Summary

• The fund focuses primarily on U.S. dollar-denominated sovereign debt and, to a lesser extent, on EM corporate bonds.
• Emerging-markets debt returned -1.26% in the first quarter of 2026, as measured by the J.P. Morgan Emerging Markets Bond Index Global Diversified Index.
• For the quarter, the fund's Retail Class shares returned -0.31%, outpacing the -1.26% result of the benchmark, the J.P. Morgan Emerging Markets Bond Index Global Diversified Index.

Investment Approach

• Fidelity® New Markets Income Fund is an emerging-markets (EM) bond strategy that offers dedicated exposure to sovereign debt of EM nations around the world.
• The fund focuses primarily on U.S. dollar-denominated sovereign debt and, to

961 Followers