Fidelity Advisor NY Municipal Inc A (FNMAX)
| Fund Assets | 1.24B |
| Expense Ratio | 0.75% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.47% |
| Dividend Growth | 3.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 11.99 |
| YTD Return | -1.41% |
| 1-Year Return | -2.10% |
| 5-Year Return | -1.56% |
| 52-Week Low | 11.67 |
| 52-Week High | 12.61 |
| Beta (5Y) | n/a |
| Holdings | 399 |
| Inception Date | Aug 1, 2002 |
About FNMAX
Fidelity Advisor New York Municipal Income Fund Class A is an actively managed municipal bond mutual fund focused on generating a high level of tax‑exempt income for New York residents. The portfolio primarily holds investment‑grade New York municipal securities, including general obligation and revenue bonds, with at least 80% of assets in interest that is exempt from federal and New York State and City income taxes. The fund distributes income monthly and maintains a risk profile aligned with intermediate‑to‑long municipal duration, reflecting its emphasis on diversified New York issuers such as transportation authorities and state‑supported revenue bonds. Key characteristics include a research‑driven approach to credit selection, yield‑curve positioning, and structural analysis, targeting competitive tax‑exempt income while preserving capital. With a long operating history and multiple share classes across the same strategy, the fund plays a role in the muni market by channeling capital to essential public projects in transportation, education, and urban development within New York.
Performance
FNMAX had a total return of -2.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.22%.
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 |
|---|---|---|
| Aug 29, 2025 | $0.02742 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02683 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02554 | Jul 1, 2025 |
| May 30, 2025 | $0.02659 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02595 | May 1, 2025 |
| Mar 31, 2025 | $0.02623 | Apr 1, 2025 |