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Benchmark SP 500  1,652   12.77  Index Moved Up 0.78% United States ...


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Collecting data for FIMIX

Fidelity quote and profile

 
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11.73
  
FUND
0.00  No Change   0.00%  
Last 1 Month(s)
11.7211.93
 

Diversification Suggestion

Use Fidelity to protect against small markets fluctuations. The fund experiences stable pattern. Watch out for signals
Analyze Fidelity Minnesota M Trend or Check current 30 days Fidelity correlation with market (S&P 500)
1 Month Beta 0.03  
Highest Price:  
Lowest Price:  
11.93  
11.72  
May 20 2013 
June 12 2013 
As returns on market increase, Fidelity returns are expected to increase less than the market. However during bear market, the loss on holding Fidelity will be expected to be smaller as well.
Fidelity Minnesota Municipal Income Small BetaFidelity Minnesota M Beta Legend
FIMIX United States NASDAQ
Fidelity Minnesota Municipal Income
Fidelity Investments
Muni Minnesota
Benchmark S&P 500
Contact Number: 800. 544. 8544
Currency: USD - US Dollar
Traded on NASDAQ Stock Exchange
    
Number of Employees1
Net Asset559.06 M
Last Dividend Paid0.03
 United States Russel   1.23 % Macroaxis: change 1.23 Moved Up  
 
 United States SP 500   0.78 % Macroaxis: 0.78 Moved Up  
 
 United States NYSE   0.66 % Macroaxis: 0.66 Moved Up  
 
 thisGreen FIMIX FIMIX agains markets  0.00 % No Change  
Compare to Competition Alpha & Beta   Get Advice
    
Kevin Ramundo  Money Manager
Fund Manager since June 29, 2010
Since joining Fidelity Investments in 2000, Mr. Ramundo has worked as a research analyst and portfolio manager....
    

Fidelity Price and Market Media

The median price of Fidelity for the period between Sun, May 19, 2013 and Tue, Jun 18, 2013 is 11.83 with a coefficient of variation of 0.61. The daily time series for the period is distributed with a sample standard deviation of 0.07, arithmetic mean of 11.82, and mean deviation of 0.06. The Fund did not receive any noticable media coverage during the period.
Fidelity         SP 500
Price Growth (%)
 
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Fidelity Summary

Fidelity Minnesota Municipal Income [FIMIX] is traded in USA and was established in November 20, 1985. The fund is listed under Muni Minnesota category and is part of Fidelity Investments family. This fund currently has accumulated 559.06 M in assets under management (AUM) with minimum initial investment of 10 K. Fidelity Minnesota Municipal Income is currently producing year-to-date (YTD) return of 0.49% with the current yeild of 3.0%, while the total return for the last 3 years was 6.49%.

Fund Instrument Allocation for Fidelity

The fund invests most of its asset under management in bonds or other fixed income securities. .
Past Market
Over 30
Days
0
Out Of
100
 
Chance of
Less
Than
%
 
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Fidelity Research Report

Fidelity vs. Franklin

Correlation analysis and fundamentals comparison between Fidelity Minnesota M and Franklin MN TaxFree A

Fidelity Asset Under Management

Fidelity Minnesota Municipal Income is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Muni Minnesota category is currently estimated at about 8.13 Billion. Fidelity holds roughly 559.06 Million in net asset claiming about 7% of funds under Muni Minnesota category.

Fidelity Fundamentals

Ten Year Return vs Three Year Return
Holdings Turnover vs Net Asset
Ten Year Return vs Last Dividend Paid
Five Year Return vs Net Asset

Fidelity vs Competition

Fidelity vs. Franklin MN TaxFree Inc A
Fidelity vs. Franklin MN TaxFree Inc C
Fidelity vs. Franklin MN TaxFree Income Adv
Fidelity vs. Delaware TaxFree MN C
Fidelity vs. Delaware TaxFree MN B
Fidelity vs. Delaware TaxFree MN A
Fidelity vs. Columbia Minnesota TaxExempt C
Fidelity vs. Columbia Minnesota TaxExempt B

Fidelity June 18 2013 Opportunity Range

Downside Deviation0.1907
Information Ratio(0.05)
Maximum Drawdown0.3359
Value At Risk(0.25)

 
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