Fidelity New York Municipal Money Market Fund
FNYXX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Fidelity New York Municipal Money Market Fund (FNYXX) is a municipal money market mutual fund managed by Fidelity Investments that seeks a high level of current income exempt from federal income tax and New York State and City personal income taxes, while preserving capital and maintaining liquidity. The fund invests at least 80% of its assets in high-quality, short-term municipal securities issued by or on behalf of states, territories, possessions, and political subdivisions such as New York, including variable rate demand notes, municipal notes, commercial paper, and certificates of participation; it may invest up to 20% in municipal securities subject to New York State and City taxes and more than 25% in projects financing similar types of municipal activities, such as industrial development bonds or revenue notes. Headquartered in Boston, Massachusetts, where Fidelity Investments was founded in 1946, the fund itself was incepted on July 6, 1984, and primarily serves individual and institutional investors in New York seeking tax-advantaged, low-risk cash management solutions. It operates within the U.S. money market fund category, benchmarked against the U.S. Treasury Bill Auction Average 3-Month index, with share classes including Premium (FSNXX), Institutional (FNKXX), and others to accommodate varying investor needs. Recent updates include a March 2025 SEC N-CSR filing by Fidelity New York Municipal Trust II reflecting ongoing portfolio oversight and compliance amid fluctuating interest rates, alongside prospectus supplements filed in March 2025 addressing potential fee adjustments and liquidity provisions in response to regulatory changes in the money market sector.