Fidelity New Markets Income
Fidelity School Street Trust 82 Devonshire Street Boston MA 02109
Map
Phone: 800-544-6666
| Category: | Emerging Markets Bond | | Fund Family: | Fidelity Investments | | Net Assets: | 2.95B | | Year-to-Date Return: | 44.36% | | Yield: | 5.75% | | Morningstar Rating: |  | | Fund Inception Date: | 04-May-93 |
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John H. Carlson
Lead Manager since
19-Jun-95 | | | Carlson is vice president and portfolio manager with Fidelity Investments, his employer since June 1995. Previously, he was executive director of emerging markets with Lehman Brothers International from 1992 to 1995. Prior to that, he was vice president of capital markets with Daiwa Securities of America from 1990 to 1992. He also served as president and chief executive officer for Security Pacific Securities and with Merrill Lynch Capital Markets as vice president and manager of hedging and arbitrage. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | NaN | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks current income; capital appreciation is a secondary objective. The fund normally invests at least 80% of assets in debt securities issued by companies and governments in emerging markets. It expects to emphasize investment in Latin America, and, to a lesser extent, Asia, Africa, and emerging European nations. The debt securities held by the fund may be below investment-grade; some securities may be in default. The advisor manages the asset allocation with regard to geographic region and currency denomination. The fund is nondiversified. |
| Last Dividend
(30-Nov-09):
| 0.07 | | Last Cap Gain
(15-Feb-08):
| 0.04 | | Annual Holdings Turnover
| 59.00% | | Average for Category:
| 99.54% |
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| Expense | FNMIX | Category
Avg | | Total Expense Ratio: | %
| 1.33% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.10% | | Max Deferred Sales Load: | %
| 2.26% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $614 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $973 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,968 |
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0.03% Nasdaq 
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