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Fidelity® New Markets Income FNMIX

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Morningstar’s Analysis

Will FNMIX outperform in future?

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Senior Analyst

Summary

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Fidelity New Markets Income’s longtime manager John Carlson stepped down from the strategy at the end of 2019. While a material event, continuity and experience aren’t lacking at the helm of the strategy and the investment process is essentially unchanged. The strategy’s cheapest share classes earn a Morningstar Analyst Rating of Silver while more expensive shares are rated Bronze and Neutral.

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