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-Jul-2017

1 month -2.81% 4
3 month -7.19% 4
6 month -0.81% 4
1 year 0.34% 4
2 year 2.10% 3
3 year 8.34% 1
5 year
7 year
10 year
YTD -3.50% 4
Since Inception 10.63%

Calendar year performance – as at 31-Jul-2017

Calendar year performance – as at 31-Jul-2017

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

Growth of $10,000 since inception³ – as at 31-Jul-2017
Fund risk measures – as at 31-Jul-2017
Annual Standard Deviation 9.47
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

$18.57 – as at 18-Aug-2017

NAVPU – Series B

$14.77 – as at 18-Aug-2017

Series inception date



Fund benchmark

Blended index**

Fund aggregate assets (all series)

$3.314 billion
as at 31-Jul-2017

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

Quarterly Top Ten Holdings
J. P. Morgan Chase  
Cisco Systems  
Johnson & Johnson  
Procter & Gamble  
Bank of America  
General Electric  
Comcast, Cl. A  
Total number of holdings 2,484
Top 10 holdings aggregate 10.7%
Allocation to funds

Asset Mix
as at 30-Jun-2017

  Current monthLast monthTwo months ago
Foreign Equities 47.3%47.1%47.5%
Foreign Bonds 31.8%32.5%31.0%
High Yield Bonds 9.8%9.4%9.5%
Convertibles 4.3%4.3%4.5%
Investment Grade CMBS 1.4%1.4%1.4%
Other Investments 0.7%0.7%0.8%
Cash & Other 4.8%4.7%5.3%

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

Financials 12.2%11.5%10.8%
Information Technology 7.8%8.3%7.9%
Real Estate 7.1%6.9%6.9%
Health Care 5.2%5.0%5.1%
Consumer Discretionary 5.0%5.2%5.3%
Energy 4.0%3.9%4.3%
Industrials 3.9%3.8%4.0%
Consumer Staples 3.8%4.2%4.2%
Utilities 2.4%2.5%2.4%
Telecommunication Services 1.4%1.4%1.3%