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-Nov-2016

1 month 1.12%
3 month 1.84%
6 month 5.89%
1 year 6.59%
2 year 10.03%
3 year 12.07%
5 year
7 year
10 year
YTD 4.13%
Since Inception 13.10%

Calendar year performance – as at 30-Nov-2016

Calendar year performance – as at 30-Nov-2016

Growth of $10,000 since inception³ – as at 31-Dec-2016

Growth of $10,000 since inception³ – as at 31-Dec-2016
Fund risk measures – as at 31-Dec-2016
Annual Standard Deviation 8.38
Beta 0.94

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.

Fund facts

NAVPU – Series B

$19.49 – as at 16-Jan-2017

NAVPU – Series B

$14.78 – as at 16-Jan-2017

Series inception date



Fund benchmark

Blended index**

Fund aggregate assets (all series)

$3.527 billion
as at 31-Dec-2016

Management expense ratio - Series B

2.23% – as at 30-Jun-2016

Quarterly Top Ten Holdings
J. P. Morgan Chase  
Cisco Systems  
General Electric  
Procter & Gamble  
Johnson & Johnson  
Wells Fargo  
Total number of holdings 2,436
Top 10 holdings aggregate 10.7%
Allocation to funds

Asset Mix
as at 30-Nov-2016

  Current monthLast monthTwo months ago
Foreign Equities 47.6%45.7%46.6%
Foreign Bonds 31.6%33.4%32.4%
High Yield Bonds 9.6%9.7%9.8%
Convertibles 4.4%4.3%4.3%
Investment Grade CMBS 1.9%2.1%2.2%
Other Investments 0.7%0.8%0.7%
Cash & Other 4.2%4.0%4.2%

Top historical sector mix (%)
as at 30-Nov-2016

Financials 10.6%8.8%8.4%
Real Estate 6.8%6.9%7.0%
Information Technology 6.1%6.0%6.4%
Health Care 5.7%6.0%6.5%
Consumer Discretionary 5.5%4.9%4.8%
Energy 4.6%4.5%4.8%
Industrials 4.3%4.5%4.5%
Consumer Staples 3.9%4.1%4.1%
Utilities 2.4%2.2%2.1%
Telecommunication Services 1.3%1.3%1.4%