Morningstar

Fidelity Advisor New York Municipal Income Fund - Class Z FIJAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 12.47  /  −0.16 %
  • Total Assets 1.3B
  • Adj. Expense Ratio
    0.420%
  • Expense Ratio 0.420%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.96%
  • Effective Duration 8.28 years

USD | NAV as of Jun 11, 2026 | 1-Day Return as of Jun 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FIJAX

Will FIJAX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIJAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FIJAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FIJAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A top pick for New York muni investors.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Fidelity New York Municipal Income’s seasoned team applies a consistent and risk-aware process that has historically offered investors a smoother ride than many muni New York long Morningstar Category peers.

by Tom Murphy
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Portfolio Holdings FIJAX

More FIJAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Municipal Cash Central

3.24 43M
Cash and Equivalents

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

1.48 20M
municipal

NEW YORK N Y 5%

1.47 19M
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.5%

1.44 19M
municipal

METROPOLITAN TRANSN AUTH N Y REV 0%

1.10 14M
municipal

NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

1.04 14M
municipal

Cash

1.03 14M
Cash and Equivalents

LIBERTY N Y DEV CORP REV 5.25%

0.99 13M
municipal

NEW YORK ENERGY FIN DEV CORP ENERGY SUPPLY REV 5%

0.94 12M
municipal

NEW YORK N Y 5%

0.93 12M
municipal

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