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Fidelity Emerging Markets Discovery Fund
FEDIX (Mutual Fund)
Fidelity Emerging Markets Discovery Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-2.9%
1 yr return
-1.1%
3 Yr Avg Return
1.3%
5 Yr Avg Return
5.4%
Net Assets
$1.22 B
Holdings in Top 10
15.2%
52 WEEK LOW AND HIGH
$15.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.05%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 64.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FEDIX - Profile
Distributions
- YTD Total Return -2.9%
- 3 Yr Annualized Total Return 1.3%
- 5 Yr Annualized Total Return 5.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.90%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFidelity Emerging Markets Discovery Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateNov 01, 2011
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGreg Lee
Fund Description
Normally investing at least 80% of assets in securities of issuers in emerging markets and other investments that are tied economically to emerging markets. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics. Normally investing primarily in common stocks.Investing in either "growth" stocks or "value" stocks or both.Focusing investments in small- and medium-sized companies, but also may invest substantially in larger companies.Allocating investments across different emerging markets countries.Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
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FEDIX - Performance
Return Ranking - Trailing
| Period | FEDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.9% | -14.1% | 34.9% | 97.14% |
| 1 Yr | -1.1% | -12.7% | 33.6% | 97.14% |
| 3 Yr | 1.3%* | -11.2% | 10.6% | 13.74% |
| 5 Yr | 5.4%* | -6.5% | 10.6% | 13.05% |
| 10 Yr | 5.7%* | -1.6% | 8.6% | 10.30% |
* Annualized
Return Ranking - Calendar
| Period | FEDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.1% | -6.5% | 35.5% | 8.27% |
| 2022 | -13.4% | -50.1% | -2.4% | 2.65% |
| 2021 | -4.6% | -33.1% | 22.5% | 45.24% |
| 2020 | 16.3% | -22.1% | 80.1% | 48.61% |
| 2019 | 18.4% | -0.7% | 42.0% | 48.82% |
Total Return Ranking - Trailing
| Period | FEDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.9% | -14.1% | 34.9% | 97.14% |
| 1 Yr | -1.1% | -12.7% | 33.6% | 97.14% |
| 3 Yr | 1.3%* | -11.2% | 10.6% | 13.74% |
| 5 Yr | 5.4%* | -6.5% | 10.6% | 13.05% |
| 10 Yr | 5.7%* | -1.6% | 8.6% | 10.30% |
* Annualized
Total Return Ranking - Calendar
| Period | FEDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.8% | -1.0% | 42.0% | 9.42% |
| 2022 | -11.8% | -42.2% | 1.9% | 4.12% |
| 2021 | 6.7% | -32.5% | 33.1% | 15.60% |
| 2020 | 16.9% | -20.0% | 81.6% | 56.28% |
| 2019 | 19.6% | 2.3% | 42.0% | 58.78% |
NAV & Total Return History
FEDIX - Holdings
Concentration Analysis
| FEDIX | Category Low | Category High | FEDIX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.22 B | 682 K | 111 B | 34.62% |
| Number of Holdings | 108 | 9 | 7534 | 45.16% |
| Net Assets in Top 10 | 191 M | 290 K | 23.8 B | 48.01% |
| Weighting of Top 10 | 15.19% | 2.9% | 101.1% | 96.72% |
Top 10 Holdings
- Fidelity Securities Lending Cash Central Fund 2.09%
- SHRIRAM FINANCE LTD 1.58%
- E INK HOLDINGS INC 1.56%
- YAGEO CORP 1.54%
- COMPUTER AGE MANAGEMENT SERVICES PVT LTD 1.52%
- INTERNATIONAL GAMES SYS CO LTD 1.48%
- AMOREPACIFIC NEW 1.43%
- IMPALA PLATINUM HOLDINGS LTD 1.35%
- ALDAR PROPERTIES PJSC 1.34%
- REALTEK SEMICONDUCTOR CORP 1.31%
Asset Allocation
| Weighting | Return Low | Return High | FEDIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.83% | 0.00% | 105.03% | 10.40% |
| Cash | 2.69% | -2.03% | 98.08% | 31.34% |
| Preferred Stocks | 0.00% | 0.00% | 13.31% | 62.39% |
| Other | 0.00% | -1.11% | 39.53% | 35.04% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 10.19% |
| Bonds | 0.00% | 0.00% | 95.13% | 19.23% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FEDIX % Rank | |
|---|---|---|---|---|
| Industrials | 20.16% | 0.00% | 43.53% | 1.44% |
| Financial Services | 14.64% | 0.00% | 48.86% | 88.74% |
| Basic Materials | 12.11% | 0.00% | 30.03% | 12.70% |
| Consumer Cyclical | 11.94% | 0.00% | 48.94% | 51.80% |
| Technology | 9.86% | 0.00% | 47.50% | 95.24% |
| Real Estate | 7.93% | 0.00% | 17.15% | 2.45% |
| Healthcare | 7.63% | 0.00% | 16.53% | 16.45% |
| Consumer Defense | 5.38% | 0.00% | 25.90% | 67.82% |
| Utilities | 4.76% | 0.00% | 39.12% | 6.06% |
| Communication Services | 3.00% | 0.00% | 39.29% | 93.36% |
| Energy | 2.60% | 0.00% | 24.80% | 73.59% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FEDIX % Rank | |
|---|---|---|---|---|
| Non US | 94.57% | 0.00% | 100.52% | 14.81% |
| US | 5.26% | 0.00% | 100.95% | 73.22% |
FEDIX - Expenses
Operational Fees
| FEDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.05% | 0.03% | 29.98% | 71.43% |
| Management Fee | 0.98% | 0.00% | 2.00% | 70.04% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| FEDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FEDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 27.39% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FEDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 64.00% | 0.00% | 189.00% | 67.31% |
FEDIX - Distributions
Dividend Yield Analysis
| FEDIX | Category Low | Category High | FEDIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.98% | 0.00% | 9.74% | 41.03% |
Dividend Distribution Analysis
| FEDIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| FEDIX | Category Low | Category High | FEDIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.90% | -1.98% | 17.62% | 43.79% |
Capital Gain Distribution Analysis
| FEDIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Quarterly |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2024 | $0.613 | OrdinaryDividend |
| Dec 08, 2023 | $0.347 | OrdinaryDividend |
| Dec 28, 2022 | $0.005 | OrdinaryDividend |
| Dec 09, 2022 | $0.244 | OrdinaryDividend |
| Dec 03, 2021 | $1.904 | OrdinaryDividend |
| Dec 04, 2020 | $0.092 | OrdinaryDividend |
| Dec 13, 2019 | $0.153 | OrdinaryDividend |
| Dec 14, 2018 | $0.008 | CapitalGainShortTerm |
| Dec 14, 2018 | $0.218 | OrdinaryDividend |
| Dec 15, 2017 | $0.139 | CapitalGainShortTerm |
| Dec 15, 2017 | $0.091 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.116 | OrdinaryDividend |
| Dec 27, 2016 | $0.005 | OrdinaryDividend |
| Dec 16, 2016 | $0.064 | CapitalGainShortTerm |
| Dec 16, 2016 | $0.096 | OrdinaryDividend |
| Dec 07, 2015 | $0.087 | OrdinaryDividend |
| Dec 09, 2013 | $0.300 | CapitalGainLongTerm |
| Dec 09, 2013 | $0.055 | OrdinaryDividend |
| Dec 10, 2012 | $0.203 | CapitalGainShortTerm |
| Dec 10, 2012 | $0.059 | OrdinaryDividend |
| Dec 23, 2011 | $0.012 | OrdinaryDividend |
FEDIX - Fund Manager Analysis
Managers
Greg Lee
Start Date
Tenure
Tenure Rank
Jun 30, 2014
7.92
7.9%
Greg Lee is a portfolio manager of Fidelity Investments. Prior to joining Fidelity Investments in 2007 as a research analyst, Mr. Lee interned at American Century Investments while pursuing his MBA at New York University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.68 | 13.42 |
