Fidelity Advisor NY Municipal Inc I (FEMIX)
| Fund Assets | 1.22B |
| Expense Ratio | 0.52% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 2.83% |
| Dividend Growth | 3.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.97 |
| YTD Return | -1.91% |
| 1-Year Return | -1.82% |
| 5-Year Return | -1.71% |
| 52-Week Low | 11.67 |
| 52-Week High | 12.60 |
| Beta (5Y) | n/a |
| Holdings | 399 |
| Inception Date | Aug 1, 2002 |
About FEMIX
Fidelity Advisor New York Municipal Income Fund – Class I is an actively managed mutual fund specializing in investment-grade municipal debt securities issued by New York State and its municipalities. The fund’s primary purpose is to provide shareholders with a high level of current income that is generally exempt from federal, New York State, and New York City personal income taxes. It achieves this by maintaining at least 80% of its assets in securities whose interest is tax exempt, catering especially to investors seeking tax-advantaged income within New York. The portfolio primarily consists of municipal bonds with medium to high credit quality and features a relatively extensive interest rate sensitivity profile and a diversified selection of bonds—typically around 380 holdings. This structure supports both capital preservation and income generation. Managed by Fidelity Investments since its inception in 2002, the fund plays a significant role for individuals and institutions looking to access the New York municipal bond market in a cost-effective manner. Regular monthly income distributions and a low expense ratio further enhance its appeal for long-term, tax-conscious investors seeking stability and municipal market exposure through a professionally managed vehicle.
Performance
FEMIX had a total return of -1.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.48%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
13.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Municipal Cash Central | n/a | 2.62% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 0.05% | NY.NYSHGR 5 03.15.2035 | 1.62% |
| NEW YORK N Y 0.05% | NY.NYC 5 08.01.2047 | 1.59% |
| METROPOLITAN TRANSN AUTH N Y REV 0% | NY.MTATRN 0 11.15.2032 | 1.14% |
| METROPOLITAN TRANSN AUTH N Y REV 0% | NY.MTATRN 0 11.15.2029 | 1.13% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 0.05% | NY.NYSHGR 5 03.15.2037 | 1.10% |
| LIBERTY N Y DEV CORP REV 0.0525% | NY.LBTDEV 5.25 10.01.2035 | 1.06% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 0.05% | NY.NYSHGR 5 03.15.2048 | 1.06% |
| NEW YORK N Y 0.05% | NY.NYC 5 08.01.2030 | 1.03% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 0.055% | NY.NYCGEN 5.5 11.01.2051 | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0291 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0278 | Jul 1, 2025 |
| May 30, 2025 | $0.02888 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02822 | May 1, 2025 |
| Mar 31, 2025 | $0.02856 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02537 | Mar 3, 2025 |