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FMILX Fidelity® New Millennium

  • Fund
  • FMILX
  • Price as of: Dec 06, 2016
  • $37.95
  • + $0.14
  • + 0.37%
  • Category
  • Large Cap Growth Equities

FMILX - Profile

Vitals

  • YTD Return 13.4%
  • 3 Yr Annualized Return 6.5%
  • 5 Yr Annualized Return 13.3%
  • Net Assets $3.04 B
  • Holdings in Top 10 19.2%

52 WEEK LOW AND HIGH

$37.95
$29.05
$37.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.72%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 57.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 13.9%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 13.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.00%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® New Millennium Fund®
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 28, 1992
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager John D. Roth

Fund Description

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.

FMILX - Performance

Return Ranking - Trailing

Period FMILX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.4% -97.0% 126.7% 1.56% 1
1 Yr 8.5% -52.0% 75.7% 6.35% 1
3 Yr 6.5% * -15.1% 30.2% 49.15% 3
5 Yr 13.3% * 3.8% 18.5% 29.15% 2
10 Yr 8.3% * -0.3% 11.9% 10.55% 1

* Annualized


Return Ranking - Calendar

Period FMILX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -13.7% -52.0% 11.4% 84.61% 5
2014 -1.8% -40.3% 19.3% 63.09% 4
2013 30.1% -11.8% 56.4% 34.60% 2
2012 4.8% -21.6% 29.1% 89.27% 5
2011 -0.7% -36.6% 14.5% 27.22% 2

Total Return Ranking - Trailing

Period FMILX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 13.9% -97.0% 131.7% 1.31% 1
1 Yr 8.5% -71.3% 2606.2% 5.65% 1
3 Yr 6.5% * -21.9% 43.7% 50.07% 3
5 Yr 13.3% * 2.6% 19.7% 32.77% 2
10 Yr 8.3% * -0.9% 11.9% 14.03% 1

* Annualized


Total Return Ranking - Calendar

Period FMILX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -13.7% -38.0% 19.0% 94.89% 5
2014 7.3% -17.3% 28.8% 82.31% 5
2013 45.1% -2.9% 382.6% 55.90% 3
2012 22.0% -13.0% 615.0% 55.14% 3
2011 3.6% -100.0% 67.8% 12.50% 1

NAV & Total Return History

FMILX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

FMILX Category Low Category High FMILX % Rank Quintile
Net Assets 3.04 B 373 K 146 B 7.13% 2
Number of Holdings 174 1 2199 4.31% 1
Net Assets in Top 10 595 M 0 36 B 10.15% 2
Weighting of Top 10 19.2% 0.0% 150.9% 30.46% 5

Top 10 Holdings

  1. Chevron Corp 1.81%
  2. Facebook Inc A 1.91%
  3. Verizon Communications Inc 1.70%
  4. Cisco Systems Inc 2.28%
  5. Visa Inc Class A 1.58%
  6. Eurofins Scientific SE 1.75%
  7. Williams Companies Inc 2.18%
  8. Amgen Inc 1.48%
  9. Apple Inc 1.65%
  10. Bank of America Corporation 1.47%

Asset Allocation

Weighting Category Low Category High FMILX % Rank Quintile
Stocks
94.93% 0.00% 110.73% 18.25% 4
Other
2.71% -1.57% 24.55% 1.09% 1
Cash
2.24% -10.73% 100.00% 12.47% 2
Bonds
0.13% -0.14% 76.74% 2.96% 1
Convertible Bonds
0.00% 0.00% 3.55% 0.84% 4
Preferred Stocks
0.00% 0.00% 5.54% 2.70% 4

Stock Sector Breakdown

Weighting Category Low Category High FMILX % Rank Quintile
Technology
20.35% -1.29% 53.71% 22.88% 4
Financial Services
16.71% -2.38% 33.61% 4.31% 1
Energy
14.09% -1.24% 16.88% 0.39% 1
Industrials
10.46% -0.37% 25.68% 13.50% 3
Healthcare
9.57% -1.03% 91.28% 26.22% 5
Consumer Cyclical
9.14% -2.22% 49.24% 28.21% 5
Consumer Defense
4.50% -1.43% 27.63% 21.98% 4
Basic Materials
3.55% -1.18% 12.25% 6.62% 2
Utilities
3.03% -0.64% 11.30% 2.70% 1
Communication Services
1.79% 0.00% 12.93% 17.42% 4
Real Estate
0.65% -0.04% 11.06% 12.72% 3

Stock Geographic Breakdown

Weighting Category Low Category High FMILX % Rank Quintile
US
83.11% 0.00% 110.73% 26.61% 5
Non US
11.82% 0.00% 89.90% 3.66% 1

Bond Sector Breakdown

Weighting Category Low Category High FMILX % Rank Quintile
Cash & Equivalents
2.30% -72.78% 100.00% 11.89% 2
Corporate
0.12% -0.14% 51.31% 4.13% 1
Municipal
0.00% 0.00% 5.83% 0.58% 4
Government
0.00% 0.00% 80.64% 2.07% 4
Securitized
0.00% 0.00% 15.17% 0.84% 4
Derivative
-0.06% -5.28% 10.62% 0.78% 5

Bond Geographic Breakdown

Weighting Category Low Category High FMILX % Rank Quintile
Non US
0.13% 0.00% 42.95% 1.03% 1
US
0.00% -24.92% 63.33% 3.15% 4

FMILX - Expenses

Operational Fees

FMILX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.72% 0.00% 24.91% 14.47% 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

Sales Fees

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

Trading Fees

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 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.

FMILX Fees (% of AUM) Category Low Category High FMILX Rank Quintile
Turnover 57.00% 0.00% 601.00% 7.78% 3

FMILX - Distributions

Dividend Yield Analysis

FMILX Category Low Category High FMILX % Rank Quintile
Dividend Yield 0.2% 0.00% 2.85% 18.35% 1

Dividend Distribution Analysis

FMILX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FMILX Category Low Category High FMILX % Rank Quintile
Net Income Ratio 1.00% -7.69% 3.70% 3.99% 1

Capital Gain Distribution Analysis

FMILX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FMILX - Managers

John D. Roth

Manager

Start Date

Jul 03, 2006

Tenure

10.34

Tenure Rank

5.0%

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.


Tenure Analysis

Category Low

0.0

Category High

49.0

Category Average

7.2

Category Mode

1.9