Fidelity Global Equity Income Fund (FGILX)
The fund invests in securities issued throughout the world. It invests at least 80% of assets in equity securities. The fund invests primarily in income-producing equity securities. It invests in other types of equity securities and debt securities, including lower-quality debt securities. The adviser allocates investments across different countries and regions. The adviser uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Fund Info
| ISIN | US31618H4810 |
|---|---|
| CUSIP | 31618H481 |
| Issuer | Fidelity |
| Inception Date | May 2, 2012 |
| Category | Global Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FGILX has a high expense ratio of 1.02%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FGILX vs. FWWFX, FGILX vs. VTIAX, FGILX vs. vti, FGILX vs. SPY, FGILX vs. FNILX, FGILX vs. FDGRX, FGILX vs. VT, FGILX vs. FXAIX, FGILX vs. OBIOX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Global Equity Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Global Equity Income Fund had a return of 13.05% year-to-date (YTD) and 22.61% in the last 12 months. Over the past 10 years, Fidelity Global Equity Income Fund had an annualized return of 9.12%, while the S&P 500 had an annualized return of 10.92%, indicating that Fidelity Global Equity Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.05% | 19.77% |
| 1 month | -2.49% | -0.67% |
| 6 months | 5.96% | 10.27% |
| 1 year | 22.61% | 31.07% |
| 5 years (annualized) | 10.63% | 13.22% |
| 10 years (annualized) | 9.12% | 10.92% |
Monthly Returns
The table below presents the monthly returns of FGILX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.44% | 3.46% | 3.55% | -3.06% | 4.29% | -0.20% | 3.38% | 2.72% | 1.01% | -2.79% | 13.05% | ||
| 2023 | 5.65% | -2.67% | 3.11% | 1.49% | -2.28% | 4.84% | 2.28% | -3.03% | -3.70% | -2.50% | 7.47% | 4.53% | 15.33% |
| 2022 | -2.29% | -1.96% | 1.14% | -4.95% | 0.42% | -7.27% | 5.46% | -4.19% | -8.49% | 8.23% | 7.06% | -4.14% | -11.93% |
| 2021 | -1.21% | 2.64% | 3.02% | 3.66% | 2.57% | -0.10% | 0.96% | 2.08% | -3.15% | 4.12% | -2.12% | 5.49% | 19.05% |
| 2020 | -1.54% | -7.61% | -11.06% | 9.25% | 4.29% | 2.51% | 5.29% | 4.73% | -2.85% | -3.48% | 11.51% | 5.06% | 14.49% |
| 2019 | 5.83% | 3.72% | 2.17% | 3.04% | -4.92% | 5.55% | 0.03% | -0.43% | 2.37% | 3.05% | 3.07% | 3.68% | 30.20% |
| 2018 | 4.07% | -4.91% | -2.93% | 1.01% | 0.64% | 0.07% | 2.92% | 0.35% | -0.07% | -6.06% | 1.48% | -7.37% | -10.93% |
| 2017 | 1.40% | 3.00% | 1.02% | 1.95% | 1.91% | 0.60% | 1.84% | 0.22% | 2.35% | 2.32% | 1.62% | 1.91% | 22.06% |
| 2016 | -4.28% | -0.88% | 5.84% | -0.07% | 1.00% | -1.49% | 3.29% | -0.00% | 0.98% | -1.89% | -0.25% | 1.48% | 3.42% |
| 2015 | -1.09% | 4.82% | -0.81% | 2.49% | 1.04% | -1.42% | 1.28% | -6.03% | -3.71% | 6.45% | 0.50% | -0.19% | 2.73% |
| 2014 | -3.47% | 5.10% | 1.19% | -0.48% | 2.31% | 1.79% | -1.55% | 1.64% | -2.46% | 1.65% | 1.79% | -0.26% | 7.19% |
| 2013 | 4.28% | -0.09% | 2.61% | 3.43% | 0.00% | -2.03% | 5.45% | -2.84% | 4.52% | 3.72% | 1.48% | 2.97% | 25.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FGILX is 61, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Global Equity Income Fund (FGILX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Global Equity Income Fund provided a 1.07% dividend yield over the last twelve months, with an annual payout of $0.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.23 | $0.19 | $2.19 | $0.55 | $0.24 | $0.76 | $0.35 | $0.15 | $0.37 | $1.25 | $0.49 |
Dividend yield | 1.07% | 1.25% | 1.21% | 11.94% | 3.17% | 1.51% | 6.23% | 2.41% | 1.27% | 3.06% | 10.44% | 3.95% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Global Equity Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.04 | $0.00 | $0.17 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.04 | $0.00 | $0.05 | $0.23 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.05 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $2.07 | $2.19 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.03 | $0.00 | $0.42 | $0.55 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.05 | $0.00 | $0.04 | $0.24 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.55 | $0.76 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.22 | $0.35 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.00 | $0.04 | $0.15 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.03 | $0.00 | $0.24 | $0.37 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.03 | $0.00 | $1.02 | $1.25 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.03 | $0.00 | $0.33 | $0.49 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Global Equity Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Global Equity Income Fund was 30.59%, occurring on Mar 23, 2020. Recovery took 99 trading sessions.
The current Fidelity Global Equity Income Fund drawdown is 3.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.59% | Feb 13, 2020 | 27 | Mar 23, 2020 | 99 | Aug 12, 2020 | 126 |
| -21.4% | Jan 5, 2022 | 186 | Sep 30, 2022 | 310 | Dec 26, 2023 | 496 |
| -19.28% | Jan 29, 2018 | 229 | Dec 24, 2018 | 181 | Sep 13, 2019 | 410 |
| -14.38% | May 22, 2015 | 183 | Feb 11, 2016 | 247 | Feb 3, 2017 | 430 |
| -8.43% | Jul 7, 2014 | 73 | Oct 16, 2014 | 27 | Nov 24, 2014 | 100 |
Volatility
Volatility Chart
The current Fidelity Global Equity Income Fund volatility is 2.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.