Fidelity Minnesota Municipal Income Fund (FIMIX)
10.90
0.00 (0.00%)
USD |
Sep 04 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.47% | 585.34M | -- | 29.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 56.51M | 2.58% |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income exempt from federal income tax and Minnesota personal income tax. Under normal market and economic conditions, the Fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Minnesota personal income taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Minnesota Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Minnesota Municipal Debt Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
35
-51.80M
Peer Group Low
93.95M
Peer Group High
1 Year
% Rank:
18
56.51M
-60.13M
Peer Group Low
110.43M
Peer Group High
3 Months
% Rank:
52
-54.08M
Peer Group Low
91.58M
Peer Group High
3 Years
% Rank:
42
-257.23M
Peer Group Low
159.64M
Peer Group High
6 Months
% Rank:
32
-50.66M
Peer Group Low
106.27M
Peer Group High
5 Years
% Rank:
52
-523.26M
Peer Group Low
126.28M
Peer Group High
YTD
% Rank:
18
-42.31M
Peer Group Low
113.91M
Peer Group High
10 Years
% Rank:
41
-600.30M
Peer Group Low
361.92M
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 05, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 98.97% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.03% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV MN 5.250 01/01/2049 | 2.24% | 102.29 | -0.06% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV MN 5.000 11/15/2053 | 2.11% | 107.13 | 0.00% |
| MINNESOTA ST HSG FIN AGY MN 6.000 07/01/2056 | 1.88% | 108.46 | 0.00% |
| MINNESOTA AGRIC & ECONOMIC DEV BRD HEALTH CARE SYS REV MN 2.200 11/15/2065 | 1.46% | 100.00 | 0.00% |
| MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV MN 4.000 12/01/2052 | 1.21% | 101.36 | 0.00% |
| MINNEAPOLIS MINN SPL SCH DIST NO 001 MN 5.000 02/01/2030 | 1.16% | 106.98 | -0.05% |
| MINNESOTA ST HSG FIN AGY MN 6.000 07/01/2056 | 1.12% | 109.02 | 0.00% |
| MINNESOTA ST HSG FIN AGY MN 6.000 07/01/2056 | 1.11% | 107.77 | 0.00% |
| MINNESOTA MUN GAS AGY GAS PROJ REV MN 5.000 09/01/2035 | 1.05% | 101.98 | -0.07% |
| MINNESOTA ST HIGHER ED FACS AUTH REV MN 5.000 03/01/2045 | 1.01% | 103.29 | -0.06% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.45% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of current income exempt from federal income tax and Minnesota personal income tax. Under normal market and economic conditions, the Fund invests at least 80% of assets in investment-grade municipal securities whose interest is exempt from federal and Minnesota personal income taxes. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Minnesota Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Minnesota Municipal Debt Funds |
| Fund Owner Firm Name | Fidelity Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (9-4-26) | 2.76% |
| 30-Day SEC Yield (7-31-26) | 3.10% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 440 |
| Bond | |
| Yield to Maturity (6-30-26) | 3.56% |
| Effective Duration | 6.09 |
| Average Coupon | 4.13% |
| Calculated Average Quality | 2.183 |
| Effective Maturity | 11.56 |
| Nominal Maturity | 13.26 |
| Number of Bond Holdings | 439 |
As of June 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 11/21/1985 |
| Last Annual Report Date | 12/31/2025 |
| Last Prospectus Date | 2/28/2026 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FIMIX", "name") |
| Broad Asset Class: =YCI("M:FIMIX", "broad_asset_class") |
| Broad Category: =YCI("M:FIMIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FIMIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |