Fidelity New Markets Income's Tim Gill and Nader Nazmi have executed this hard-currency emerging-markets debt strategy with care since taking the helm four years ago, earning upgrades of its People and Process Pillars to Above Average from Average.
Fidelity New Markets Income FNMIX
- NAV / 1-Day Return 12.96 / −0.30 %
- Total Assets 4.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.790%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Emerging Markets Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 0
- Status Open
- TTM Yield 4.96%
- Effective Duration —
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis FNMIX
Will FNMIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Cash Central Fund | 2.80 | 131.4 Mil | Cash and Equivalents |
United States Treasury Bonds 2.875% | 2.30 | 108.3 Mil | Government |
Petroleos Mexicanos 7.69% | 1.23 | 57.9 Mil | Corporate |
Pemex Project Funding Master Trust 6.625% | 1.15 | 54.1 Mil | Corporate |
Qatar (State of) 4.817% | 1.04 | 48.8 Mil | Government |
Ice Cdx Cxpem541 06/20/29 | 1.00 | 46.8 Mil | Derivative |
Oman (Sultanate Of) 6.75% | 0.84 | 39.5 Mil | Government |
Mexico (United Mexican States) 6.05% | 0.75 | 35.2 Mil | Government |
Abu Dhabi (Emirate of) 3.125% | 0.75 | 35.0 Mil | Government |
Ecuador (Republic Of) 6.9% | 0.74 | 34.8 Mil | Government |