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-Mar-2017

1 month -0.49% 4
3 month 0.77% 4
6 month 4.15% 2
1 year 10.94% 1
2 year 5.61% 1
3 year 10.27% 1
5 year
7 year
10 year
YTD 0.77% 4
Since Inception 12.58%

Calendar year performance – as at 31-Mar-2017

Calendar year performance – as at 31-Mar-2017

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

Growth of $10,000 since inception³ – as at 31-Mar-2017
Fund risk measures – as at 31-Mar-2017
Annual Standard Deviation 8.73
Beta 0.95

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

$20.28 – as at 26-Apr-2017

NAVPU – Series B

$14.90 – as at 26-Apr-2017

Series inception date



Fund benchmark

Blended index**

Fund aggregate assets (all series)

$3.571 billion
as at 31-Mar-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 28-Feb-2017

  Current monthLast monthTwo months ago
Foreign Equities 48.0%47.3%46.9%
Foreign Bonds 32.0%30.4%32.3%
High Yield Bonds 9.4%9.5%9.5%
Convertibles 4.5%4.4%4.4%
Investment Grade CMBS 1.7%1.9%1.8%
Other Investments 0.8%0.8%0.7%
Cash & Other 3.8%5.6%4.5%

Top historical sector mix (%)
as at 28-Feb-2017

Financials 10.8%10.3%9.9%
Information Technology 7.2%6.6%6.0%
Real Estate 7.0%6.9%7.0%
Health Care 5.3%5.1%5.7%
Consumer Discretionary 5.2%5.5%5.3%
Energy 4.3%4.6%4.5%
Consumer Staples 4.1%4.0%4.2%
Industrials 4.0%4.1%4.1%
Utilities 2.4%2.3%2.5%
Telecommunication Services 1.5%1.5%1.4%