Fidelity U.S. Monthly Income Fund

Investment Strategy

Fidelity U.S. Monthly Income Fund invests primarily in high-quality U.S. dividend-paying equities and high-yielding fixed-income securities, to aim to deliver U.S. income and the potential for capital appreciation.

Performance

Performance for this series is not available at this time.

Performance

Annual compound performance – as at 28-Feb-2017

PERIOD Fund
1 month 4.08%
3 month 2.59%
6 month 4.48%
1 year 11.56%
2 year 6.29%
3 year 10.80%
5 year
7 year
10 year
YTD 1.26%
Since Inception 12.98%

Calendar year performance – as at 28-Feb-2017

Calendar year performance – as at 28-Feb-2017

Growth of $10,000 since inception³ – as at 28-Feb-2017

Growth of $10,000 since inception³ – as at 28-Feb-2017
Fund risk measures – as at 28-Feb-2017
  Fund
Annual Standard Deviation 8.69
Beta 0.96
0.99

Risk measures are based on 3-year net returns (series B). (All returns are calculated in Canadian currency.) 

Volatility meter

Low to Medium

A fund’s volatility is determined using a statistical measure called “standard deviation". Standard deviation measures the amount of variability of returns that has historically occurred relative to the average return. The higher the standard deviation of a fund, the greater the range of returns it has experienced in the past. Other types of risk, both measurable and non-measurable, exist. In addition, just as historical performance may not be indicative of future returns, a fund’s historical volatility may not be indicative of its future volatility.

PM - Stein Wolf - A team approach to asset allocation - EN

Fund facts

NAVPU – Series B

$19.75 – as at 24-Mar-2017

NAVPU – Series B

$14.77 – as at 24-Mar-2017

Series inception date

07-Nov-2012

07-Nov-2012

Fund benchmark

Blended index**

Fund aggregate assets (all series)

$3.593 billion
as at 28-Feb-2017

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

 
Quarterly Top Ten Holdings
J. P. Morgan Chase  
WILLIAMS COMPANIES INC  
Cisco Systems  
General Electric  
Chevron  
Procter & Gamble  
iShares TIPS Bond ETF  
Johnson & Johnson  
Chubb  
Wells Fargo  
M&T Bank  
Total number of holdings 2,436
Top 10 holdings aggregate 10.5%
Allocation to funds

Asset Mix
as at 31-Jan-2017

  Current monthLast monthTwo months ago
Foreign Equities 47.3%46.9%47.6%
Foreign Bonds 30.4%32.3%31.6%
High Yield Bonds 9.5%9.5%9.6%
Convertibles 4.4%4.4%4.4%
Investment Grade CMBS 1.9%1.8%1.9%
Other Investments 0.8%0.7%0.7%
Cash & Other 5.6%4.5%4.2%

Top historical sector mix (%)
as at 31-Jan-2017

Financials 10.3%9.9%10.6%
Real Estate 6.9%7.0%6.8%
Information Technology 6.6%6.0%6.1%
Consumer Discretionary 5.5%5.3%5.5%
Health Care 5.1%5.7%5.7%
Energy 4.6%4.5%4.6%
Industrials 4.1%4.1%4.3%
Consumer Staples 4.0%4.2%3.9%
Utilities 2.3%2.5%2.4%
Telecommunication Services 1.5%1.4%1.3%
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