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 30-Sep-2017

1 month 0.86% 2
3 month -1.93% 4
6 month -3.36% 4
1 year 0.64% 4
2 year 4.24% 4
3 year 7.70% 1
5 year
7 year
10 year
YTD -2.62% 4
Since Inception 10.45%

Calendar year performance – as at 30-Sep-2017

Calendar year performance – as at 30-Sep-2017

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

Growth of $10,000 since inception³ – as at 31-Aug-2017
Fund risk measures – as at 30-Sep-2017
Annual Standard Deviation 9.45
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

$18.76 – as at 18-Oct-2017

NAVPU – Series B

$15.05 – as at 18-Oct-2017

Series inception date



Fund benchmark

Blended index**

Fund aggregate assets (all series)

$3.270 billion
as at 30-Sep-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  
Comcast, Cl. A  
US Bancorp  
Total number of holdings 2,470
Top 10 holdings aggregate 10.7%
Allocation to funds

Asset Mix
as at 31-Aug-2017

  Current monthLast monthTwo months ago
Foreign Equities 47.1%47.5%47.3%
Foreign Bonds 31.9%31.7%31.8%
High Yield Bonds 9.5%9.6%9.8%
Convertibles 4.3%4.3%4.3%
Investment Grade CMBS 1.3%1.3%1.4%
Other Investments 0.7%0.7%0.7%
Cash & Other 5.2%4.9%4.8%

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

Financials 12.0%12.3%12.2%
Information Technology 7.9%7.8%7.8%
Real Estate 7.3%7.2%7.1%
Consumer Discretionary 5.1%5.1%5.0%
Health Care 5.0%5.1%5.2%
Energy 3.9%4.1%4.0%
Industrials 3.9%3.9%3.9%
Consumer Staples 3.7%3.8%3.8%
Utilities 2.5%2.5%2.4%
Telecommunication Services 1.4%1.4%1.4%