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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Investors Tax Exempt Virginia Fund

FIVAX |

-

$32.7 M

-

1.04%

Vitals

YTD Return

N/A

1 yr return

0.1%

3 Yr Avg Return

1.0%

5 Yr Avg Return

2.6%

Net Assets

$32.7 M

Holdings in Top 10

33.3%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.04%

SALES FEES

Front Load 4.00%

Deferred Load 1.00%

TRADING FEES

Turnover 38.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$500

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

First Investors Tax Exempt Virginia Fund

FIVAX |

-

$32.7 M

-

1.04%

FIVAX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return -0.3%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.91%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    First Investors Tax Exempt Virginia Fund
  • Fund Family Name
    First Investors
  • Inception Date
    Apr 30, 1990
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Clark D. Wagner

Fund Description

FIVAX - Performance

Return Ranking - Trailing

Period FIVAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.2% 7.6% N/A
1 Yr 0.1% -6.4% 8.5% N/A
3 Yr 1.0%* -2.3% 3.6% N/A
5 Yr 2.6%* -1.3% 1.7% N/A
10 Yr 3.9%* -1.1% 4.2% N/A

* Annualized

Return Ranking - Calendar

Period FIVAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -7.2% 11.0% N/A
2022 N/A -10.1% 6.8% N/A
2021 N/A -4.9% 0.0% N/A
2020 N/A -5.6% 1.8% N/A
2019 N/A -34.8% 15.6% N/A

Total Return Ranking - Trailing

Period FIVAX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.2% 7.6% N/A
1 Yr -3.9% -6.4% 8.5% N/A
3 Yr -0.3%* -2.3% 3.6% N/A
5 Yr 1.8%* -1.3% 4.4% N/A
10 Yr 3.5%* -1.1% 5.6% N/A

* Annualized

Total Return Ranking - Calendar

Period FIVAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -7.2% 11.0% N/A
2022 N/A -10.1% 6.9% N/A
2021 N/A -4.9% 1.0% N/A
2020 N/A -5.6% 4.0% N/A
2019 N/A -34.8% 16.3% N/A

FIVAX - Holdings

Concentration Analysis

FIVAX Category Low Category High FIVAX % Rank
Net Assets 32.7 M 6.28 M 20.6 B N/A
Number of Holdings 44 31 4231 N/A
Net Assets in Top 10 13.9 M -4.71 M 2.92 B N/A
Weighting of Top 10 33.27% 2.5% 58.7% N/A

Top 10 Holdings

  1. WASHINGTON D C MET AREA TRAN AUTH 5% 5.40%
  2. VIRGINIA COMWLTH TRANSN BRD 4% 4.93%
  3. VIRGINIA COMWLTH TRANSN BRD 5% 3.86%
  4. UNIVERSITY VA 5% 2.74%
  5. NORFOLK VA 5% 2.74%
  6. HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN 5% 2.73%
  7. FAIRFAX CNTY VA WTR AUTH 5% 2.73%
  8. VIRGINIA COLLEGE BLDG AUTH VA 5% 2.72%
  9. VIRGINIA ST RES AUTH 5% 2.71%
  10. RAPPAHANNOCK VA REGL JAIL AUTH 5% 2.71%

Asset Allocation

Weighting Return Low Return High FIVAX % Rank
Bonds 		97.06% -0.60% 103.72% N/A
Cash 		2.94% -3.73% 93.39% N/A
Stocks 		0.00% 0.00% 0.32% N/A
Preferred Stocks 		0.00% 0.00% 0.00% N/A
Other 		0.00% -2.39% 8.43% N/A
Convertible Bonds 		0.00% 0.00% 0.00% N/A

Bond Sector Breakdown

Weighting Return Low Return High FIVAX % Rank
Municipal 		97.06% 0.00% 103.73% N/A
Cash & Equivalents 		2.94% -3.73% 93.39% N/A
Derivative 		0.00% -0.20% 0.00% N/A
Securitized 		0.00% 0.00% 0.00% N/A
Corporate 		0.00% 0.00% 4.72% N/A
Government 		0.00% -17.97% 1.02% N/A

Bond Geographic Breakdown

Weighting Return Low Return High FIVAX % Rank
US 		97.06% -0.60% 102.38% N/A
Non US 		0.00% 0.00% 22.38% N/A

FIVAX - Expenses

Operational Fees

FIVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.09% 2.58% N/A
Management Fee 0.60% 0.08% 1.30% N/A
12b-1 Fee 0.30% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.33% N/A

Sales Fees

FIVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.00% 1.00% 5.75% N/A
Deferred Load 1.00% 0.50% 5.00% N/A

Trading Fees

FIVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

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.

FIVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.00% 3.32% 293.00% N/A

FIVAX - Distributions

Dividend Yield Analysis

FIVAX Category Low Category High FIVAX % Rank
Dividend Yield 0.00% 0.00% 2.83% N/A

Dividend Distribution Analysis

FIVAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FIVAX Category Low Category High FIVAX % Rank
Net Income Ratio 2.91% -0.21% 4.62% N/A

Capital Gain Distribution Analysis

FIVAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Distributions History

View More +

FIVAX - Fund Manager Analysis

Managers

Clark D. Wagner

Start Date

Tenure

Tenure Rank

Jul 01, 1991

27.44

27.4%

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.

Patrick M. Tucci

Start Date

Tenure

Tenure Rank

May 13, 2016

2.55

2.6%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.75 28.92 11.47 16.51

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