FSAZX — Fidelity Arizona Municipal Income Fund
Data updated: 2026-07-24
FSAZX — Fidelity Arizona Municipal Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $127.26M AUM · 0.55% expense ratio · 6.6% 1-yr return. From SEC regulatory filings.
FSAZX Fund Overview
FSAZX — Fidelity Arizona Municipal Income Fund is a US mutual fund managed by Fidelity Union Street 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 Union Street Trust
- Category: Long Municipal - National Bond
- Assets under management: $127.26M
- 1-year return: 6.6%
- Ticker: FSAZX
- SEC CIK: 0000035330
- SEC series ID: S000007497
- Share class ID: C000020471
FSAZX Holdings
Top 10 holdings of Fidelity Arizona Municipal Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Mcallister Academic Vlg Az LLC | 3.03% |
| Salt Verde Finl Corp. Gas Rev Az | 2.51% |
| SALT RIVER PROJ AZ AGRIC and PWR | 2.50% |
| Scottsdale Az USD #48 | 2.42% |
| Arizona St Univ Revs | 2.42% |
| Salt Verde Finl Corp. Gas Rev Az | 2.41% |
| Chandler Az Indl Deve Auth Idr | 2.39% |
| Pima Cnty Az Indl Dev Auth Rev | 2.07% |
| Phoenix Az Cvc Imp Crp Apr Rev | 1.94% |
| Phoenix Ariz Civic Impt Corp. Distr Rev | 1.89% |
FSAZX Portfolio Allocation
Asset-class allocation of Fidelity Arizona Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 97.7% |
| Cash & Equivalents | 1.2% |
FSAZX Performance
Total returns for FSAZX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.1% |
| 1 year | 6.6% |
| 3 years (annualised) | 3.9% |
| 5 years (annualised) | 0.8% |
FSAZX Risk Information
Risk metrics for FSAZX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.6%
FSAZX Costs and Fees
FSAZX costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 0.55%
- Portfolio turnover: 22%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FSAZX Cashflows
Over the 12 months to 2026-02, Fidelity Arizona Municipal Income Fund had net inflows of $3.26M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $621.46K |
| 2026-01 | −$241.01K |
| 2025-12 | $1.44M |
| 2025-11 | $136.45K |
| 2025-10 | $1.61M |
| 2025-09 | $2.05M |
FSAZX Debt Constituents
Largest debt holdings of Fidelity Arizona Municipal Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Mcallister Academic Vlg Az LLC | 3.03% |
| Salt Verde Finl Corp. Gas Rev Az | 2.51% |
| SALT RIVER PROJ AZ AGRIC and PWR | 2.50% |
| Scottsdale Az USD #48 | 2.42% |
| Arizona St Univ Revs | 2.42% |
| Salt Verde Finl Corp. Gas Rev Az | 2.41% |
| Chandler Az Indl Deve Auth Idr | 2.39% |
| Pima Cnty Az Indl Dev Auth Rev | 2.07% |
| Phoenix Az Cvc Imp Crp Apr Rev | 1.94% |
| Phoenix Ariz Civic Impt Corp. Distr Rev | 1.89% |
FSAZX Prospectus and SEC Filings
Official Fidelity Arizona 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.