FNMIX

About FNMIX

Fidelity New Markets Income Fund is a mutual fund focused on delivering high current income by investing primarily in fixed-income securities issued by governments and corporations within emerging markets. The fund typically allocates at least 80% of its assets to bonds and related investments tied to emerging economies, as defined by indices such as MSCI and classifications by the World Bank. Its portfolio is notable for exposure to sovereign and corporate debt from countries characterized by developing market infrastructures and evolving economic frameworks. Launched in 1993, the fund holds a substantial and diversified asset base, with several hundred individual securities representing a variety of regions and industries. Managed by Fidelity, this fund plays a significant role in the broader fixed-income landscape, providing investors with access to the potential yield and diversification benefits associated with emerging market debt. Regular dividend distributions and a focus on income generation make it a well-recognized option in the emerging markets bond category.