Fidelity New York Municipal Income Fund (FTFMX)
| Fund Assets | 1.33B |
| Expense Ratio | 0.44% |
| Min. Investment | $0.00 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 2.83% |
| Dividend Growth | 3.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 12.66 |
| YTD Return | 2.02% |
| 1-Year Return | 4.97% |
| 5-Year Return | 7.87% |
| 52-Week Low | 11.39 |
| 52-Week High | 12.67 |
| Beta (5Y) | n/a |
| Holdings | 441 |
| Inception Date | Jul 10, 1984 |
About FTFMX
Fidelity New York Municipal Income Fund is a tax-exempt municipal bond mutual fund that primarily invests in investment-grade securities issued by New York state and local governments, authorities, and related entities. Its primary objective is to provide investors with a high level of current income that is exempt from federal, New York State, and New York City personal income taxes—making it especially relevant for New York residents seeking tax-efficient income solutions. The fund maintains a portfolio with significant exposure to long-term New York municipal debt, spanning various market sectors such as public transportation, infrastructure, and education. With a professionally managed strategy, the fund typically allocates at least 80% of its assets to these high-quality municipal bonds, managing credit quality and interest rate risk. Its consistent, risk-conscious approach and relatively low expense ratio position it as a significant player within the New York municipal bond fund category, offering an important source of tax-advantaged income for individuals and institutions with ties to New York state and city.
Performance
FTFMX had a total return of 4.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.17%.
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 | $0.03122 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0315 | Jan 2, 2026 |
| Dec 5, 2025 | $0.001 | Dec 8, 2025 |
| Nov 30, 2025 | $0.03002 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0308 | Nov 1, 2025 |
| Sep 30, 2025 | $0.02971 | Oct 1, 2025 |