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Fidelity Advisor® NY Municipal Inc I FEMIX

Analyst rating as of
NAV / 1-Day Return
13.89  /  0.01 %
Total Assets
1.8 Bil
Adj. Expense Ratio
0.530%
Expense Ratio
0.530%
Fee Level
Average
Longest Manager Tenure
5.23 years
Category
Muni New York Long
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
2.13%
Effective Duration
6.20 years
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Morningstar’s Analysis

Will FEMIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A solid choice focused on the New York municipal market.

Senior Analyst

Summary

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While there's been some change, the team at the helm of Fidelity New York Municipal Income remains large and experienced. This combined with the strategy's consistent and distinctive approach should serve investors well and earn a Morningstar Analyst Rating of Silver or Bronze for its cheaper share classes, while its more expensive share classes earn a Neutral.

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