First Investors Tax Exempt MA A
(FIMAX)
-0.02
-0.16%
| Symbol | Value ($) |
|---|---|
| Morningstar Rating | |
| Previous Close | 12.37 |
| Category | Muni Massachusetts |
| Net Assets | 25.87 Mil |
| Yield | 3.24% |
| Morningstar Risk | Average |
| Morningstar Return | Below Average |
- Last NAV update 5/21/2013 3:00 AM ET
| NA |
|---|
| The investment seeks a high level of interest income that is exempt from both federal and state income tax for individual residents of the state of Massachusetts; it also seeks income that is not a tax preference item for purposes of the federal alternative minimum tax. The fund invests at least 80% of net assets (plus any borrowings for investment purposes) in municipal securities that pay interest that is exempt from federal income tax, including the AMT, and any applicable state income tax for individual residents of the state of Massachusetts. It generally invests only in high quality municipal securities. |
| 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|
| Return | 12.94% | 0.34% | 11.15% | 7.05% | 0.55% |
| Value ($) | 11,294.00 | 11,332.40 | 12,595.96 | 13,483.98 | 13,558.14 |
- Year to date performance as of 5/20/2013 8:00 PM ET
| Symbol | Value ($) |
|---|---|
| Fund Family | First Investors |
| Fund Manager | Clark Wagner |
| Tenure (Years) | 22 |
| Fund Status | Open |
| Minimum Initial Purchase | 1,000.00 |
| Minimum IRA Investment | 500.00 |
| Front Load | 5.75 |
| Expense Ratio | 1.04% |
| Symbol | Value ($) |
|---|---|
| 1 Month | -0.46% |
| 3 Months | 0.08% |
| 1 Year | 3.19% |
| 3 Years* | 5.36% |
| 5 Years* | 5.30% |
- * Annualized returns
- Performance as of 5/20/2013 8:00 PM ET
| FIMAX | Muni Massachusetts | |
|---|---|---|
| 5-Yr Return | 5.30% | 5.32% |
| Sharpe Ratio | 1.19 | 1.24 |
| Net Assets | 25.87 Mil | 136.13 Mil |
| Avg Market Cap | NA | NA |
| Avg P/E | NA | NA |
| Portfolio Turnover | 44 | 13 |
| Symbol | Value ($) |
|---|---|
| Stocks | 0.00% |
| Cash | 8.02% |
| Fixed Income | 91.98% |
| Other | 0.00% |
| NAME | % NET ASSETS |
|---|---|
| Massachusetts St Wtr Res Auth 5% | 5.52% |
| Massachusetts St Go Bds 5.5% | 5.18% |
| Springfield Mass Wtr & Swr Com Rev 5.75% | 4.77% |
| Massachusetts St Dev Fin Agy R Rev 5.75% | 4.73% |
| Massachusetts St Health & Edl Rev B 5.5% | 4.67% |
| Massachusetts St College Bldg Proj 5% | 4.60% |
| Massachusetts Bay Transn Auth 5% | 4.57% |
| Univ Mass Bldg Auth 5% | 4.44% |
| Puerto Rico Sales Tax Fing Cor Sale 6.5% | 4.44% |
| Massachusetts St Dev Fin Agy R Rev 5.25% | 4.42% |
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