Fidelity New Markets Income Fund

John Carlson blends big-picture economics with security-specific analysis to find bargain bonds in developing countries.

Symbol: FNMIX

Expense Ratio: 0.82%

Fidelity New Markets Income invests in emerging-markets government bonds issued in U.S. dollars

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John Carlson blends big-picture economics with security-specific analysis to find bargain bonds in developing countries. At last report, Mexico, Turkey and Argentina are big country bets. The fund yields 4.5%.

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