Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
1.9%
1 yr return
10.4%
3 Yr Avg Return
-1.1%
5 Yr Avg Return
0.2%
Net Assets
$228 M
Holdings in Top 10
27.2%
Expense Ratio 0.85%
Front Load 4.20%
Deferred Load N/A
Turnover 4.00%
Redemption Fee N/A
Standard (Taxable)
$3,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | FMITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -1.9% | 26.5% | 82.81% |
1 Yr | 10.4% | 2.4% | 37.3% | 54.74% |
3 Yr | -1.1%* | -9.9% | 3.4% | 85.48% |
5 Yr | 0.2%* | -6.7% | 1104.9% | 81.12% |
10 Yr | 1.8%* | -0.8% | 248.9% | 45.51% |
* Annualized
Period | FMITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.6% | -1.4% | 41.0% | 58.95% |
2022 | -12.6% | -39.7% | 0.3% | 62.28% |
2021 | -0.7% | -5.6% | 6.9% | 62.84% |
2020 | 2.6% | -2.6% | 310.0% | 12.92% |
2019 | 4.2% | 0.0% | 26.0% | 33.62% |
Period | FMITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -1.9% | 26.5% | 82.81% |
1 Yr | 10.4% | 2.4% | 37.3% | 54.74% |
3 Yr | -1.1%* | -9.9% | 3.4% | 85.48% |
5 Yr | 0.2%* | -6.7% | 1104.9% | 81.12% |
10 Yr | 1.8%* | -0.8% | 248.9% | 45.51% |
* Annualized
Period | FMITX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | -1.3% | 41.0% | 58.95% |
2022 | -10.8% | -39.7% | 1.1% | 72.06% |
2021 | 1.1% | -4.8% | 23761504.0% | 61.82% |
2020 | 4.7% | -1.5% | 17057.9% | 22.92% |
2019 | 7.1% | 0.2% | 3514.6% | 34.69% |
FMITX | Category Low | Category High | FMITX % Rank | |
---|---|---|---|---|
Net Assets | 228 M | 3.22 M | 71.9 B | 68.19% |
Number of Holdings | 121 | 4 | 13418 | 77.70% |
Net Assets in Top 10 | 60.2 M | -317 M | 3.45 B | 59.12% |
Weighting of Top 10 | 27.16% | 1.9% | 100.1% | 17.60% |
Weighting | Return Low | Return High | FMITX % Rank | |
---|---|---|---|---|
Bonds | 99.18% | 0.00% | 150.86% | 44.03% |
Cash | 0.82% | -50.86% | 43.45% | 57.27% |
Stocks | 0.00% | 0.00% | 99.89% | 88.59% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 86.99% |
Other | 0.00% | -3.72% | 51.88% | 81.09% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 86.88% |
Weighting | Return Low | Return High | FMITX % Rank | |
---|---|---|---|---|
Municipal | 98.76% | 44.39% | 100.00% | 43.77% |
Derivative | 0.00% | -3.72% | 51.88% | 79.56% |
Cash & Equivalents | 0.00% | 0.00% | 43.45% | 94.69% |
Securitized | 0.00% | 0.00% | 5.93% | 86.88% |
Corporate | 0.00% | 0.00% | 9.41% | 88.21% |
Government | 0.00% | 0.00% | 52.02% | 87.67% |
Weighting | Return Low | Return High | FMITX % Rank | |
---|---|---|---|---|
US | 99.18% | 0.00% | 142.23% | 42.00% |
Non US | 0.00% | 0.00% | 23.89% | 89.18% |
FMITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.85% | 0.01% | 8.02% | 37.98% |
Management Fee | 0.50% | 0.00% | 1.20% | 84.35% |
12b-1 Fee | 0.20% | 0.00% | 1.00% | 31.74% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
FMITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.20% | 0.50% | 4.75% | 28.94% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
FMITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FMITX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 4.00% | 0.00% | 283.00% | 3.25% |
FMITX | Category Low | Category High | FMITX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.90% | 0.00% | 14.51% | 53.18% |
FMITX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
FMITX | Category Low | Category High | FMITX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.19% | -0.53% | 5.33% | 36.20% |
FMITX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.026 | OrdinaryDividend |
Sep 30, 2024 | $0.026 | OrdinaryDividend |
Aug 30, 2024 | $0.026 | OrdinaryDividend |
Jul 31, 2024 | $0.026 | OrdinaryDividend |
Jun 28, 2024 | $0.026 | OrdinaryDividend |
May 31, 2024 | $0.026 | OrdinaryDividend |
Apr 30, 2024 | $0.026 | OrdinaryDividend |
Mar 29, 2024 | $0.026 | OrdinaryDividend |
Feb 29, 2024 | $0.026 | OrdinaryDividend |
Jan 31, 2024 | $0.026 | OrdinaryDividend |
Dec 28, 2023 | $0.026 | OrdinaryDividend |
Nov 30, 2023 | $0.026 | OrdinaryDividend |
Oct 31, 2023 | $0.024 | OrdinaryDividend |
Sep 29, 2023 | $0.024 | OrdinaryDividend |
Aug 31, 2023 | $0.024 | OrdinaryDividend |
Jul 31, 2023 | $0.024 | OrdinaryDividend |
Jun 30, 2023 | $0.024 | OrdinaryDividend |
May 31, 2023 | $0.024 | OrdinaryDividend |
Apr 28, 2023 | $0.022 | OrdinaryDividend |
Mar 31, 2023 | $0.022 | OrdinaryDividend |
Feb 28, 2023 | $0.022 | OrdinaryDividend |
Jan 31, 2023 | $0.020 | OrdinaryDividend |
Dec 29, 2022 | $0.020 | OrdinaryDividend |
Nov 30, 2022 | $0.020 | OrdinaryDividend |
Oct 31, 2022 | $0.018 | OrdinaryDividend |
Sep 30, 2022 | $0.018 | OrdinaryDividend |
Aug 31, 2022 | $0.018 | OrdinaryDividend |
Jul 29, 2022 | $0.018 | OrdinaryDividend |
Jun 30, 2022 | $0.018 | OrdinaryDividend |
May 31, 2022 | $0.018 | OrdinaryDividend |
Apr 29, 2022 | $0.018 | OrdinaryDividend |
Mar 31, 2022 | $0.018 | OrdinaryDividend |
Feb 28, 2022 | $0.018 | OrdinaryDividend |
Jan 31, 2022 | $0.018 | OrdinaryDividend |
Dec 30, 2021 | $0.018 | OrdinaryDividend |
Dec 06, 2021 | $0.009 | CapitalGainLongTerm |
Nov 30, 2021 | $0.018 | OrdinaryDividend |
Oct 30, 2021 | $0.018 | OrdinaryDividend |
Sep 30, 2021 | $0.018 | OrdinaryDividend |
Jul 30, 2021 | $0.020 | OrdinaryDividend |
Jun 30, 2021 | $0.020 | OrdinaryDividend |
May 28, 2021 | $0.020 | OrdinaryDividend |
Apr 30, 2021 | $0.022 | OrdinaryDividend |
Mar 31, 2021 | $0.022 | OrdinaryDividend |
Feb 26, 2021 | $0.022 | OrdinaryDividend |
Jan 29, 2021 | $0.022 | OrdinaryDividend |
Dec 30, 2020 | $0.022 | OrdinaryDividend |
Nov 30, 2020 | $0.022 | OrdinaryDividend |
Oct 30, 2020 | $0.024 | OrdinaryDividend |
Sep 30, 2020 | $0.024 | OrdinaryDividend |
Aug 31, 2020 | $0.024 | OrdinaryDividend |
Jun 30, 2020 | $0.024 | OrdinaryDividend |
May 29, 2020 | $0.024 | OrdinaryDividend |
Apr 30, 2020 | $0.024 | OrdinaryDividend |
Jan 31, 2020 | $0.024 | OrdinaryDividend |
Dec 31, 2019 | $0.024 | OrdinaryDividend |
Nov 29, 2019 | $0.024 | OrdinaryDividend |
Oct 31, 2019 | $0.024 | OrdinaryDividend |
Sep 30, 2019 | $0.024 | OrdinaryDividend |
Aug 30, 2019 | $0.024 | OrdinaryDividend |
Jul 31, 2019 | $0.024 | OrdinaryDividend |
Jun 28, 2019 | $0.024 | DailyAccrualFund |
Dec 06, 2016 | $0.002 | CapitalGainShortTerm |
Dec 06, 2016 | $0.029 | CapitalGainLongTerm |
Dec 07, 2015 | $0.001 | CapitalGainShortTerm |
Dec 07, 2015 | $0.034 | CapitalGainLongTerm |
Dec 05, 2014 | $0.003 | CapitalGainShortTerm |
Dec 05, 2014 | $0.066 | CapitalGainLongTerm |
Dec 05, 2014 | $0.001 | ExtraDividend |
Dec 05, 2013 | $0.021 | CapitalGainLongTerm |
Mar 31, 2010 | $0.039 | OrdinaryDividend |
Feb 26, 2010 | $0.039 | OrdinaryDividend |
Jan 29, 2010 | $0.039 | OrdinaryDividend |
Dec 24, 2009 | $0.039 | OrdinaryDividend |
Nov 30, 2009 | $0.039 | OrdinaryDividend |
Oct 30, 2009 | $0.039 | OrdinaryDividend |
Sep 30, 2009 | $0.039 | OrdinaryDividend |
Aug 31, 2009 | $0.039 | OrdinaryDividend |
Jul 31, 2009 | $0.039 | OrdinaryDividend |
Jun 30, 2009 | $0.039 | OrdinaryDividend |
May 29, 2009 | $0.039 | OrdinaryDividend |
Apr 30, 2009 | $0.039 | OrdinaryDividend |
Mar 31, 2009 | $0.039 | OrdinaryDividend |
Feb 27, 2009 | $0.039 | OrdinaryDividend |
Jan 30, 2009 | $0.039 | OrdinaryDividend |
Dec 24, 2008 | $0.039 | OrdinaryDividend |
Dec 04, 2008 | $0.014 | CapitalGainLongTerm |
Nov 28, 2008 | $0.039 | OrdinaryDividend |
Oct 31, 2008 | $0.039 | OrdinaryDividend |
Sep 30, 2008 | $0.039 | OrdinaryDividend |
Aug 29, 2008 | $0.039 | OrdinaryDividend |
Jul 31, 2008 | $0.039 | OrdinaryDividend |
Jun 30, 2008 | $0.039 | OrdinaryDividend |
May 30, 2008 | $0.039 | OrdinaryDividend |
Apr 30, 2008 | $0.039 | OrdinaryDividend |
Mar 31, 2008 | $0.039 | OrdinaryDividend |
Feb 29, 2008 | $0.039 | OrdinaryDividend |
Jan 31, 2008 | $0.040 | OrdinaryDividend |
Dec 24, 2007 | $0.040 | OrdinaryDividend |
Dec 04, 2007 | $0.032 | CapitalGainLongTerm |
Nov 29, 2007 | $0.040 | OrdinaryDividend |
Oct 10, 2007 | $0.040 | OrdinaryDividend |
Sep 10, 2007 | $0.040 | OrdinaryDividend |
Aug 10, 2007 | $0.040 | OrdinaryDividend |
Jul 10, 2007 | $0.040 | OrdinaryDividend |
Jun 11, 2007 | $0.040 | OrdinaryDividend |
May 10, 2007 | $0.040 | OrdinaryDividend |
Apr 10, 2007 | $0.040 | OrdinaryDividend |
Feb 12, 2007 | $0.040 | OrdinaryDividend |
Jan 10, 2007 | $0.040 | OrdinaryDividend |
Dec 11, 2006 | $0.040 | OrdinaryDividend |
Nov 10, 2006 | $0.040 | OrdinaryDividend |
Oct 10, 2006 | $0.040 | OrdinaryDividend |
Sep 11, 2006 | $0.040 | OrdinaryDividend |
Aug 10, 2006 | $0.040 | OrdinaryDividend |
Jul 10, 2006 | $0.040 | OrdinaryDividend |
May 10, 2006 | $0.040 | OrdinaryDividend |
Apr 10, 2006 | $0.040 | OrdinaryDividend |
Mar 10, 2006 | $0.040 | OrdinaryDividend |
Feb 10, 2006 | $0.040 | OrdinaryDividend |
Jan 10, 2006 | $0.040 | OrdinaryDividend |
Dec 12, 2005 | $0.040 | OrdinaryDividend |
Dec 02, 2005 | $0.001 | CapitalGainShortTerm |
Dec 02, 2005 | $0.132 | CapitalGainLongTerm |
Nov 10, 2005 | $0.040 | OrdinaryDividend |
Oct 10, 2005 | $0.040 | OrdinaryDividend |
Sep 12, 2005 | $0.040 | OrdinaryDividend |
Aug 10, 2005 | $0.040 | OrdinaryDividend |
Jul 11, 2005 | $0.042 | OrdinaryDividend |
Jun 10, 2005 | $0.042 | OrdinaryDividend |
May 10, 2005 | $0.042 | OrdinaryDividend |
Apr 11, 2005 | $0.042 | OrdinaryDividend |
Mar 10, 2005 | $0.042 | OrdinaryDividend |
Feb 10, 2005 | $0.042 | OrdinaryDividend |
Jan 10, 2005 | $0.042 | OrdinaryDividend |
Dec 10, 2004 | $0.042 | OrdinaryDividend |
Dec 02, 2004 | $0.001 | CapitalGainShortTerm |
Dec 02, 2004 | $0.005 | CapitalGainLongTerm |
Nov 10, 2004 | $0.042 | OrdinaryDividend |
Oct 11, 2004 | $0.044 | OrdinaryDividend |
Sep 10, 2004 | $0.044 | OrdinaryDividend |
Aug 10, 2004 | $0.044 | OrdinaryDividend |
Jul 12, 2004 | $0.044 | OrdinaryDividend |
Jun 10, 2004 | $0.044 | OrdinaryDividend |
May 10, 2004 | $0.044 | OrdinaryDividend |
Apr 12, 2004 | $0.046 | OrdinaryDividend |
Mar 10, 2004 | $0.046 | OrdinaryDividend |
Feb 10, 2004 | $0.046 | OrdinaryDividend |
Jan 12, 2004 | $0.046 | OrdinaryDividend |
Dec 10, 2003 | $0.046 | OrdinaryDividend |
Dec 02, 2003 | $0.004 | CapitalGainShortTerm |
Dec 02, 2003 | $0.064 | CapitalGainLongTerm |
Nov 10, 2003 | $0.046 | OrdinaryDividend |
Oct 10, 2003 | $0.047 | OrdinaryDividend |
Sep 10, 2003 | $0.047 | OrdinaryDividend |
Aug 11, 2003 | $0.047 | OrdinaryDividend |
Jul 10, 2003 | $0.047 | OrdinaryDividend |
Jun 10, 2003 | $0.047 | OrdinaryDividend |
May 12, 2003 | $0.047 | OrdinaryDividend |
Apr 10, 2003 | $0.047 | OrdinaryDividend |
Feb 10, 2003 | $0.047 | OrdinaryDividend |
Jan 10, 2003 | $0.047 | OrdinaryDividend |
Dec 10, 2002 | $0.047 | OrdinaryDividend |
Dec 03, 2002 | $0.001 | CapitalGainShortTerm |
Dec 03, 2002 | $0.007 | CapitalGainLongTerm |
Nov 11, 2002 | $0.047 | OrdinaryDividend |
Oct 10, 2002 | $0.047 | OrdinaryDividend |
Sep 10, 2002 | $0.047 | OrdinaryDividend |
Aug 12, 2002 | $0.047 | OrdinaryDividend |
Jul 10, 2002 | $0.047 | OrdinaryDividend |
Jun 10, 2002 | $0.047 | OrdinaryDividend |
May 10, 2002 | $0.047 | OrdinaryDividend |
Apr 10, 2002 | $0.047 | OrdinaryDividend |
Mar 11, 2002 | $0.047 | OrdinaryDividend |
Feb 11, 2002 | $0.047 | OrdinaryDividend |
Jan 10, 2002 | $0.047 | OrdinaryDividend |
Dec 10, 2001 | $0.047 | OrdinaryDividend |
Dec 04, 2001 | $0.026 | CapitalGainLongTerm |
Nov 12, 2001 | $0.047 | OrdinaryDividend |
Oct 10, 2001 | $0.048 | OrdinaryDividend |
Sep 10, 2001 | $0.048 | OrdinaryDividend |
Aug 10, 2001 | $0.048 | OrdinaryDividend |
Jul 10, 2001 | $0.048 | OrdinaryDividend |
Jun 11, 2001 | $0.048 | OrdinaryDividend |
May 10, 2001 | $0.048 | OrdinaryDividend |
Apr 10, 2001 | $0.048 | OrdinaryDividend |
Mar 12, 2001 | $0.048 | OrdinaryDividend |
Feb 12, 2001 | $0.048 | OrdinaryDividend |
Jan 10, 2001 | $0.048 | OrdinaryDividend |
Dec 11, 2000 | $0.048 | OrdinaryDividend |
Nov 10, 2000 | $0.048 | OrdinaryDividend |
Oct 10, 2000 | $0.048 | OrdinaryDividend |
Sep 11, 2000 | $0.048 | OrdinaryDividend |
Aug 10, 2000 | $0.048 | OrdinaryDividend |
Jul 10, 2000 | $0.048 | OrdinaryDividend |
Jun 12, 2000 | $0.048 | OrdinaryDividend |
May 10, 2000 | $0.048 | OrdinaryDividend |
Apr 10, 2000 | $0.048 | OrdinaryDividend |
Mar 10, 2000 | $0.048 | OrdinaryDividend |
Feb 10, 2000 | $0.048 | OrdinaryDividend |
Jan 10, 2000 | $0.049 | OrdinaryDividend |
Dec 10, 1999 | $0.049 | OrdinaryDividend |
Dec 03, 1999 | $0.051 | CapitalGainLongTerm |
Nov 10, 1999 | $0.049 | OrdinaryDividend |
Oct 11, 1999 | $0.049 | OrdinaryDividend |
Sep 10, 1999 | $0.049 | OrdinaryDividend |
Jul 12, 1999 | $0.049 | OrdinaryDividend |
Jun 10, 1999 | $0.049 | OrdinaryDividend |
May 10, 1999 | $0.049 | OrdinaryDividend |
Apr 12, 1999 | $0.049 | OrdinaryDividend |
Mar 10, 1999 | $0.050 | OrdinaryDividend |
Feb 10, 1999 | $0.050 | OrdinaryDividend |
Jan 11, 1999 | $0.050 | OrdinaryDividend |
Dec 10, 1998 | $0.050 | OrdinaryDividend |
Dec 03, 1998 | $0.010 | CapitalGainShortTerm |
Dec 03, 1998 | $0.046 | CapitalGainLongTerm |
Dec 03, 1998 | $0.001 | OrdinaryDividend |
Nov 10, 1998 | $0.050 | OrdinaryDividend |
Oct 12, 1998 | $0.050 | OrdinaryDividend |
Sep 10, 1998 | $0.050 | OrdinaryDividend |
Aug 10, 1998 | $0.050 | OrdinaryDividend |
Jul 10, 1998 | $0.050 | OrdinaryDividend |
Jun 10, 1998 | $0.050 | OrdinaryDividend |
May 11, 1998 | $0.050 | OrdinaryDividend |
Apr 10, 1998 | $0.050 | OrdinaryDividend |
Mar 10, 1998 | $0.050 | OrdinaryDividend |
Feb 10, 1998 | $0.050 | OrdinaryDividend |
Jan 12, 1998 | $0.050 | OrdinaryDividend |
Dec 10, 1997 | $0.010 | CapitalGainShortTerm |
Dec 10, 1997 | $0.019 | CapitalGainLongTerm |
Dec 10, 1997 | $0.051 | OrdinaryDividend |
Nov 10, 1997 | $0.051 | OrdinaryDividend |
Oct 10, 1997 | $0.051 | OrdinaryDividend |
Sep 10, 1997 | $0.051 | OrdinaryDividend |
Aug 11, 1997 | $0.051 | OrdinaryDividend |
Jul 10, 1997 | $0.051 | OrdinaryDividend |
Jun 10, 1997 | $0.051 | OrdinaryDividend |
May 12, 1997 | $0.051 | OrdinaryDividend |
Apr 10, 1997 | $0.051 | OrdinaryDividend |
Mar 10, 1997 | $0.051 | OrdinaryDividend |
Feb 14, 1997 | $0.051 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Mar 01, 2007
15.26
15.3%
Dan is the lead portfolio manager for the firm’s taxable municipal strategies. He manages several state-specific municipal bond strategies, including Georgia, Kentucky, Michigan, North Carolina, Ohio and Tennessee, and related institutional portfolios. Dan also serves as portfolio manager for the inflation-protected strategy and national closed-end funds. Prior to his current position, he served as a research analyst covering the corporate-backed, energy, transportation and utilities sectors. Before joining the firm in 2000, he worked as an analyst at Banc of America Securities specializing in originating and structuring asset-backed securities. Dan received a BS in business from Miami University in Ohio and an MBA at the J.L. Kellogg School of Management at Northwestern University. He also holds the Chartered Financial Analyst® designation and is a member of the CFA® Institute and the CFA Society of Chicago. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.33 | 1.58 |
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