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FTFMX Fidelity New York Municipal Income Forecast, Technical & Fundamental Analysis

The investment seeks a high level of current income, exempt from federal and New York State and City personal income taxes... Show more

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A.I.Advisor
published Highlights

Industry description

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.
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A.I. Advisor
published General Information

General Information

Category MuniNewYorkLong

Profile
Details
Category
Muni New York Long
Address
Fidelity New York Municipal Trust82 Devonshire StreetBoston
Phone
N/A
Web
www.institutional.fidelity.com
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FTFMX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FTFMX has been closely correlated with NYLIX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTFMX jumps, then NYLIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FTFMX
1D Price
Change %
FTFMX100%
N/A
NYLIX - FTFMX
97%
Closely correlated
N/A
OPNYX - FTFMX
97%
Closely correlated
N/A
MNYLX - FTFMX
97%
Closely correlated
N/A
VNYTX - FTFMX
96%
Closely correlated
N/A
VNYUX - FTFMX
96%
Closely correlated
N/A
More
Fidelity New York Municipal Income (FTFMX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com