Fidelity Minnesota Municipal Income Fund (FIMIX)
| Fund Assets | 589.74M |
| Expense Ratio | 0.47% |
| Min. Investment | $0.00 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.68% |
| Dividend Growth | 2.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 11.27 |
| YTD Return | 0.86% |
| 1-Year Return | 4.83% |
| 5-Year Return | 5.64% |
| 52-Week Low | 10.55 |
| 52-Week High | 11.40 |
| Beta (5Y) | 0.24 |
| Holdings | 403 |
| Inception Date | Nov 21, 1985 |
About FIMIX
Fidelity Minnesota Municipal Income Fund is a mutual fund that primarily invests in investment-grade municipal securities issued within Minnesota. Its primary goal is to provide a high level of current income that is exempt from both federal and Minnesota state personal income taxes. The fund maintains at least 80% of its assets in Minnesota municipal debt, selecting bonds across various sectors such as healthcare, public infrastructure, and housing. By focusing on tax-exempt income, the fund is especially relevant for Minnesota residents seeking tax-efficient cash flow. The portfolio is managed with a moderate level of credit quality and interest rate sensitivity, aiming to align its risk characteristics with a relevant municipal bond benchmark. With monthly income distributions, a diversified allocation among approximately 350 holdings, and a relatively low expense ratio compared to peers, the fund plays a specialized role in the municipal bond segment, serving investors interested in state-specific, tax-advantaged fixed income exposure.
Performance
FIMIX had a total return of 4.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02248 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02399 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02553 | Jan 2, 2026 |
| Dec 5, 2025 | $0.002 | Dec 8, 2025 |
| Nov 30, 2025 | $0.02524 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02547 | Nov 1, 2025 |