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 for this series is not available at this time.


Annual compound performance – as at 31-May-2017

1 month -0.92% 4
3 month 1.74% 4
6 month 4.38% 4
1 year 10.53% 2
2 year 7.64% 1
3 year 10.98% 1
5 year
7 year
10 year
YTD 3.02% 4
Since Inception 12.64%

Calendar year performance – as at 31-May-2017

Calendar year performance – as at 31-May-2017

Growth of $10,000 since inception³ – as at 31-May-2017

Growth of $10,000 since inception³ – as at 31-May-2017
Fund risk measures – as at 31-May-2017
Annual Standard Deviation 8.87
Beta 0.96

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

$19.82 – as at 21-Jun-2017

NAVPU – Series B

$14.89 – as at 21-Jun-2017

Series inception date



Fund benchmark

Blended index**

Fund aggregate assets (all series)

$3.603 billion
as at 31-May-2017

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

Quarterly Top Ten Holdings
J. P. Morgan Chase  
Cisco Systems  
Procter & Gamble  
Johnson & Johnson  
General Electric  
Bank of America  
US Bancorp  
Total number of holdings 2,535
Top 10 holdings aggregate 11.0%
Allocation to funds

Asset Mix
as at 30-Apr-2017

  Current monthLast monthTwo months ago
Foreign Equities 47.5%47.8%48.0%
Foreign Bonds 31.0%31.6%32.0%
High Yield Bonds 9.5%9.5%9.4%
Convertibles 4.5%4.7%4.5%
Investment Grade CMBS 1.4%1.5%1.7%
Other Investments 0.8%0.8%0.8%
Cash & Other 5.3%4.2%3.8%

Top historical sector mix (%)
as at 30-Apr-2017

Financials 10.8%11.1%10.8%
Information Technology 7.9%7.8%7.2%
Real Estate 6.9%6.9%7.0%
Consumer Discretionary 5.3%5.4%5.2%
Health Care 5.1%5.2%5.3%
Energy 4.3%4.5%4.3%
Consumer Staples 4.2%4.1%4.1%
Industrials 4.0%4.0%4.0%
Utilities 2.4%2.4%2.4%
Telecommunication Services 1.3%1.4%1.5%