Skip to Content

Fidelity® New Markets Income FNMIX

Analyst rating as of
NAV / 1-Day Return
11.65  /  0.16 %
Total Assets
4.8 Bil
Adj. Expense Ratio
0.800%
Expense Ratio
0.800%
Fee Level
Below Average
Longest Manager Tenure
3.48 years
Category
Emerging Markets Bond
Credit Quality / Interest Rate Sensitivity
Min. Initial Investment
0
Status
Open
TTM Yield
4.43%
Effective Duration
years

Morningstar’s Analysis

Will FNMIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Recent changes warrant a wait-and-see approach.

Senior Analyst

Summary

| |

Changes in Fidelity New Markets Income's management team, along with concerns about the process and its execution, still warrant a wait-and-see approach. This underpins its Morningstar Analyst Rating of Neutral across all share classes.

Unlock our full analysis with Morningstar Investor