Fidelity Advisor NY Municipal Inc M (FNYPX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.19
+0.07 (0.58%)
Sep 8, 2025, 4:00 PM EDT
0.58%
Fund Assets1.24B
Expense Ratio0.71%
Min. Investment$0.00
Turnover13.00%
Dividend (ttm)0.32
Dividend Yield2.51%
Dividend Growth3.19%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close12.12
YTD Return-0.16%
1-Year Return-0.85%
5-Year Return0.06%
52-Week Low11.68
52-Week High12.62
Beta (5Y)n/a
Holdings399
Inception DateAug 1, 2002

About FNYPX

Fidelity Advisor New York Municipal Income Fund - Class M is an actively managed municipal bond mutual fund focused on generating a high level of current income that is exempt from federal and New York State and City personal income taxes. The portfolio normally invests at least 80% of assets in investment‑grade New York municipal securities, spanning general obligation and revenue bonds across longer durations typical of the New York muni long category. Its research-driven process emphasizes fundamental credit analysis, sector selection, and yield-curve positioning to balance income with capital preservation in a tax-advantaged framework. The fund plays a niche role for investors seeking state-specific tax efficiency, channeling capital to essential public finance sectors such as transportation, education, and urban development through New York issuers. Managed by Fidelity’s municipal team, the strategy has been applied consistently across share classes, with a track record reported through periodic fact sheets and category rankings that contextualize results versus municipal benchmarks. In the broader market, it contributes liquidity and credit diversification within the municipal ecosystem while aligning portfolio construction to New York’s revenue structures and policy dynamics.

Fund Family Fidelity
Category Muni New York Long
Stock Exchange NASDAQ
Ticker Symbol FNYPX
Share Class Class M
Index Bloomberg Municipal Bond TR

Performance

FNYPX had a total return of -0.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.28%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FIJAXFidelity Advisor New York Municipal Income Fund: Class Z0.41%
FEMIXFidelity Advisor New York Municipal Income Fund: Class I0.52%
FNMAXFidelity Advisor New York Municipal Income Fund: Class A0.75%
FNYCXFidelity Advisor New York Municipal Income Fund: Class C1.45%

Top 10 Holdings

13.28% of assets
NameSymbolWeight
Fidelity Municipal Cash Centraln/a2.62%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 0.05%NY.NYSHGR 5 03.15.20351.62%
NEW YORK N Y 0.05%NY.NYC 5 08.01.20471.59%
METROPOLITAN TRANSN AUTH N Y REV 0%NY.MTATRN 0 11.15.20321.14%
METROPOLITAN TRANSN AUTH N Y REV 0%NY.MTATRN 0 11.15.20291.13%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 0.05%NY.NYSHGR 5 03.15.20371.10%
LIBERTY N Y DEV CORP REV 0.0525%NY.LBTDEV 5.25 10.01.20351.06%
NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 0.05%NY.NYSHGR 5 03.15.20481.06%
NEW YORK N Y 0.05%NY.NYC 5 08.01.20301.03%
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 0.055%NY.NYCGEN 5.5 11.01.20510.93%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.02786Sep 2, 2025
Jul 31, 2025$0.02725Aug 1, 2025
Jun 30, 2025$0.02597Jul 1, 2025
May 30, 2025$0.02701Jun 2, 2025
Apr 30, 2025$0.02636May 1, 2025
Mar 31, 2025$0.02667Apr 1, 2025
Full Dividend History