Fidelity Advisor New York Municipal Income Fund - Class A (FNMAX)
| Fund Assets | 1.33B |
| Expense Ratio | 0.75% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.42% |
| Dividend Growth | 4.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 13.19 |
| YTD Return | 2.07% |
| 1-Year Return | 4.61% |
| 5-Year Return | 5.70% |
| 52-Week Low | 11.90 |
| 52-Week High | 13.20 |
| Beta (5Y) | n/a |
| Holdings | 441 |
| 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 4.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.74%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02799 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02829 | Jan 2, 2026 |
| Dec 5, 2025 | $0.001 | Dec 8, 2025 |
| Nov 30, 2025 | $0.0268 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02758 | Nov 1, 2025 |
| Sep 30, 2025 | $0.02654 | Oct 1, 2025 |