FZITX Performance — Fidelity Intermediate Municipal Income Fund, Class M
Data updated: 2026-08-24
FZITX returned +1.10% year to date and +5.20% over one year to Jun 2026. Over one year the fund trailed its Intermediate Municipal Bond category average: $100 grew to $105, against $106 for the category. Volatility over the past 12 months was 3.48% a year. In the 12 months to Jun 2026 the fund took in a net $183.8M, and assets reached $13.63B.
FZITX 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 | FZITX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $49 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $17 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $7 | $112 |
FZITX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.10% |
| 1 year | +5.20% |
3- and 5-year figures withheld: returns differ from sibling classes.
FZITX 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) | +1.10% |
| 2025 | −3.46% |
| 2024 | −38.06% |
| 2023 | −35.54% |
| 2022 | −42.73% |
| 2021 | −38.19% |
| 2020 | −36.13% |
| 2019 (Jul–Dec) | −20.39% |
FZITX 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% | −2.5% | +0.8% | +0.4% | +0.4% | — | — | — | — | — | — |
| 2025 | −3.5% | −3.1% | −1.4% | −0.4% | +0.2% | +0.8% | +0.2% | +0.8% | +1.6% | +0.9% | +0.2% | +0.2% |
| 2024 | −4.2% | −3.9% | −4.0% | −4.9% | −4.5% | −2.9% | −3.2% | −3.1% | −3.2% | −5.3% | −2.8% | −4.9% |
| 2023 | −1.8% | −5.8% | −2.2% | −4.2% | −4.9% | −3.2% | −3.8% | −4.7% | −6.0% | −4.8% | +0.5% | −2.1% |
| 2022 | −6.2% | −4.5% | −6.3% | −6.0% | −2.8% | −5.0% | −2.1% | −5.7% | −6.7% | −4.5% | −0.6% | −3.8% |
| 2021 | −3.4% | −5.3% | −3.6% | −3.3% | −3.7% | −3.8% | −3.4% | −4.2% | −4.7% | −4.2% | −3.4% | −4.0% |
| 2020 | −2.5% | −3.0% | −7.6% | −5.2% | −1.3% | −2.9% | −2.6% | −4.2% | −4.0% | −4.1% | −3.0% | −3.3% |
| 2019 | — | — | — | — | — | — | −3.3% | −2.8% | −4.7% | −3.8% | −3.9% | −3.7% |
FZITX Risk
Risk measures from monthly returns over Jul 2025 – Jun 2026.
- 1-year volatility (annualised): 3.48%
- Best month: +1.61% (Sep 2025)
- Worst month: −2.47% (Mar 2026)
FZITX 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 |
FZITX 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.