Fidelity New Markets Income Fund (FNMIX)
| Fund Assets | 3.84B |
| Expense Ratio | 0.75% |
| Min. Investment | $0.00 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 4.91% |
| Dividend Growth | 12.53% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 31, 2026 |
| Previous Close | 14.05 |
| YTD Return | 3.72% |
| 1-Year Return | 15.62% |
| 5-Year Return | 19.54% |
| 52-Week Low | 12.77 |
| 52-Week High | 14.13 |
| Beta (5Y) | 0.45 |
| Holdings | 503 |
| 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 15.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.34%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
16.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 9.73% |
| ARGENTINA REPUBLIC OF STEP 07/09/2035 | ARGENT.4.125 07.09.35 | 1.11% |
| UST NOTES 4.125% 05/31/2032 | T.4.125 05.31.32 | 0.90% |
| PETROLEOS MEXICANOS 6.625% 06/15/2035 | PEMEX.6.625 06.15.35 | 0.85% |
| ARGENTINA REPUBLIC OF STEP 07/09/2030 | ARGENT.0.75 07.09.30 | 0.81% |
| PETROLEOS DE VENEZUELA SA 5.5% 04/12/2037 REGS | PDVSA.5.5 04.12.37 | 0.78% |
| ARGENTINA REPUBLIC OF STEP 01/09/2038 | ARGENT.5 01.09.38 | 0.77% |
| ECUADOR REPUBLIC OF STEP 07/31/2035 144A | ECUA.6.9 07.31.35 144A | 0.74% |
| PETROLEOS DE VENEZUELA SA 5.375% 04/12/2027 REGS | PDVSA.5.375 04.12.27 | 0.64% |
| MEXICO UNITED MEXICAN STATES 6.05% 01/11/2040 | MEX.6.05 01.11.40 | 0.60% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 31, 2026 | $0.05705 | Jun 1, 2026 |
| Apr 30, 2026 | $0.05377 | May 1, 2026 |
| Mar 31, 2026 | $0.05546 | Apr 1, 2026 |
| Feb 27, 2026 | $0.04944 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0548 | Feb 2, 2026 |
| Dec 31, 2025 | $0.05406 | Jan 2, 2026 |