FMILX: Fidelity® New Millennium

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FMILX Fidelity® New Millennium

  • Fund
  • FMILX
  • Price as of: Dec 12, 2019
  • $38.70
    + $0.44 + 1.15%

Profile

FMILX - Profile

Vitals

  • YTD Return 24.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.6%
  • Net Assets $2.99 B
  • Holdings in Top 10 23.8%

52 WEEK LOW AND HIGH

$38.70
$30.71
$38.70

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

Fund Classification


Distributions

  • YTD Total Return 24.0%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 5.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.03%
DIVIDENDS
  • Dividend Yield 1.0%
  • 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.


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Categories

Performance

FMILX - Performance

Return Ranking - Trailing

Period FMILX Return Category Return Low Category Return High Rank in Category (%)
YTD 24.0% -15.6% 39.2% 52.23%
1 Yr -0.2% -58.2% 28.7% 93.38%
3 Yr 0.0%* -32.0% 58.6% 84.28%
5 Yr 0.6%* -26.5% 30.5% 74.13%
10 Yr 4.9%* -9.0% 14.5% 75.69%

* Annualized

Return Ranking - Calendar

Period FMILX Return Category Return Low Category Return High Rank in Category (%)
2018 -21.6% -67.0% 10.0% 83.92%
2017 10.4% -32.8% 302.5% 67.85%
2016 7.7% -26.1% 19.7% 41.36%
2015 -13.7% -82.5% 7.8% 89.47%
2014 -1.8% -28.7% 24.1% 81.54%

Total Return Ranking - Trailing

Period FMILX Return Category Return Low Category Return High Rank in Category (%)
YTD 24.0% -15.6% 39.2% 52.23%
1 Yr -0.2% -58.2% 28.7% 95.27%
3 Yr 4.9%* -21.9% 58.6% 82.58%
5 Yr 5.3%* -16.9% 30.5% 76.03%
10 Yr 9.7%* -4.1% 17.5% 70.89%

* Annualized

Total Return Ranking - Calendar

Period FMILX Return Category Return Low Category Return High Rank in Category (%)
2018 -21.6% -67.0% 10.0% 89.76%
2017 20.1% -22.1% 302.5% 44.18%
2016 14.9% -16.4% 23.8% 6.69%
2015 -13.7% -26.4% 106.5% 96.38%
2014 7.7% -24.8% 25.9% 73.83%

NAV & Total Return History


Holdings

FMILX - Holdings

Concentration Analysis

FMILX Category Low Category High FMILX % Rank
Net Assets 2.99 B 134 K 875 B 27.56%
Number of Holdings 164 2 3613 38.80%
Net Assets in Top 10 697 M 6.67 K 155 B 31.28%
Weighting of Top 10 23.84% 2.2% 1400.6% 66.44%

Top 10 Holdings

  1. General Electric Co 4.87%
  2. Bank of America Corp 2.89%
  3. Exxon Mobil Corp 2.73%
  4. Comcast Corp Class A 2.46%
  5. Berkshire Hathaway Inc B 2.30%
  6. American International Group Inc 2.13%
  7. Walmart Inc 1.80%
  8. Wells Fargo & Co 1.58%
  9. Amgen Inc 1.57%
  10. UnitedHealth Group Inc 1.52%

Asset Allocation

Weighting Return Low Return High FMILX % Rank
Stocks
96.83% -1.18% 145.87% 82.76%
Cash
1.57% -91.54% 101.18% 38.97%
Other
1.43% -1.51% 26.48% 3.63%
Bonds
0.13% -0.23% 63.47% 5.33%
Preferred Stocks
0.05% -17.98% 6.21% 6.09%
Convertible Bonds
0.00% 0.00% 9.79% 7.35%

Stock Sector Breakdown

Weighting Return Low Return High FMILX % Rank
Financial Services
21.69% 0.00% 106.34% 9.14%
Industrials
12.99% 0.00% 79.24% 17.61%
Healthcare
11.58% 0.00% 92.30% 79.85%
Consumer Cyclical
10.76% 0.00% 74.42% 43.69%
Energy
9.52% -1.47% 70.63% 1.69%
Consumer Defense
8.49% 0.00% 71.31% 29.89%
Technology
7.60% 0.00% 118.30% 95.43%
Communication Services
5.40% 0.00% 27.72% 55.88%
Utilities
3.03% -13.41% 21.36% 53.60%
Real Estate
3.02% -3.11% 64.58% 50.30%
Basic Materials
2.74% -3.81% 23.60% 28.11%

Stock Geographic Breakdown

Weighting Return Low Return High FMILX % Rank
US
83.45% 80.02% 687.00% 95.27%
Non US
13.38% -688.18% 20.06% 4.31%

Bond Sector Breakdown

Weighting Return Low Return High FMILX % Rank
Cash & Equivalents
1.57% -93.64% 101.18% 38.46%
Corporate
0.05% -17.98% 27.12% 11.80%
Derivative
0.00% -13.35% 6.19% 6.71%
Securitized
0.00% 0.00% 45.95% 6.79%
Municipal
0.00% 0.00% 0.53% 6.37%
Government
0.00% -14.58% 4.59% 9.59%

Bond Geographic Breakdown

Weighting Return Low Return High FMILX % Rank
US
0.13% -0.32% 55.63% 4.99%
Non US
0.00% 0.00% 16.47% 7.02%

Expenses

FMILX - Expenses

Operational Fees

FMILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.64% 0.00% 119.91% 75.56%
Management Fee 0.45% 0.00% 2.00% 34.74%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

FMILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

FMILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 37.00% 0.00% 838.00% 45.87%

Distributions

FMILX - Distributions

Dividend Yield Analysis

FMILX Category Low Category High FMILX % Rank
Dividend Yield 1.01% 0.00% 8.17% 16.15%

Dividend Distribution Analysis

FMILX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

FMILX Category Low Category High FMILX % Rank
Net Income Ratio 1.03% -2.85% 2.89% 54.55%

Capital Gain Distribution Analysis

FMILX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FMILX - Fund Manager Analysis

Managers

John D. Roth


Start Date

Tenure

Tenure Rank

Jul 03, 2006

13.42

13.4%

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 Category High Category Average Category Mode
0.01 33.39 6.01 0.42