Fidelity New York Municipal Income (FTFMX)
Fidelity New York Municipal Income operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $12.34, up 0.08% on the session, giving a market capitalisation of $1.33B. Its beta of 1.10 implies it has historically moved more than the broad market.
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.
Fidelity New York Municipal Income is most often compared with the following Financial Services names: