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First Investors Tax Exempt Michigan Fund Class A (FTMIX)

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First Investors Tax Exempt Michigan Fund Class A historical data, for real-time data please try another search
11.450 +0.000    +0.00%
14/12 - Delayed Data. Currency in USD
  • Morningstar Rating:
  • Total Assets: 16.14M
Type:  Fund
Market:  United States
Asset Class:  Equity
First Investors Tax Exempt Michigan Fund Class A 11.450 +0.000 +0.00%

FTMIX Overview

 
On this page you'll find an in-depth profile of First Investors Tax Exempt Michigan Fund Class A. Learn about the key management, total assets, investment strategy and contact information of FTMIX among other information.
Category

Muni Single State Long

Total Assets

16.14M

Expenses

1.06%

Inception Date

Jan 02, 1987

Investment Strategy

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 Michigan. Under normal circumstances, at least 80% of the fund's net assets (plus any borrowings for investment purposes) will be invested in municipal securities that pay interest that is exempt from federal income tax and is not a tax preference item for purposes of the federal alternative minimum tax ("Tax Preference Item"), and any applicable state income tax for individual residents of the state of Michigan.

Contact Information

Address 95 Wall Street
New York,NY 10005
United States
Phone +1 8004234026

Top Executives

Name Title Since Until
Patrick M. Tucci Assistant Vice President, Assistant Portfolio Manager 2016 2018
Biography Patrick Tucci joined FIMCO in 2016 as Co-Portfolio Manager for the Tax Exempt Funds. Prior to FIMCO, Patrick was the President and Founder of Harbor Hills Investment Management Co which focused on portfolio management and financial planning. He has previously been a Portfolio Manager and Trader fir tax exempt bond funds at Dexia Credit Local and MBIA Capital Management Corp. Patrick joined the financial markets in 1993. Patrick received a Bachelor of Business Administration degree in Finance from Villanova University and he is a CFA Chartholder.
Clark D. Wagner President 1991 2018
Biography Clark D. Wagner is the Chief Investment Officer of FIMCO and served as President of FIMCO from 2016-2018 and also served as Director of Fixed Income from 2001-2016. He has served as the Portfolio Manager since 1995. He also serves as Co-Portfolio Manager . He also serves as a Portfolio Manager and Co-Portfolio Manager for certain other First Investors Funds and has been a Portfolio Manager with FIMCO since 1991.
Dana G. Burns Managing Director 1991 1991
Biography Dana Burns, Managing Director, Investment Grade Fixed Income, joined the firm in 2007. He is currently a senior portfolio manager within the Investment Grade Credit Group and is responsible for the management of high grade institutional and retail fixed income portfolios. Mr. Burns’ primary focus at the firm is the management of investment grade total return portfolios and high quality insurance company assets. Prior to joining the firm, Mr. Burns was Vice President and co-manager of the Fixed Income Separately Managed Account Group at Morgan Stanley. Additionally, Mr. Burns managed assets for high net-worth individuals through Morgan Stanley’s Private Wealth Management Group (PWM). Mr. Burns’ investment industry experience began in 1997.
Jerry Eubank - 1990 1991
Biography Eubank is a portfolio manager of the fund.
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