Fidelity® Latin America
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-8.1%
1 yr return
13.3%
3 Yr Avg Return
1.1%
5 Yr Avg Return
1.6%
Net Assets
$317 M
Holdings in Top 10
58.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.06%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 54.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Latin America Stock
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
FLATX - Profile
Distributions
- YTD Total Return -8.1%
- 3 Yr Annualized Total Return 1.1%
- 5 Yr Annualized Total Return 1.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.48%
- Dividend Yield 0.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity® Latin America Fund
-
Fund Family NameFidelity Investments
-
Inception DateApr 19, 1993
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWilliam Pruett
Fund Description
The fund normally invests at least 80% of assets in securities of Latin American issuers and other investments that are tied economically to Latin America. It normally invests primarily in common stocks and allocates investment across different Latin American countries. The fund invests up to 35% of total assets in any industry that accounts for more than 20% of the Latin American market. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.
FLATX - Performance
Return Ranking - Trailing
| Period | FLATX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -8.1% | -11.4% | 2.9% | 60.00% |
| 1 Yr | 13.3% | 12.2% | 30.3% | 88.46% |
| 3 Yr | 1.1%* | -3.5% | 14.2% | 62.50% |
| 5 Yr | 1.6%* | -0.3% | 10.1% | 65.22% |
| 10 Yr | -2.5%* | -3.5% | 4.5% | 78.26% |
* Annualized
Return Ranking - Calendar
| Period | FLATX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -20.6% | -22.4% | 1.0% | 68.00% |
| 2019 | 37.1% | 10.2% | 47.4% | 16.67% |
| 2018 | -12.5% | -14.7% | -2.6% | 90.48% |
| 2017 | 28.5% | 9.7% | 48.5% | 31.58% |
| 2016 | 16.7% | 16.7% | 61.2% | 100.00% |
Total Return Ranking - Trailing
| Period | FLATX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -8.1% | -10.5% | 2.9% | 64.00% |
| 1 Yr | 13.3% | 6.5% | 30.3% | 84.62% |
| 3 Yr | 1.1%* | -4.4% | 14.2% | 62.50% |
| 5 Yr | 1.6%* | -0.5% | 10.1% | 65.22% |
| 10 Yr | -2.5%* | -3.5% | 4.5% | 78.26% |
* Annualized
Total Return Ranking - Calendar
| Period | FLATX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -20.6% | -22.4% | 1.0% | 68.00% |
| 2019 | 37.1% | 10.2% | 47.4% | 16.67% |
| 2018 | -10.4% | -14.7% | -2.6% | 57.14% |
| 2017 | 30.5% | 9.7% | 48.5% | 21.05% |
| 2016 | 19.6% | 18.4% | 61.2% | 84.21% |
NAV & Total Return History
FLATX - Holdings
Concentration Analysis
| FLATX | Category Low | Category High | FLATX % Rank | |
|---|---|---|---|---|
| Net Assets | 317 M | 4.4 M | 4.92 B | 38.46% |
| Number of Holdings | 30 | 30 | 173 | 96.15% |
| Net Assets in Top 10 | 205 M | 1.67 M | 2.66 B | 38.46% |
| Weighting of Top 10 | 58.75% | 22.7% | 62.8% | 23.08% |
Top 10 Holdings
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
- Petroleo Brasileiro SA Petrobras Participating Preferred 10.74%
Asset Allocation
| Weighting | Return Low | Return High | FLATX % Rank | |
|---|---|---|---|---|
| Stocks | 98.88% | 63.45% | 100.34% | 69.23% |
| Cash | 1.12% | -0.81% | 24.60% | 46.15% |
| Preferred Stocks | 0.00% | 0.00% | 0.62% | 84.62% |
| Other | 0.00% | 0.00% | 0.74% | 84.62% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 84.62% |
| Bonds | 0.00% | 0.00% | 11.96% | 84.62% |
FLATX - Expenses
Operational Fees
| FLATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.06% | 0.19% | 2.72% | 60.00% |
| Management Fee | 0.69% | 0.19% | 1.10% | 42.31% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.08% | 0.25% | N/A |
Sales Fees
| FLATX 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% | 1.00% | N/A |
Trading Fees
| FLATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | 91.67% |
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.
| FLATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 54.00% | 10.21% | 250.37% | 53.85% |
FLATX - Distributions
Dividend Yield Analysis
| FLATX | Category Low | Category High | FLATX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.06% | 0.00% | 0.00% | 84.62% |
Dividend Distribution Analysis
| FLATX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| FLATX | Category Low | Category High | FLATX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.48% | -0.62% | 2.86% | 68.00% |
Capital Gain Distribution Analysis
| FLATX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 31, 2018 | $0.020 |
| Dec 10, 2018 | $0.483 |
| Dec 29, 2017 | $0.080 |
| Dec 11, 2017 | $0.291 |
| Dec 30, 2016 | $0.080 |
| Dec 12, 2016 | $0.393 |
| Dec 29, 2015 | $0.028 |
| Dec 07, 2015 | $0.345 |
| Dec 08, 2014 | $0.403 |
| Dec 27, 2013 | $0.050 |
| Dec 09, 2013 | $0.656 |
| Dec 10, 2012 | $0.969 |
| Dec 29, 2011 | $0.015 |
| Dec 05, 2011 | $0.800 |
| Dec 31, 2010 | $0.030 |
| Sep 30, 2010 | $0.794 |
| Dec 31, 2009 | $0.089 |
| Dec 07, 2009 | $0.595 |
| Dec 31, 2008 | $0.109 |
| Dec 08, 2008 | $0.347 |
| Jan 02, 2007 | $0.030 |
| Dec 30, 2005 | $0.109 |
| Dec 30, 2004 | $0.010 |
| Dec 13, 2004 | $0.287 |
| Dec 15, 2003 | $0.227 |
| Dec 16, 2002 | $0.168 |
| Dec 17, 2001 | $0.247 |
| Jan 02, 2001 | $0.020 |
| Dec 18, 2000 | $0.049 |
| Dec 06, 1999 | $0.138 |
| Dec 31, 1998 | $0.020 |
| Dec 07, 1998 | $0.227 |
| Dec 08, 1997 | $0.198 |
| Dec 09, 1996 | $0.227 |
| Dec 29, 1995 | $0.010 |
| Dec 11, 1995 | $0.109 |
| Dec 13, 1993 | $0.109 |
FLATX - Fund Manager Analysis
Managers
William Pruett
Start Date
Tenure
Tenure Rank
Oct 16, 2015
5.96
6.0%
Since joining Fidelity Investments in 2008, Mr. Pruett has worked as a research analyst and a portfolio manager.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.75 | 13.76 | 6.23 | 10.46 |