- Fund Type: Open-End Fund
- Objective: Muni-Michigan
- Asset Class: Debt
- Geographic Focus: Michigan
First Investors Multi-State Tax Free Fund - Michigan Fund
+ Add to WatchlistFTMIX:US
12.69 USD 0.01 0.08%As of 09:29:30 ET on 05/21/2013.
Snapshot for First Investors Multi-State Tax Free Fund - Michigan Fund (FTMIX)
| Year To Date: | -0.09% | 3-Month: | +0.48% | 3-Year: | +5.72% | 52-Week Range: | 12.63 - 13.10 |
|---|---|---|---|---|---|---|---|
| 1-Month: | -0.11% | 1-Year: | +3.22% | 5-Year: | +5.37% | Beta vs SPX: | 0.27 |
Fund Profile & Information for FTMIX
First Investors Multi-State Tax Free Fund - Michigan Fund is an open-end fund incorporated in the USA. The Fund's objective is a high level of interest income exempt from both federal and Michigan income tax for individual residents of Michigan. The Fund invests in investment grade municipals, with maturities of 15 years or more, that pay interest that is exempt from federal income taxes.
| Inception Date: | 01-01-1987 | Telephone: | 1-212-858-8000 |
|---|---|---|---|
| Managers: | CLARK D WAGNER | ||
| Web Site: | www.firstinvestors.com | ||
Fundamentals for FTMIX
| NAV | (on 2013-05-20) 12.70 |
|---|---|
| Assets (M) | (on 2013-05-20) 23.27 |
| Fund Leveraged | N |
| Minimum Investment | 1,000.00 |
| Minimum Subsequent Investment | 0.00 |
Dividends for FTMIX
| Dividend Type | Income |
|---|---|
| Dividend Frequency | Monthly |
| Last Dividend Net | (on 2013-04-30) 0.04 |
| Dividend Yield (ttm) | 3.77 |
Fees & Expenses for FTMIX
| Front Load | 5.75 |
|---|---|
| Back Load | 1.00 |
| Current Mgmt Fee | 0.60 |
| Redemption Fee | 0.00 |
| 12b1 Fee | 0.30 |
| Expense Ratio | 1.07 |
Top Fund Holdings for FTMIX
Filing Date: 09/28/2012| Name | Position | Value | % of Total |
|---|---|---|---|
| DETROIT SEW-SR-B-6/17 | 1,000 | 1,261,830 | 5.393% |
| MONTROSE SD | 1,000 | 1,227,380 | 5.246% |
| MI MUN BD AUTH-CLEAN | 1,000 | 1,208,640 | 5.166% |
| MI BLDG-I | 1,000 | 1,207,150 | 5.160% |
| MICHIGAN HOSP-TRINITY | 1,000 | 1,190,280 | 5.088% |
| GOODRICH SD-SCH BLDG | 1,000 | 1,182,680 | 5.055% |
| MI ST-REF-A | 1,000 | 1,166,240 | 4.985% |
| GRAND RAPIDS WTR SUPP | 1,000 | 1,148,650 | 4.910% |
| KENT HOSP-REF-A-SPECT | 1,000 | 1,141,080 | 4.877% |
| DETROIT WTR SR LIEN-B | 1,000 | 1,137,780 | 4.863% |
Quotes delayed, except where indicated otherwise. Mutual fund NAVs include dividends. All prices in local currency. Time is ET.
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