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Morningstar

Fidelity Advisor® NY Municipal Inc C FNYCX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 12.20  /  0.17 %
  • Total Assets 1.2 Bil
  • Adj. Expense Ratio
    1.480%
  • Expense Ratio 1.480%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 1.68%
  • Effective Duration 8.27 years

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 11:11 PM GMT+0

Morningstar’s Analysis FNYCX

Will FNYCX outperform in 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 FNYCX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FNYCX 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 FNYCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid choice for New York municipal investors.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

Fidelity New York Municipal Income is managed by a capable and collaborative team that follows a consistent and distinctive approach to the New York muni market. It has served investors well over the longer term, earning a Morningstar Analyst Rating of Bronze for the strategy's cheapest share classes, while its more expensive share classes are rated Neutral.

by Elizabeth Foos
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FNYCX

More FNYCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 364
  • Other Holdings 3
  • % Assets in Top 10 Holdings 14.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

METROPOLITAN TRANSN AUTH N Y REV 5%

2.82
31,685,782
municipal

NEW YORK N Y 5%

2.22
24,907,518
municipal

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

1.73
19,467,132
municipal

Fidelity Municipal Cash Central

1.58
17,735,000
Cash and Equivalents

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

1.33
14,968,713
municipal

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

1.12
12,628,447
municipal

LIBERTY N Y DEV CORP REV 5.25%

1.07
11,991,556
municipal

METROPOLITAN TRANSN AUTH N Y REV 0%

1.06
11,940,623
municipal

METROPOLITAN TRANSN AUTH N Y REV 0%

1.04
11,642,663
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

0.98
11,033,904
municipal