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Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Fidelity® Latin America Fund

FLATX | Fund

$19.30

$317 M

8.63%

$1.63

1.04%

Vitals

YTD Return

8.6%

1 yr return

-10.0%

3 Yr Avg Return

0.5%

5 Yr Avg Return

-3.2%

Net Assets

$317 M

Holdings in Top 10

60.4%

52 WEEK LOW AND HIGH

$18.9
$16.32
$21.54

Expenses

OPERATING FEES

Expense Ratio 1.04%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 33.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Fidelity® Latin America Fund

FLATX | Fund

$19.30

$317 M

8.63%

$1.63

1.04%

FLATX - Profile

Distributions

  • YTD Total Return 8.6%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return -2.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.99%
DIVIDENDS
  • Dividend Yield 8.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity® Latin America Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Apr 19, 1993
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    William Pruett

Fund Description

Normally investing at least 80% of assets in securities of Latin American issuers and other investments that are tied economically to Latin America. Normally investing primarily in common stocks. Allocating investments across different Latin American countries. Investing up to 35% of total assets in any industry that accounts for more than 20% of the Latin American market. 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.
Read More

FLATX - Performance

Return Ranking - Trailing

Period FLATX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.6% -2.6% 6.1% 59.09%
1 Yr -10.0% -17.7% 5.1% 86.36%
3 Yr 0.5%* -11.8% 6.6% 80.95%
5 Yr -3.2%* -8.5% 4.6% 77.78%
10 Yr -7.5%* -8.9% 0.7% 93.33%

* Annualized

Return Ranking - Calendar

Period FLATX Return Category Return Low Category Return High Rank in Category (%)
2022 -7.1% -14.4% 12.1% 85.71%
2021 -9.4% -12.2% -1.3% 61.90%
2020 -7.4% -7.7% 0.3% 80.95%
2019 8.2% 3.3% 11.8% 30.00%
2018 -2.6% -2.6% -0.4% 100.00%

Total Return Ranking - Trailing

Period FLATX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.6% -2.6% 6.1% 59.09%
1 Yr -10.0% -17.7% 5.1% 86.36%
3 Yr 0.5%* -11.8% 6.6% 80.95%
5 Yr -2.8%* -8.5% 4.6% 77.78%
10 Yr -3.3%* -8.6% 0.7% 60.00%

* Annualized

Total Return Ranking - Calendar

Period FLATX Return Category Return Low Category Return High Rank in Category (%)
2022 -7.1% -14.4% 12.1% 85.71%
2021 -9.4% -12.2% -1.3% 61.90%
2020 -7.4% -7.7% 0.3% 80.95%
2019 8.2% 3.3% 11.8% 30.00%
2018 -2.2% -2.5% -0.4% 66.67%

NAV & Total Return History

FLATX - Holdings

Concentration Analysis

FLATX Category Low Category High FLATX % Rank
Net Assets 317 M 7.18 M 6.22 B 68.18%
Number of Holdings 26 26 171 95.45%
Net Assets in Top 10 190 M 2.94 M 3.61 B 50.00%
Weighting of Top 10 60.37% 25.4% 60.4% 22.73%

Top 10 Holdings

  1. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%
  2. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%
  3. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%
  4. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%
  5. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%
  6. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%
  7. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%
  8. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%
  9. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%
  10. Petroleo Brasileiro SA Petrobras Participating Preferred 11.98%

Asset Allocation

Weighting Return Low Return High FLATX % Rank
Stocks 		99.50% 80.70% 100.00% 45.45%
Cash 		0.50% -0.03% 14.93% 68.18%
Preferred Stocks 		0.00% 0.00% 6.45% 95.45%
Other 		0.00% 0.00% 0.73% 95.45%
Convertible Bonds 		0.00% 0.00% 0.00% 95.45%
Bonds 		0.00% 0.00% 4.37% 95.45%

Stock Sector Breakdown

Weighting Return Low Return High FLATX % Rank
Financial Services 		24.46% 5.70% 35.31% 50.00%
Healthcare 		22.01% 1.37% 22.01% 22.73%
Basic Materials 		17.96% 6.29% 30.27% 72.73%
Consumer Defense 		16.00% 6.76% 16.72% 27.27%
Energy 		10.33% 3.95% 17.38% 36.36%
Industrials 		5.62% 2.78% 17.03% 81.82%
Utilities 		3.63% 0.56% 24.83% 54.55%
Technology 		0.00% 0.00% 5.06% 95.45%
Real Estate 		0.00% 0.00% 9.45% 95.45%
Communication Services 		0.00% 0.00% 7.08% 95.45%
Consumer Cyclical 		0.00% 0.00% 17.94% 95.45%

Stock Geographic Breakdown

Weighting Return Low Return High FLATX % Rank
Non US 		96.76% 74.45% 99.74% 72.73%
US 		2.74% 0.00% 6.25% 40.91%

FLATX - Expenses

Operational Fees

FLATX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.19% 2.26% 52.38%
Management Fee 0.68% 0.19% 1.10% 50.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.08% 0.15% 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 33.00% 17.00% 115.00% 60.00%

FLATX - Distributions

Dividend Yield Analysis

FLATX Category Low Category High FLATX % Rank
Dividend Yield 8.63% 0.00% 12.88% 31.82%

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 0.99% -0.05% 8.87% 86.36%

Capital Gain Distribution Analysis

FLATX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

FLATX - Fund Manager Analysis

Managers

William Pruett

Start Date

Tenure

Tenure Rank

Oct 16, 2015

6.63

6.6%

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
2.04 8.17 5.41 6.63

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