Fidelity New Markets Income Fund Q1 2026 Commentary
The Fidelity New Markets Income Fund reported its performance for the first quarter of 2026. The fund's Retail Class shares returned -0.31%, which was better than the benchmark's return of -1.26%. The fund primarily invests in U.S. dollar-denominated sovereign debt and some emerging market corporate bonds.
- ▪The fund focuses on U.S. dollar-denominated sovereign debt and emerging market corporate bonds.
- ▪Emerging-markets debt returned -1.26% in Q1 2026 according to the J.P. Morgan Emerging Markets Bond Index Global Diversified Index.
- ▪The fund's Retail Class shares outperformed the benchmark with a return of -0.31%.
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