The Fidelity New Millennium Fund (FMILX) is an actively managed fund designed to aggressively increase investor capital. The fund’s management looks for various technological advances, innovations, economic plans, demographics, social attitudes and other factors to create a portfolio of “disruptors”, or small- and mid-cap game-changing stocks. The fund is not bound by sector or style and can hold growth or value stocks as it sees fit. Expenses for FMILX are low.
Given its potential for high growth and high losses, FMILX is very much a tactical position and not a core holding. The fund is managed by Fidelity.
| Period | FMILX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | 8.2% | -97.0% | 17.4% | 4.26% | 1 |
| 1 Yr | 0.9% | -28.3% | 24.3% | 43.54% | 3 |
| 3 Yr | 8.0% * | 0.2% | 17.7% | 82.36% | 5 |
| 5 Yr | 11.4% * | 1.6% | 16.2% | 49.78% | 3 |
| 10 Yr | 9.0% * | 0.4% | 13.1% | 23.25% | 2 |
* Annualized
| Period | FMILX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2015 | -13.7% | -38.0% | 13.6% | 88.02% | 5 |
| 2014 | N/A | -0.7% | 12.3% | N/A | N/A |
| 2013 | N/A | 23.9% | 43.4% | N/A | N/A |
| 2012 | N/A | 10.8% | 19.6% | N/A | N/A |
| 2011 | N/A | -12.1% | 12.5% | N/A | N/A |
| Period | FMILX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | 8.2% | -97.0% | 13.2% | 3.90% | 1 |
| 1 Yr | 0.9% | -28.3% | 22.0% | 34.86% | 2 |
| 3 Yr | 8.0% * | -1.0% | 17.7% | 77.70% | 4 |
| 5 Yr | 11.4% * | 0.4% | 16.2% | 43.59% | 3 |
| 10 Yr | 9.0% * | -0.1% | 13.1% | 21.62% | 2 |
* Annualized
| Period | FMILX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2015 | -13.7% | -38.0% | 17.4% | 88.06% | 5 |
| 2014 | N/A | -0.7% | 13.1% | N/A | N/A |
| 2013 | N/A | 32.4% | 62.9% | N/A | N/A |
| 2012 | N/A | 15.7% | 23.1% | N/A | N/A |
| 2011 | N/A | -14.3% | 13.3% | N/A | N/A |
| FMILX | Category Low | Category High | FMILX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Assets | 3.01 B | 373 K | 146 B | 5.66% | 2 |
| Number of Holdings | 169 | 1 | 2190 | 4.31% | 1 |
| Net Assets in Top 10 | 537 M | 0 | 33.1 B | 9.32% | 2 |
| Weighting of Top 10 | 18.3% | 0.0% | 150.9% | 28.41% | 5 |
| Weighting | Category Low | Category High | FMILX % Rank | Quintile | |
|---|---|---|---|---|---|
| Stocks | 99.44% | 0.00% | 109.00% | 3.02% | 1 |
| Cash | 0.42% | -9.00% | 100.00% | 19.02% | 5 |
| Bonds | 0.14% | 0.00% | 76.29% | 2.25% | 1 |
| Convertible Bonds | 0.00% | 0.00% | 2.81% | 0.84% | 4 |
| Preferred Stocks | 0.00% | 0.00% | 4.61% | 2.31% | 4 |
| Other | 0.00% | -1.32% | 24.55% | 6.88% | 5 |
| Weighting | Category Low | Category High | FMILX % Rank | Quintile | |
|---|---|---|---|---|---|
| Financial Services | 17.63% | -2.38% | 40.17% | 3.28% | 1 |
| Technology | 16.90% | -1.29% | 52.19% | 22.62% | 5 |
| Energy | 16.80% | -2.01% | 16.80% | 0.06% | 1 |
| Consumer Cyclical | 12.01% | -2.22% | 41.71% | 21.92% | 4 |
| Industrials | 9.86% | -0.37% | 29.48% | 14.72% | 3 |
| Healthcare | 9.50% | -1.03% | 98.63% | 25.32% | 5 |
| Consumer Defense | 5.05% | -1.43% | 30.67% | 20.37% | 4 |
| Basic Materials | 4.79% | -1.18% | 12.09% | 3.28% | 1 |
| Utilities | 3.32% | -0.18% | 16.29% | 2.38% | 1 |
| Communication Services | 2.03% | 0.00% | 12.93% | 16.00% | 4 |
| Real Estate | 0.73% | 0.00% | 11.43% | 11.57% | 3 |
| Weighting | Category Low | Category High | FMILX % Rank | Quintile | |
|---|---|---|---|---|---|
| US | 87.04% | 0.00% | 109.00% | 22.04% | 4 |
| Non US | 12.40% | -0.01% | 91.03% | 3.15% | 1 |
| Weighting | Category Low | Category High | FMILX % Rank | Quintile | |
|---|---|---|---|---|---|
| Cash & Equivalents | 0.44% | -11.78% | 100.00% | 19.25% | 4 |
| Corporate | 0.13% | 0.00% | 51.58% | 3.62% | 1 |
| Municipal | 0.00% | 0.00% | 5.83% | 0.58% | 4 |
| Government | 0.00% | 0.00% | 28.25% | 1.94% | 4 |
| Securitized | 0.00% | 0.00% | 17.50% | 0.71% | 4 |
| Derivative | -0.02% | -5.28% | 10.62% | 0.78% | 5 |
| Weighting | Category Low | Category High | FMILX % Rank | Quintile | |
|---|---|---|---|---|---|
| Non US | 0.14% | 0.00% | 42.95% | 1.09% | 1 |
| US | 0.00% | -24.92% | 63.80% | 2.57% | 4 |
| FMILX Fees (% of AUM) | Category Low | Category High | Rank in Category (%) | Quintile | |
|---|---|---|---|---|---|
| Expense Ratio | 0.72% | 0.00% | 24.91% | 14.15% | 1 |
| Management Fee | 0.53% | 0.00% | 1.50% | 3.41% | 2 |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A | N/A |
| Administrative Fee | N/A | 0.00% | 1.00% | N/A | N/A |
| FMILX Fees (% of AUM) | Category Low | Category High | FMILX Rank | Quintile | |
|---|---|---|---|---|---|
| Front Load | N/A | 1.50% | 8.50% | N/A | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A | N/A |
| FMILX Fees (% of AUM) | Category Low | Category High | FMILX Rank | Quintile | |
|---|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.05% | 5.00% | N/A | N/A |
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.
| FMILX Fees (% of AUM) | Category Low | Category High | FMILX Rank | Quintile | |
|---|---|---|---|---|---|
| Turnover | 57.00% | 0.00% | 437.00% | 7.59% | 3 |
| FMILX | Category Low | Category High | FMILX % Rank | Quintile | |
|---|---|---|---|---|---|
| Dividend Yield | 0.2% | 0.00% | 2.85% | 18.35% | 1 |
| FMILX | Category Low | Category High | Category Mode | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
| Date | Amount |
|---|---|
| Dec 16, 2013 | $0.192 |
| Dec 17, 2012 | $0.370 |
| Dec 19, 2011 | $0.133 |
| Dec 20, 2010 | $0.030 |
| Dec 18, 2009 | $0.105 |
| Dec 22, 2008 | $0.110 |
| Dec 19, 2008 | $0.110 |
| Jan 11, 2008 | $0.080 |
| Dec 21, 2007 | $3.900 |
| Mar 03, 2006 | $0.830 |
| Jan 30, 2004 | $0.069 |
| Dec 22, 2003 | $0.010 |
| Oct 31, 2002 | $0.071 |
| Jul 31, 2002 | $0.063 |
| Jun 28, 2002 | $0.058 |
| Jan 05, 2001 | $0.530 |
| Dec 22, 2000 | $9.080 |
| Jan 07, 2000 | $1.030 |
| Dec 17, 1999 | $6.300 |
| Jan 08, 1999 | $0.070 |
| Dec 18, 1998 | $1.870 |
| Jan 02, 1998 | $0.070 |
| Dec 26, 1997 | $2.850 |
| Jan 03, 1997 | $0.040 |
| Dec 13, 1996 | $0.510 |
| Jan 05, 1996 | $0.090 |
| Dec 15, 1995 | $1.350 |
| Jan 06, 1995 | $0.050 |
| Dec 09, 1994 | $0.240 |
| Jan 01, 1900 | $0.040 |
| Jan 01, 1900 | $0.260 |
| FMILX | Category Low | Category High | FMILX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Income Ratio | 1.00% | -5.94% | 3.70% | 3.86% | 1 |
| FMILX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Daily | Annually |
Manager
Start Date
Jul 03, 2006Tenure
10.08
Tenure Rank
3.8%
Mr. Roth is a portfolio manager of Fidelity Investments. He joined Fidelity Investments as a research analyst in 1999. Previously, he was an equity trader with Tucker Anthony in Boston from 1992 to 1997.
Category Low
0.0
Category High
48.6
Category Average
7.08
Category Mode
1.6
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