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Fidelity Emerging Markets Fund
FEDMX (Mutual Fund)
Fidelity Emerging Markets Fund
Name
As of 10/08/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
15.4%
1 yr return
24.7%
3 Yr Avg Return
-1.7%
5 Yr Avg Return
N/A
Net Assets
$7.98 B
Holdings in Top 10
42.7%
52 WEEK LOW AND HIGH
$41.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.14%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/08/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FEDMX - Profile
Distributions
- YTD Total Return 15.4%
- 3 Yr Annualized Total Return -1.7%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.17%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFidelity Emerging Markets Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateMay 20, 2021
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Dance
Fund Description
Normally investing at least 80% of assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics. Normally investing primarily in common stocks.Allocating investments across different emerging markets countries.Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
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FEDMX - Performance
Return Ranking - Trailing
| Period | FEDMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.4% | -12.4% | 33.1% | 41.60% |
| 1 Yr | 24.7% | -4.5% | 45.9% | 39.08% |
| 3 Yr | -1.7%* | -12.3% | 12.7% | 54.81% |
| 5 Yr | N/A* | -2.9% | 13.1% | 4.35% |
| 10 Yr | N/A* | -2.5% | 7.1% | 6.04% |
* Annualized
Return Ranking - Calendar
| Period | FEDMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.8% | -6.5% | 35.5% | 16.20% |
| 2022 | -28.0% | -50.1% | -2.4% | 76.80% |
| 2021 | N/A | -33.1% | 22.5% | N/A |
| 2020 | N/A | -22.1% | 80.1% | N/A |
| 2019 | N/A | -0.7% | 42.0% | N/A |
Total Return Ranking - Trailing
| Period | FEDMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.4% | -12.4% | 33.1% | 41.60% |
| 1 Yr | 24.7% | -4.5% | 45.9% | 39.08% |
| 3 Yr | -1.7%* | -12.3% | 12.7% | 54.81% |
| 5 Yr | N/A* | -2.9% | 13.1% | 13.26% |
| 10 Yr | N/A* | -2.5% | 7.1% | 9.90% |
* Annualized
Total Return Ranking - Calendar
| Period | FEDMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.8% | -2.7% | 42.0% | 26.40% |
| 2022 | -27.7% | -42.2% | 1.9% | 82.71% |
| 2021 | N/A | -32.5% | 33.1% | N/A |
| 2020 | N/A | -20.0% | 81.6% | N/A |
| 2019 | N/A | 2.3% | 42.0% | N/A |
NAV & Total Return History
FEDMX - Holdings
Concentration Analysis
| FEDMX | Category Low | Category High | FEDMX % Rank | |
|---|---|---|---|---|
| Net Assets | 7.98 B | 682 K | 103 B | 6.56% |
| Number of Holdings | 83 | 10 | 7534 | 59.97% |
| Net Assets in Top 10 | 4.15 B | 290 K | 23.8 B | 6.00% |
| Weighting of Top 10 | 42.69% | 2.9% | 100.2% | 19.69% |
Top 10 Holdings
- TAIWAN SEMICONDUCTOR MFG CO LTD 12.70%
- TENCENT HOLDINGS LTD 5.77%
- SAMSUNG ELECTRONICS CO LTD 4.95%
- NVIDIA CORP 4.40%
- BANK CENTRAL ASIA 2.94%
- PDD HOLDINGS INC ADR 2.62%
- RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS 2.59%
- HDFC BANK LTD (DEMAT) 2.34%
- SK HYNIX INC 2.28%
- Fidelity Cash Central Fund 2.10%
Asset Allocation
| Weighting | Return Low | Return High | FEDMX % Rank | |
|---|---|---|---|---|
| Stocks | 97.60% | 0.00% | 107.82% | 40.73% |
| Cash | 2.97% | -2.03% | 16.88% | 23.15% |
| Convertible Bonds | 0.32% | 0.00% | 7.40% | 1.12% |
| Bonds | 0.30% | 0.00% | 88.10% | 6.00% |
| Preferred Stocks | 0.20% | 0.00% | 13.31% | 52.86% |
| Other | 0.00% | -0.46% | 26.93% | 73.50% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FEDMX % Rank | |
|---|---|---|---|---|
| Technology | 26.78% | 0.00% | 47.50% | 24.44% |
| Financial Services | 16.87% | 0.00% | 48.86% | 77.82% |
| Communication Services | 13.15% | 0.00% | 39.29% | 8.90% |
| Healthcare | 9.66% | 0.00% | 16.53% | 11.44% |
| Consumer Cyclical | 9.57% | 0.00% | 48.94% | 83.47% |
| Industrials | 7.57% | 0.00% | 43.53% | 30.37% |
| Energy | 6.15% | 0.00% | 24.80% | 21.75% |
| Consumer Defense | 5.03% | 0.00% | 25.90% | 71.75% |
| Basic Materials | 2.66% | 0.00% | 30.03% | 88.56% |
| Utilities | 1.86% | 0.00% | 39.12% | 38.14% |
| Real Estate | 0.70% | 0.00% | 17.15% | 69.21% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FEDMX % Rank | |
|---|---|---|---|---|
| Non US | 81.06% | 0.00% | 101.28% | 65.55% |
| US | 16.54% | 0.00% | 100.13% | 23.85% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FEDMX % Rank | |
|---|---|---|---|---|
| Corporate | 5.82% | 0.00% | 100.00% | 17.09% |
| Cash & Equivalents | 2.97% | 0.00% | 100.00% | 17.99% |
| Derivative | 0.00% | -0.46% | 74.21% | 71.27% |
| Securitized | 0.00% | 0.00% | 23.79% | 70.80% |
| Municipal | 0.00% | 0.00% | 0.32% | 70.80% |
| Government | 0.00% | 0.00% | 67.78% | 74.36% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FEDMX % Rank | |
|---|---|---|---|---|
| US | 0.30% | 0.00% | 66.97% | 6.00% |
| Non US | 0.00% | 0.00% | 67.28% | 71.83% |
FEDMX - Expenses
Operational Fees
| FEDMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.14% | 0.03% | 29.98% | 64.90% |
| Management Fee | 0.86% | 0.00% | 2.00% | 47.49% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 49.02% |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| FEDMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 3.50% | 5.75% | 25.84% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FEDMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FEDMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 38.00% | 0.00% | 189.00% | 42.64% |
FEDMX - Distributions
Dividend Yield Analysis
| FEDMX | Category Low | Category High | FEDMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.05% | 0.00% | 9.74% | 77.82% |
Dividend Distribution Analysis
| FEDMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
| FEDMX | Category Low | Category High | FEDMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.17% | -1.98% | 17.62% | 81.77% |
Capital Gain Distribution Analysis
| FEDMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 27, 2023 | $0.020 | OrdinaryDividend |
| Dec 08, 2023 | $0.282 | OrdinaryDividend |
| Dec 28, 2022 | $0.007 | OrdinaryDividend |
| Dec 09, 2022 | $0.135 | OrdinaryDividend |
| Dec 03, 2021 | $2.639 | OrdinaryDividend |
FEDMX - Fund Manager Analysis
Managers
John Dance
Start Date
Tenure
Tenure Rank
Feb 22, 2019
3.27
3.3%
Since joining Fidelity Investments in 2006, Mr. Dance has worked as a research analyst and portfolio manager.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.64 | 13.42 |
