Fidelity Global Equity Income Fund (FGILX)

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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.

Fidelity Global Equity Income Fund (FGILX) has returned -3.26% so far this year and 16.18% over the past 12 months. Over the last ten years, FGILX has returned 10.82% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since May 3, 2012, FGILX's average daily return is +0.04%, while the average monthly return is +0.90%. At this rate, your investment would double in approximately 6.4 years.

Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +11.5%, while the worst month was Mar 2020 at -11.1%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FGILX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +7.2%, while the worst single day was Mar 16, 2020 at -9.9%.

Fidelity Global Equity Income Fund has an annualized alpha of 1.45%, beta of 0.77, and R² of 0.89 versus S&P 500 Index. Calculated based on daily prices since May 04, 2012.

• This fund participated in 84.66% of S&P 500 Index downside but only 83.40% of its upside — more exposed to losses than it benefited from rallies.

FGILX has a high expense ratio of 1.02%, indicating above-average management fees.

FGILX ranks 62 for risk / return — better than 62% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Fidelity Global Equity Income Fund (FGILX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Global Equity Income Fund provided a 2.13% dividend yield over the last twelve months, with an annual payout of $0.51 per share. The fund has been increasing its distributions for 3 consecutive years.

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.

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.

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 8.66%.

The chart below shows the rolling one-month volatility.