FNKXX: Fidelity New York AMT Tax-Free Money Market Fund - MutualFunds.com

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Fidelity New York AMT Tax-Free MM I

FNKXX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 1.1%
  • 5 Yr Annualized Return 0.8%
  • Net Assets $1.94 B
  • Holdings in Top 10 27.6%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.25%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Compare FNKXX to Popular Tax-Free Money Market Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$1.00

0.00%

$17.15 B

0.00%

$0.00

0.00%

0.15%

$1.00

0.00%

$14.99 B

-

$0.01

0.15%

$1.00

0.00%

$13.21 B

0.00%

$0.00

0.00%

0.48%

$1.00

0.00%

$9.62 B

0.00%

$0.00

0.00%

0.64%

$1.00

0.00%

$5.95 B

0.00%

$0.00

0.00%

0.21%

FNKXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 0.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.25%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity New York AMT Tax-Free Money Market Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Apr 18, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

The fund normally invests in municipal money market securities. It invests at least 80% of assets in municipal securities whose interest is exempt from federal and New York State and City personal income taxes. The fund invests up to 20% of assets in municipal securities whose interest is subject to New York State and City personal income taxes. It invests more than 25% of total assets in municipal securities that finance similar types of projects.


FNKXX - Performance

Return Ranking - Trailing

Period FNKXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 59.70%
1 Yr 0.7% 0.0% 0.9% 10.40%
3 Yr 1.1%* 0.0% 1.5% 12.43%
5 Yr 0.8%* 0.0% 0.9% 9.70%
10 Yr 0.4%* 0.0% 0.5% 10.13%

* Annualized

Return Ranking - Calendar

Period FNKXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 59.79%
2018 N/A 0.0% 0.0% 77.64%
2017 N/A 0.0% 0.0% 77.35%
2016 N/A 0.0% 0.0% 77.44%
2015 N/A 0.0% 0.0% 77.78%

Total Return Ranking - Trailing

Period FNKXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 59.70%
1 Yr 0.7% -0.9% 0.9% 10.40%
3 Yr 1.1%* 0.0% 1.5% 12.43%
5 Yr 0.8%* 0.0% 0.9% 9.70%
10 Yr 0.4%* 0.0% 0.5% 10.13%

* Annualized

Total Return Ranking - Calendar

Period FNKXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 59.79%
2018 N/A 0.0% 0.0% 77.64%
2017 N/A 0.0% 0.0% 77.33%
2016 N/A 0.0% 0.0% 77.44%
2015 N/A 0.0% 0.0% 77.78%

NAV & Total Return History


FNKXX - Holdings

Concentration Analysis

FNKXX Category Low Category High FNKXX % Rank
Net Assets 1.94 B 25.7 M 17.1 B 23.79%
Number of Holdings 215 1 991 21.36%
Net Assets in Top 10 533 M 16.9 M 15 B 24.27%
Weighting of Top 10 27.61% 9.7% 100.0% 60.19%

Top 10 Holdings

  1. Fidelity Revere Str Tr 8.34%
  2. NEW YORK ST HSG FIN AGY REV 2.95%
  3. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 2.80%
  4. RBC MUN PRODS INC TR VARIOUS STS 2.62%
  5. TENDER OPT BD TR RCPTS / CTFS VAR STS 2.54%
  6. RBC MUN PRODS INC TR VARIOUS STS 2.06%
  7. NEW YORK ST HSG FIN AGY REV 2.03%
  8. RBC MUN PRODS INC TR VARIOUS STS 1.45%
  9. TENDER OPT BD TR RCPTS / CTFS VAR STS 1.43%
  10. NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 1.38%

Asset Allocation

Weighting Return Low Return High FNKXX % Rank
Bonds
85.02% 0.00% 100.00% 54.37%
Other
8.34% 0.00% 15.48% 4.85%
Cash
6.64% 0.00% 100.00% 80.10%
Stocks
0.00% 0.00% 0.00% 59.71%
Preferred Stocks
0.00% 0.00% 0.00% 59.71%
Convertible Bonds
0.00% 0.00% 0.00% 59.71%

Bond Sector Breakdown

Weighting Return Low Return High FNKXX % Rank
Municipal
92.76% 0.00% 100.00% 24.27%
Cash & Equivalents
7.24% 0.00% 100.00% 77.18%
Derivative
0.00% 0.00% 0.00% 59.71%
Securitized
0.00% 0.00% 0.00% 59.71%
Corporate
0.00% 0.00% 0.00% 59.71%
Government
0.00% 0.00% 32.00% 62.62%

Bond Geographic Breakdown

Weighting Return Low Return High FNKXX % Rank
US
85.02% 0.00% 100.00% 54.37%
Non US
0.00% 0.00% 1.49% 59.71%

FNKXX - Expenses

Operational Fees

FNKXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.25% 0.15% 1.67% 91.09%
Management Fee 0.20% 0.08% 0.50% 59.22%
12b-1 Fee N/A 0.00% 0.75% N/A
Administrative Fee N/A 0.03% 0.50% N/A

Sales Fees

FNKXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FNKXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FNKXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 16.00% 47.73%

FNKXX - Distributions

Dividend Yield Analysis

FNKXX Category Low Category High FNKXX % Rank
Dividend Yield 0.00% 0.00% 0.56% 60.19%

Dividend Distribution Analysis

FNKXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FNKXX Category Low Category High FNKXX % Rank
Net Income Ratio 1.25% 0.01% 2.15% 29.70%

Capital Gain Distribution Analysis

FNKXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

FNKXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Mar 01, 2006

14.59

14.6%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.58 32.45 13.46 13.6