Fidelity New Markets Income Fund (FNMIX)
| Fund Assets | 5.73B |
| Expense Ratio | 0.75% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 4.57% |
| Dividend Growth | 13.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 28, 2026 |
| Previous Close | 13.92 |
| YTD Return | 2.21% |
| 1-Year Return | 13.24% |
| 5-Year Return | 23.01% |
| 52-Week Low | 12.22 |
| 52-Week High | 14.13 |
| Beta (5Y) | 0.46 |
| Holdings | 483 |
| Inception Date | May 4, 1993 |
About FNMIX
Fidelity New Markets Income Fund is a mutual fund focused on delivering high current income by investing primarily in fixed-income securities issued by governments and corporations within emerging markets. The fund typically allocates at least 80% of its assets to bonds and related investments tied to emerging economies, as defined by indices such as MSCI and classifications by the World Bank. Its portfolio is notable for exposure to sovereign and corporate debt from countries characterized by developing market infrastructures and evolving economic frameworks. Launched in 1993, the fund holds a substantial and diversified asset base, with several hundred individual securities representing a variety of regions and industries. Managed by Fidelity, this fund plays a significant role in the broader fixed-income landscape, providing investors with access to the potential yield and diversification benefits associated with emerging market debt. Regular dividend distributions and a focus on income generation make it a well-recognized option in the emerging markets bond category.
Performance
FNMIX had a total return of 13.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.46%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
21.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Cash Central Fund | n/a | 10.60% |
| 10 Year Treasury Note Future Mar 26 | n/a | 3.95% |
| Argentina (Republic Of) 4.125% | ARGENT.4.125 07.09.35 | 1.09% |
| United States Treasury Notes 4.125% | T.4.125 05.31.32 | 0.94% |
| Pemex Project Funding Master Trust 6.625% | PEMEX.6.625 06.15.35 | 0.89% |
| Argentina (Republic Of) 0.75% | ARGENT.0.75 07.09.30 | 0.88% |
| Ecuador (Republic Of) 6.9% | ECUA.6.9 07.31.35 144A | 0.77% |
| Ecuador (Republic Of) 6.9% | ECUA.6.9 07.31.30 144A | 0.69% |
| Argentina (Republic Of) 5% | ARGENT.5 01.09.38 | 0.65% |
| Mexico (United Mexican States) 6.05% | MEX.6.05 01.11.40 | 0.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 28, 2026 | $0.04944 | Mar 1, 2026 |
| Jan 30, 2026 | $0.0548 | Feb 2, 2026 |
| Dec 31, 2025 | $0.05406 | Jan 2, 2026 |
| Dec 17, 2025 | $0.038 | Dec 18, 2025 |
| Nov 30, 2025 | $0.05306 | Dec 1, 2025 |
| Oct 31, 2025 | $0.05519 | Nov 1, 2025 |