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Fidelity New Markets Income Fund: (MF: FNMIX)
(NASDAQ Mutual Funds) As of Apr 18, 2024 08:00 PM ET
$12.33 USD
+0.02 (0.16%)
Zacks MF Rank
3-Hold of 5 3
Fund Description
The fund was incepted in May 1993 and is managed by the Fidelity Group. This fund normally invests at least 80% of its total assets in debt securities of issuers in emerging markets and other investments that are tied economically to emerging markets. This fund potentially invests in equity securities of emerging market issuers, debt securities of non-emerging market foreign issuers, and lower quality debt securities of U.S. issuers. The main objective of this fund is to seek a high level of current income with a secondary objective of capital appreciation. The fund offers a monthly dividend. Capital gains, if any, are distributed twice a year in February and December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Fidelity Advisor New Markets Income | FNMIX | NA | NA | 0.00 | 0.00 | 0.76 | 0.84 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Fidelity New Markets Income | FNMIX | 12.33 | 5/4/1993 | 1.22 | 15.00 | 0.51 | 1.30 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Fidelity Advisor New Markets Income | FNMIX | 0 | 0 | 0 | M |
Contact Information
| Family | Fidelity |
| Address | 82 Devonshire St Boston, MA 02109 |
| Phone | 800 544-6666 |