FNMIX : FIDELITY NEW MARKETS INCOME

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ZACKS RANK: 1 - STRONG BUY

Ticker: FNMIX
Manager: John Carlson
Manager Since: 06/95
NAV (07/28/2014): 16.98
Objective: International - Bonds
Peer: IB EM
Net Assets ($mil): 4513.04
Inception: 05/04/1993
FNMIX : Description

The fund was incepted in May 1993 and is managed by the Fidelity Group. This fund normally invests at least 80% of its total assets in debt securities of issuers in emerging markets and other investments that are tied economically to emerging markets. This fund potentially invests in equity securities of emerging market issuers, debt securities of non-emerging market foreign issuers, and lower quality debt securities of U.S. issuers. The main objective of this fund is to seek a high level of current income with a secondary objective of capital appreciation. The fund offers a monthly dividend. Capital gains, if any, are distributed twice a year in February and December.

FNMIX : Composition - 07/14
Stocks 2.57%
Foreign Stocks 0.00%
Cash 6.17%
Bonds 85.83%
Foreign Bonds 0.00%
Preferred 1.25%
Convertible 0.00%
Other 4.17%
Foreign Hedged 0.00%
Composition Horizontal Bar Chart
FNMIX : Style Analysis - 07/14
Large Growth NA
Large Value NA
Small Growth NA
Small Value NA
Foreign Stock NA
Emerging Market NA
Precious Metals NA
Intermediate Bond NA
High Yield Bond NA
Foreign Bond NA
'Style Analysis Horizontal Bar Chart' is not available due to non availability

FNMIX : Risk Analysis
Beta v. S&P 500 0.16
Beta v. EAFE 0.26
Beta v. Barclays Agg Bond 1.64
Alpha 3 Yr 3.99
Alpha 5 Yr 5.73
R-Sq 3 Yr 0.19
R-Sq 5 Yr 0.19
Std Dev 3 Yr 8.05
Std Dev 5 Yr 7.62
Sharpe 3 Yr 1.10
Sharpe 5 Yr 1.52
FNMIX : Fees
Expense Ratio 0.84
% Max Load NA
% Min Load NA
% Deferred Load NA
% Redemption 1.00
% Max 12 B1 Fee 0.00
% Max Mgt Fee 0.66
FNMIX : Purchase Choices:
Min Initial Investment 2500
Min Subsequent Investment 0
FNMIX : Returns Analysis - Annual

Line chart

  2004200520062007200820092010201120122013YTD
NAV ($) 14.3314.4214.8014.6811.2415.0315.6515.8317.8015.5916.98
Total Return (%) 12.4711.1011.965.71-18.2344.5510.947.9320.02-6.4010.40
Annual Dividend Yield (%) 5.825.595.555.947.126.805.315.544.174.604.32
Relative Performance
Rel Performance-S&P500(%) 76.2673.99112.60-37.08-312.37419.9457.7115.64147.93-28.8665.11
Rel Performance-Obj.Ret.(%) 38.95108.3855.73-2.38-92.19233.3625.4153.9197.88-32.1551.62
Ret.Quintile vs Obj(1 is best) 21135121141
Turnover, Yields, and Gains
Fund Assets Net($mil) 1,1011,7342,2492,1161,4462,9644,2574,2687,3284,5184,513
Annual Turnover (%) 237.00196.00103.0065.0059.00126.0098.00132.0088.00131.000.00
Annual Dividend Paid ($) 0.870.860.860.890.821.050.860.900.770.750.38
Annual Capital Gains Paid($) 0.330.560.420.040.040.020.130.110.340.330.00
FNMIX : Returns Analysis - Trailing Total Return
  1 Month 3 Month 6 Month YTD 1 Year 3 Year 5 Year 10 Year 15 Year 20 Year
Total Return (through 07/14) 1.39% 6.54% 10.40% 10.40% 12.16% 8.59% 11.38% 10.34% 11.99% 12.23%
Ret. Percentile vs. Obj. (1 is best) 3 1 1 1 1 1 4 3 5 1
FNMIX : Stock Portfolio Snapshot - 07/14
Average Price/Earnings NA
Average Price/Book NA
Average EPS Growth NA
Average Market Value NA
FNMIX : Stock Sector Breakout - 07/14
'Stock Sector Breakout' is not available due to non availability

FNMIX : Top Holdings - 07/14
Name Weight Shares
Data not available