Fidelity Minnesota Municipal Income Fund (FIMIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.98
+0.01 (0.09%)
Dec 27, 2024, 8:01 PM EST
-1.52% (1Y)
| Fund Assets | 541.95M |
| Expense Ratio | 0.47% |
| Min. Investment | $0.00 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.64% |
| Dividend Growth | 14.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 6, 2024 |
| Previous Close | 10.97 |
| YTD Return | 0.26% |
| 1-Year Return | 0.55% |
| 5-Year Return | 1.53% |
| 52-Week Low | 10.85 |
| 52-Week High | 11.26 |
| Beta (5Y) | 0.86 |
| Holdings | 352 |
| Inception Date | Nov 21, 1985 |
About FIMIX
The fund normally invests at least 80% of its assets in investment-grade municipal securities whose interest is exempt from federal and Minnesota personal income taxes. It manages the fund to have similar overall interest rate risk to an index designed to represent Fidelity Management & Research Company's view of how the fund's competitive universe will perform over time. The fund allocates assets across different market sectors and maturities. It is non-diversified.
Fund Family Fidelity
Category MN Municipal Debt
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FIMIX
Index Bloomberg Municipal Bond TR
Performance
FIMIX had a total return of 0.55% in the past year. Since the fund's inception, the average annual return has been 3.23%, including dividends.
Top 10 Holdings
15.19% of assets| Name | Symbol | Weight |
|---|---|---|
| MINNEAPOLIS MINN HEALTH CARE SYS REV 1.6% | MN MINMED 11.15.2048 | 2.79% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV 5% | MN MINMED 11.15.2053 | 2.25% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV 4% | MN MINMED 4 11.15.2040 | 1.61% |
| MINNESOTA ST 4% | MN MNS 4 09.01.2041 | 1.49% |
| MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4% | MN MGAUTL 12.01.2052 | 1.30% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5.25% | MN MINAPT 5.25 01.01.2049 | 1.26% |
| MINNESOTA ST HSG FIN AGY 6.25% | MN MNSHSG 6.25 01.01.2054 | 1.20% |
| ST CLOUD MINN HEALTH CARE REV 5% | MN SUDMED 5 05.01.2048 | 1.13% |
| MINNESOTA ST HIGHER ED FACS AUTH REV 5% | MN MNSHGR 5 03.01.2045 | 1.11% |
| MINNESOTA ST HSG FIN AGY 3.5% | MN MNSHSG 3.5 07.01.2050 | 1.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 6, 2024 | $0.001 | Dec 9, 2024 |
| Nov 29, 2024 | $0.02436 | Dec 2, 2024 |
| Oct 31, 2024 | $0.02535 | Nov 1, 2024 |
| Sep 30, 2024 | $0.02436 | Oct 1, 2024 |
| Aug 30, 2024 | $0.02495 | Sep 3, 2024 |
| Jul 31, 2024 | $0.02461 | Aug 1, 2024 |