3% | +1.3% | −0.9% |
| 2023 | +2.3% | −1.8% | +1.9% | −0.2% | −0.9% | +0.7% | +0.3% | −0.8% | −2.0% | −0.7% | +4.6% | +2.1% |
| 2022 | −2.3% | −0.5% | −2.3% | −2.1% | +1.2% | −1.0% | +2.1% | −1.7% | −2.7% | −0.5% | +3.4% | +0.3% |
| 2021 | +0.6% | −1.3% | +0.4% | +0.7% | +0.3% | +0.2% | +0.6% | −0.2% | −0.7% | −0.2% | +0.6% | +0.1% |
| 2020 | +1.6% | +1.1% | −3.8% | −1.2% | +2.8% | +1.1% | +1.5% | −0.2% | 0.0% | −0.1% | +1.1% | +0.7% |
| 2019 | — | — | — | — | — | — | +0.8% | +1.2% | −0.7% | +0.2% | +0.1% | +0.3% |
FIQZX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.30%
- 3-year Sharpe ratio: -0.17 (vs 4.5% risk-free rate)
- Best month: +4.60% (Nov 2023)
- Worst month: −2.43% (Mar 2026)
FIQZX Fund Flows
Monthly money in and out of Fidelity Intermediate Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: $183.8M
- 12-month gross sales (incl. reinvestments): $3.6B
- Sales ÷ redemptions: 1.05×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $313.3M | $594.2M | −$280.9M |
| May 2026 | $350.8M | $717.7M | −$366.9M |
| Apr 2026 | $327.1M | $278.7M | $48.4M |
| Mar 2026 | $276.8M | $228.4M | $48.5M |
| Feb 2026 | $264.7M | $170.8M | $93.9M |
| Jan 2026 | $330.0M | $190.7M | $139.3M |
| Dec 2025 | $274.9M | $171.9M | $103.1M |
| Nov 2025 | $291.0M | $188.2M | $102.8M |
| Oct 2025 | $339.8M | $202.8M | $137.0M |
| Sep 2025 | $238.1M | $218.1M | $20.0M |
| Aug 2025 | $288.8M | $198.9M | $89.9M |
| Jul 2025 | $304.9M | $256.2M | $48.8M |
FIQZX Assets Under Management
Net assets of Fidelity Intermediate Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $13.63B |
| 2026-03-31 | $14.09B |
| 2025-12-31 | $13.97B |
| 2025-09-30 | $13.54B |
| 2025-06-30 | $13.12B |
| 2025-03-31 | $12.82B |
| 2024-12-31 | $12.11B |
| 2024-09-30 | $11.84B |
| 2024-06-30 | $11.49B |
| 2024-03-31 | $11.58B |
| 2023-12-31 | $11.51B |
| 2023-09-30 | $10.90B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.