Fidelity Minnesota Municipal Income Fund (FIMIX) Research
The fund primarily directs at least 80% of its capital towards investment-grade municipal securities, the income from which is free from both federal and Minnesota state personal income taxes. Its overall interest rate risk is managed to align with a proprietary index, specifically designed by Fidelity Management & Research Company to represent the anticipated performance of the fund's peer group over time. To manage risk and enhance potential returns, assets are strategically distributed across diverse market sectors and maturity schedules. It is important to note that the fund maintains a non-diversified status.
Market snapshot
- Symbol
- FIMIX
- Price
- $11.22
- Day change
- +0.09%
- Market cap
- $594.3M
- 52-week range
- 10.78-11.4
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Blackstone/GSO Strategic Credit Fund (BGB)
- Eaton Vance Short Duration Inflation-Protected Income Fund (EARRX)
- Fidelity Michigan Municipal Income Fund (FMHTX)
- Fidelity New Jersey Municipal Income Fund (FNJHX)
- Fidelity Ohio Municipal Income Fund (FOHFX)
- Fidelity Intermediate Government Income Fund (FSTGX)
- Nuveen New Jersey Quality Municipal Income Fund (NXJ)
- PIMCO California Municipal Income Fund (PCQ)
Open Fidelity Minnesota Municipal Income Fund (FIMIX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.