FIMIX Performance — Fidelity Minnesota Municipal Income Fund
Data updated: 2026-08-24
FIMIX returned +1.41% year to date and +6.23% over one year to Jun 2026. Annualised returns are +3.61% over 3 years and +0.94% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $111, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 5.17% a year. In the 12 months to Jun 2026 the fund took in a net $56.8M, and assets reached $595.44M.
FIMIX Growth of $100
What $100 invested in Fidelity Minnesota Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | FIMIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $111 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $105 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $112 | $112 |
FIMIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.41% |
| 1 year | +6.23% |
| 3 years (annualised) | +3.61% |
| 5 years (annualised) | +0.94% |
FIMIX Annual Returns
Calendar-year total returns of Fidelity Minnesota Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.41% |
| 2025 | +4.83% |
| 2024 | +1.21% |
| 2023 | +5.02% |
| 2022 | −7.47% |
| 2021 | +0.70% |
| 2020 | +4.65% |
| 2019 (Jul–Dec) | +2.03% |
FIMIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | +1.3% | −2.7% | +1.1% | +0.4% | +0.6% | — | — | — | — | — | — |
| 2025 | +0.4% | +1.1% | −1.8% | −0.5% | +0.1% | +0.8% | 0.0% | +0.9% | +2.1% | +1.1% | +0.3% | +0.3% |
| 2024 | −0.1% | +0.1% | −0.1% | −1.2% | −0.4% | +1.6% | +0.8% | +0.9% | +1.0% | −1.4% | +1.3% | −1.2% |
| 2023 | +2.3% | −2.0% | +1.8% | −0.2% | −0.9% | +0.7% | +0.3% | −1.1% | −2.5% | −1.1% | +5.8% | +2.1% |
| 2022 | −2.4% | −0.5% | −2.6% | −2.5% | +1.1% | −1.5% | +2.2% | −1.9% | −3.2% | −0.4% | +3.8% | +0.3% |
| 2021 | +0.3% | −1.6% | +0.4% | +0.7% | +0.3% | +0.2% | +0.7% | −0.3% | −0.7% | −0.2% | +0.7% | +0.1% |
| 2020 | +1.6% | +1.1% | −2.8% | −1.6% | +3.3% | +0.4% | +1.5% | −0.4% | +0.1% | −0.2% | +1.2% | +0.4% |
| 2019 | — | — | — | — | — | — | +0.8% | +1.6% | −0.7% | 0.0% | +0.1% | +0.3% |
FIMIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 5.17%
- 3-year Sharpe ratio: -0.17 (vs 4.5% risk-free rate)
- Best month: +5.80% (Nov 2023)
- Worst month: −2.67% (Mar 2026)
FIMIX Fund Flows
Monthly money in and out of Fidelity Minnesota Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: $56.8M
- 12-month gross sales (incl. reinvestments): $152.7M
- Sales ÷ redemptions: 1.59×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $8.3M | $9.5M | −$1.2M |
| May 2026 | $12.5M | $5.1M | $7.4M |
| Apr 2026 | $12.2M | $7.1M | $5.1M |
| Mar 2026 | $12.3M | $9.5M | $2.8M |
| Feb 2026 | $13.8M | $4.5M | $9.4M |
| Jan 2026 | $13.2M | $6.2M | $7.0M |
| Dec 2025 | $20.1M | $6.9M | $13.2M |
| Nov 2025 | $8.8M | $4.8M | $4.0M |
| Oct 2025 | $6.9M | $8.0M | −$1.1M |
| Sep 2025 | $21.4M | $7.0M | $14.4M |
| Aug 2025 | $13.2M | $10.5M | $2.7M |
| Jul 2025 | $9.9M | $16.6M | −$6.7M |
FIMIX Assets Under Management
Net assets of Fidelity Minnesota Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $595.44M |
| 2026-03-31 | $575.62M |
| 2025-12-31 | $564.38M |
| 2025-09-30 | $542.27M |
| 2025-06-30 | $520.83M |
| 2025-03-31 | $519.95M |
| 2024-12-31 | $530.32M |
| 2024-09-30 | $554.98M |
| 2024-06-30 | $538.64M |
| 2024-03-31 | $552.18M |
| 2023-12-31 | $558.17M |
| 2023-09-30 | $543.96M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.