Morningstar

Fidelity Minnesota Municipal Income Fund FIMIX

Morningstar Medalist Rating
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Medalist Rating as of See Fidelity Investment Hub
  • NAV / 1-Day Return $10.78  /  +0.94 %
  • Fund Size $575.3M
  • Adjusted Expense Ratio 0.470%
  • Net Expense Ratio 0.470%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Muni Minnesota
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 2.88%
  • Average Effective Duration 6.29 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FIMIX

Will FIMIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIMIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FIMIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FIMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Fidelity Minnesota Municipal Income holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
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Portfolio Holdings FIMIX

More FIMIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5.25%

2.22 13M
municipal

MINNEAPOLIS MINN HEALTH CARE SYS REV 5%

2.11 12M
municipal

MINNESOTA ST HSG FIN AGY 6%

1.88 11M
municipal

MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4%

1.21 7M
municipal

MINNEAPOLIS MINN SPL SCH DIST NO 001 5%

1.16 7M
municipal

MINNESOTA ST HSG FIN AGY 6%

1.12 7M
municipal

MINNESOTA ST HSG FIN AGY 6%

1.11 6M
municipal

MINNESOTA MUN GAS AGY GAS PROJ REV 5%

1.05 6M
municipal

MINNESOTA ST HIGHER ED FACS AUTH REV 5%

1.00 6M
municipal

MINNESOTA ST HSG FIN AGY 6.25%

0.96 6M
municipal

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