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FMILX Fidelity® New Millennium

  • Fund
  • FMILX
  • Price as of: Feb 15, 2019
  • $34.69
  • + $0.40
  • + 1.17%
  • Category
  • Large Cap Growth Equities

FMILX - Profile

Vitals

  • YTD Return 11.2%
  • 3 Yr Annualized Return 13.9%
  • 5 Yr Annualized Return 7.8%
  • Net Assets $3.08 B
  • Holdings in Top 10 22.6%

52 WEEK LOW AND HIGH

$34.69
$30.71
$43.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.64%

SALES FEES

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

BROKERAGE FEES

  • Turnover 37.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 11.2%
  • 3 Yr Annualized Total Return 13.9%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.03%
DIVIDENDS
  • Dividend Yield 0.4%
  • 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 11.2% -97.0% 25.4% 62.13% 4
1 Yr -4.3% -52.0% 75.7% 82.24% 5
3 Yr 13.9% * -15.1% 30.2% 50.21% 3
5 Yr 7.8% * -4.4% 17.8% 87.89% 5
10 Yr 15.8% * 3.4% 21.5% 29.25% 2

* Annualized

Return Ranking - Calendar

Period FMILX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -21.6% -91.4% 439.4% 82.27% 5
2017 10.4% -43.6% 104.4% 66.95% 4
2016 7.7% -56.6% 121.2% 8.16% 1
2015 -13.7% -41.2% 45.5% 87.92% 5
2014 -1.8% -30.1% 41.8% 68.99% 4

Total Return Ranking - Trailing

Period FMILX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.2% -100.0% 25.4% 62.07% 4
1 Yr -4.3% -71.3% 2606.2% 74.55% 4
3 Yr 13.9% * -21.9% 43.7% 45.29% 3
5 Yr 7.8% * -5.5% 17.8% 85.87% 5
10 Yr 15.8% * 3.2% 21.5% 27.42% 2

* Annualized

Total Return Ranking - Calendar

Period FMILX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -21.6% -91.4% 439.4% 82.86% 5
2017 10.4% -43.6% 104.4% 68.94% 4
2016 8.2% -56.6% 382.6% 13.77% 1
2015 -13.7% -41.2% 615.0% 96.70% 5
2014 7.3% -100.0% 357.8% 83.75% 5

NAV & Total Return History

FMILX - Holdings

Filings data as of: Dec 31, 2018

Concentration Analysis

FMILX Category Low Category High FMILX % Rank Quintile
Net Assets 3.08 B 373 K 182 B 7.78% 2
Number of Holdings 165 1 2074 5.14% 1
Net Assets in Top 10 647 M -5 M 48.6 B 10.73% 2
Weighting of Top 10 22.6% 0.0% 150.9% 30.72% 5

Top 10 Holdings

  1. Cisco Systems Inc 2.16%
  2. Bank of America Corporation 2.51%
  3. UnitedHealth Group Inc 2.09%
  4. Walmart Inc 2.10%
  5. Exxon Mobil Corp 2.87%
  6. American International Group Inc 1.94%
  7. Comcast Corp Class A 2.05%
  8. Berkshire Hathaway Inc B 2.23%
  9. Procter & Gamble Co 2.00%
  10. General Electric Co 2.62%

Asset Allocation

Weighting Category Low Category High FMILX % Rank Quintile
Stocks 		95.66% 0.00% 105.74% 16.20% 4
Cash 		2.59% -32.82% 100.00% 9.64% 2
Preferred Stocks 		1.57% 0.00% 9.70% 1.29% 1
Bonds 		0.14% -0.09% 70.14% 2.70% 1
Other 		0.03% -12.46% 43.47% 5.46% 2
Convertible Bonds 		0.00% 0.00% 3.20% 1.16% 4

Stock Sector Breakdown

Weighting Category Low Category High FMILX % Rank Quintile
Financial Services 		18.72% -2.38% 41.35% 4.95% 1
Consumer Defense 		12.15% -1.43% 20.13% 1.35% 1
Energy 		11.08% -1.24% 17.81% 0.64% 1
Healthcare 		10.68% -1.03% 95.40% 25.58% 5
Industrials 		10.54% -0.37% 26.98% 12.21% 3
Consumer Cyclical 		9.59% -2.22% 31.43% 27.06% 5
Technology 		8.52% -1.29% 56.64% 32.07% 5
Utilities 		6.15% -0.21% 16.66% 0.58% 1
Communication Services 		3.61% 0.00% 14.18% 7.26% 2
Basic Materials 		2.25% -1.18% 12.25% 12.47% 3
Real Estate 		1.63% -0.04% 11.06% 8.35% 2

Stock Geographic Breakdown

Weighting Category Low Category High FMILX % Rank Quintile
US 		82.48% 0.00% 105.36% 26.93% 5
Non US 		13.18% 0.00% 92.29% 3.53% 1

Bond Sector Breakdown

Weighting Category Low Category High FMILX % Rank Quintile
Cash & Equivalents 		2.59% -32.82% 100.00% 9.03% 2
Corporate 		1.58% -0.09% 44.69% 3.16% 1
Derivative 		0.00% -5.28% 10.62% 0.39% 4
Securitized 		0.00% 0.00% 16.16% 0.97% 4
Municipal 		0.00% 0.00% 5.83% 0.71% 4
Government 		0.00% 0.00% 31.76% 2.26% 4

Bond Geographic Breakdown

Weighting Category Low Category High FMILX % Rank Quintile
US 		0.14% -24.92% 59.79% 2.38% 1
Non US 		0.00% 0.00% 42.95% 1.80% 4

FMILX - Expenses

Operational Fees

FMILX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.64% 0.00% 37.77% 15.69% 1
Management Fee 0.45% 0.00% 1.44% 3.92% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 1.02% 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 37.00% 0.00% 650.00% 9.84% 2

FMILX - Distributions

Dividend Yield Analysis

FMILX Category Low Category High FMILX % Rank Quintile
Dividend Yield 0.4% 0.00% 11.75% 9.84% 1

Dividend Distribution Analysis

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

Dividend Payout History

View More History

Net Income Ratio Analysis

FMILX Category Low Category High FMILX % Rank Quintile
Net Income Ratio 1.03% -14.30% 3.70% 3.79% 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

12.59

Tenure Rank

3.9%

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

51.1

Category Average

7.9

Category Mode

1.9

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