Fidelity Advisor New York Municipal Income Fund - Class I (FEMIX)
| Fund Assets | 1.32B |
| Expense Ratio | 0.53% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 2.85% |
| Dividend Growth | 5.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 31, 2026 |
| Previous Close | 12.51 |
| YTD Return | 1.85% |
| 1-Year Return | 7.48% |
| 5-Year Return | 3.20% |
| 52-Week Low | 11.84 |
| 52-Week High | 12.66 |
| Beta (5Y) | n/a |
| Holdings | 452 |
| 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 7.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.64%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 31, 2026 | $0.03091 | Jun 1, 2026 |
| Apr 30, 2026 | $0.03028 | May 1, 2026 |
| Mar 31, 2026 | $0.03091 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02757 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03036 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03064 | Jan 2, 2026 |