Mutual Fund Insights: RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

In-depth Analysis of RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

3 months 6 months 1 year 3 year 5 year

See RiverSource Minnesota Tax-Exempt A Fund (IMNTX) performance details as of January 31, 2010

  

Last Trade: $5.30 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Catherine M. Stienstra

Fund Manager Tenure: 2.4 years
Fundmojo Fund Grade: C (Score: 0.53)     (What does this score mean?)

Stienstra is a portfolio manager and Leader of the municipal sector team with RiverSource Investments. She joined the company since July 2007. Prior to that, Stienstra worked as Director and Senior Portfolio Manager for FAF Advisors, since 1998 to 2007, and worked with Piper Capital Management since 1990 to 1998. She began her investment career in 1988.  Get more insights on Catherine M. Stienstra

  

 What we like about RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

Data for RiverSource Minnesota Tax-Exempt A Fund (IMNTX) as of January 31, 2010

• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) is a new fund and has been performing well against its peers for both three-month and 1-year performance
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) has good short-term performance (1-year return 11.23% vs 11.14% Muni Minnesota category average)
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) has good mid-term performance (3-year return 4.18% vs 3.37% Muni Minnesota category average)
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) has good Long-term performance (5-year return 3.60% vs 3.46% Muni Minnesota category average)
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) ratio of up-years vs down years is greater than 2
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) has a lower management fee than its Muni Minnesota average: 0.84% vs 1.12%

  

 What we are cautious about RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

Data for RiverSource Minnesota Tax-Exempt A Fund (IMNTX) as of January 31, 2010

• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) management has been with RiverSource Minnesota Tax-Exempt A Fund for only 2.4 years, it is hard to judge manager's ability based on this fund's operation record
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) has a Morningstar rating of 3 and below
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) is less safe compared to its Muni Minnesota peers
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) has an annual stock turnover rate of 33.00% that is higher than the Muni Minnesota average of 20.26%. This could mean RiverSource Minnesota Tax-Exempt A is more nimble, but also signal potential high tax impact and high trading fees
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) is more volatile than its peers as it has a 3-year Standard Deviation of 6.68 that is higher than category average of 6.46
• RiverSource Minnesota Tax-Exempt A Fund (IMNTX) carries a 4.75% load

See RiverSource Minnesota Tax-Exempt A Fund (IMNTX) performance details as of January 31, 2010

  

  

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RiverSource Minnesota Tax-Exempt A Fund (IMNTX) Net Asset

Track net asset change of RiverSource Minnesota Tax-Exempt A fund (IMNTX)

Date	Net Asset
01/2010	$306.49M
11/2009	$304.18M
10/2009	$304.50M

More historic net asset information on RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

  

RiverSource Minnesota Tax-Exempt A Fund (IMNTX) Portfolio Allocation

Track portfolio allocation change of RiverSource Minnesota Tax-Exempt A fund (IMNTX)

Date	Cash	Stock	Bond	Other
10/2009	0%	0%	100%	0%
09/2009	0%	0%	100%	0%
08/2009	0%	0%	100%	0%

Click here to see more historic asset allocation information on RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

  

Most Recent Top 10 Holdings in RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

Discover what RiverSource Minnesota Tax-Exempt A Fund (IMNTX) manager is buying

31-Oct-09 Southern Minn Mun Pwr Agy Pwr Cap Appre [3.81%] St Paul Minn Port Auth 5.125% [3.63%] Hennepin Cnty Minn Go Bds 5% [3.24%] Univ Minn Univ Bds 5.5% [3.16%] Rocori Area Schs Minn Indpt Sc Go 4.75% [3.05%] Minnesota St Go St Var 5% [2.68%] Western Minn Mun Pwr Agy Minn Rev Bds 5% [2.38%] St Paul Minn Hsg & Redev Auth 5.25% [2.17%] Southern Minn Mun Pwr Agy Pwr Rev 5.25% [2.12%] St Louis Park Minn Health Care Hl 5.625% [2.06%]

30-Sep-09 Southern Minn Mun Pwr Agy Pwr Cap Appre [3.75%] St Paul Minn Port Auth 5.125% [3.49%] Hennepin Cnty Minn Go Bds 5% [3.13%] Univ Minn Univ Bds 5.5% [3.11%] Rocori Area Schs Minn Indpt Sc Go 4.75% [2.99%] Minnesota St Go St Var 5% [2.64%] Western Minn Mun Pwr Agy Minn Rev Bds 5% [2.3%] Minneapolis & St Paul Minn Met Sub 5.25% [2.26%] Southern Minn Mun Pwr Agy Pwr Rev 5.25% [2.07%] St Louis Park Minn Health Care Hl 5.625% [1.98%]

31-Aug-09 Southern Minn Mun Pwr Agy Pwr Cap Appre [3.66%] St Paul Minn Port Auth 5.125% [3.5%] Hennepin Cnty Minn Go Bds 5% [3.12%] Univ Minn Univ Bds 5.5% [3.12%] Rocori Area Schs Minn Indpt Sc Go 4.75% [2.94%] Minnesota St Go St Var 5% [2.6%] Minneapolis & St Paul Minn Met Sub 5.25% [2.32%] Western Minn Mun Pwr Agy Minn Rev Bds 5% [2.29%] Southern Minn Mun Pwr Agy Pwr Rev 5.25% [2.09%] St Louis Park Minn Health Care Hl 5.625% [1.95%]

Click here for Stock Holding Change Map in RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

  

Related books and products to RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

  

Latest News on RiverSource Minnesota Tax-Exempt A (IMNTX)

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Books and Resources

 

 

See more information on RiverSource Minnesota Tax-Exempt A Fund (IMNTX)

• RiverSource Minnesota Tax-Exempt A Fund Insights
• RiverSource Minnesota Tax-Exempt A Fund Performance Data
• RiverSource Minnesota Tax-Exempt A Fund News
• RiverSource Minnesota Tax-Exempt A Fund Score Explaination
• RiverSource Minnesota Tax-Exempt A Fund Manager Information
• Historic RiverSource Minnesota Tax-Exempt A Fund Asset Allocation Report
• Historic RiverSource Minnesota Tax-Exempt A Fund Top 10 Holding Tracking
• Historic RiverSource Minnesota Tax-Exempt A Fund Asset Under Management Tracking