Fidelity Minnesota Mutual Fund Money Managers
FIMIX Fund | USD 10.94 0.03 0.27% |
Break down of Fidelity Minnesota's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with Fidelity Minnesota's future under-performance.
Fidelity |
Symbol | FIMIX |
Name | Fidelity Minnesota Municipal |
Type | Mutual Fund |
Country | United States |
Exchange | NMFQS |
Information on Fidelity Minnesota Municipal Leadership is currently not available.
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Fidelity Minnesota Net Asset Comparison
Fidelity Minnesota Municipal is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of Muni Minnesota category is currently estimated at about 2.08 Billion. Fidelity Minnesota totals roughly 575.02 Million in net asset claiming about 28% of funds under Muni Minnesota category.
Fidelity Minnesota Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Fidelity Minnesota Price Series Summation is a cross summation of Fidelity Minnesota price series and its benchmark/peer.
About Fidelity Minnesota Management Performance
The success or failure of an entity such as Fidelity Minnesota often depends on how effective the management is. Fidelity Minnesota management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Fidelity management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Fidelity management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund normally invests at least 80 percent 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 Companys view of how the funds competitive universe will perform over time. The fund allocates assets across different market sectors and maturities. It is non-diversified.
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Fidelity Minnesota Annual Yield
In accordance with the recently published financial statements, Fidelity Minnesota Municipal has an Annual Yield of 0.0059%. This is 96.53% lower than that of the Fidelity Investments family and significantly higher than that of the Muni Minnesota category. The annual yield for all United States funds is notably lower than that of the firm.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.Other Information on Investing in Fidelity Mutual Fund
Fidelity Minnesota financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Minnesota security.
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