FTFMX : Fidelity® New York Municipal Income Fund

FTFMX is a Bond Market Municipal Bond with LOW fees.

FTFMX

Fidelity® New York Municipal Income Fund

FI Score

72 /100

Expense Ratio Rating

9 /10

Expense Rating

5 /10

Market Score

7 /10

Category Score

8 /10

Market Size

7 /10

72% FI Score
  • ftfmx
  • Mutual Fund
  • Bond
  • Municipal Bond

Fidelity® New York Municipal Income Fund

Expenses: 0.46% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why »

Fund Summary

The investment seeks a high level of current income, exempt from federal and New York State and City personal income taxes. The fund normally invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and New York State and City personal income taxes. It allocates assets across different market sectors and maturities. The fund potentially invests more than 25% of total assets in municipal securities that finance similar types of projects. It is non-diversified.

Largest Holdings

Amount Holding
1.96% METROPOLITAN TRANSN AUTH N Y REV 5%
1.88% NEW YORK LIBERTY DEV CORP LIBERTY REV 5.12%
1.59% NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 5%
1.37% NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
1.33% NASSAU CNTY N Y 5%
1.32% NEW YORK ST URBAN DEV CORP REV 5%
1.14% NEW YORK ST URBAN DEV CORP REV 5%
1.05% NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5%
1.03% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
1.03% HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 5%
0.96% NASSAU CNTY N Y 5%
0.95% METROPOLITAN TRANSN AUTH N Y REV 5%
0.95% NEW YORK ST ENVIRONMENTAL FACS CORP REV 5%
0.87% NEW YORK ST MTG AGY HOMEOWNER MTG REV 3.5%
0.87% METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5%
0.86% NEW YORK CONVENTION CTR DEV CORP N Y REV 5%
0.84% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
0.84% NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%
0.78% NEW YORK ST URBAN DEV CORP REV 5%
0.76% NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%
0.76% NEW YORK N Y 5%
0.76% TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5.25%
0.75% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
0.74% NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%
0.74% ONEIDA CNTY N Y LOC DEV CORP REV 4%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo