Summary
Fidelity New Millennium Fund is a mutual fund. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 126. The ten largest make up 43% of the fund.
- Positions
- 126
- Dividend yield
- 4.53%
What speaks for it
- Average yearly growth over the last ten years: 7.6%.
What to watch
Nothing here calls for caution.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.3%
- 3 months
- +1.8%
- This year
- +13%
- 1 year
- +9.7%
- 3 years
- +72%
- 5 years
- +65%
- 10 years
- +107%
- Avg. market cap
- $2.20T
- P/E
- 25.3x
- Forward P/E
- 22.2x
- P/S
- 4.2x
- P/B
- 5.9x
- P/FCF
- 28.9x
- EV/EBITDA
- 18.1x
- Dividend yield
- 0.84%
- ROIC
- 25.2%
- ROE
- 53.4%
- Gross margin
- 55.4%
- Operating margin
- 31.4%
- Net margin
- 29.5%
- Payout ratio
- 21.3%
- Net debt/EBITDA
- 1.0x
- Beta
- 0.93
Weighted average of the 50 largest companies, which make up 72% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 NVNvidia NVDA 8.9%
- 2 AAApple AAPL 6.8%
- 3 GOAlphabet GOOGL 5.7%
- 4 MSMicrosoft MSFT 4.9%
- 5 AMAmazon AMZN 4.4%
- 6 Space Exploration Technologies Corp 3.8%
- 7 MUMicron MU 2.1%
- 8 AVBroadcom AVGO 2.1%
- 9 LLEli Lilly LLY 1.9%
- 10 VVisa V 1.8%
Positions in the fund: 126. The ten largest make up 43% of it.
Composition as of Oct 18, 2026.
Where is it spread?
By company size
- Mega cap 67%
- Large cap 31%
- Mid cap 1.3%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 92% of the fund.
Largest size group: Mega cap (67%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing over the long run- A year on average, 10 years
- +7.6%
- Deepest drop
- -22%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 7.6%. Deepest drop in these years: 22% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 4.53%
- Payments a year
- 1
- Last payment
- $3.44
Over the last 12 months it paid $3.44 per share, which is 4.53% of today's price. The last payment was $3.44 on Dec 26, 2025.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 25.3
- Average Bulios Score
- 71 out of 100
Weight by Bulios Fair Price
- Undervalued 8.2%
- Fairly valued 4.7%
- Overvalued 87%
On average the companies inside trade for 25.3 times their yearly profit. By Fair Price, 87% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 72% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FF FFLC Fidelity Fundamental Large Cap Core ETF | United States | 0.38% | $1.19B | +9.9% | Pays out | 58% |
GD GDE WisdomTree Efficient Gold Plus Equity Strategy Fund | United States | 0.20% | $455.8M | -0.4% | Pays out | 55% |
EL EL4I.DE Deka MSCI USA LC UCITS ETF | Germany | 0.30% | $145.3M | +17% | Pays out | 55% |
LD LDRX SGI Enhanced Market Leaders ETF | United States | 0.50% | $253.6M | +11% | Pays out | 55% |
MG MGC Vanguard Morningstar Mega Cap ETF | United States | 0.05% | $11.0B | +12% | Pays out | 55% |
BI BIGY YieldMax Target 12 Big 50 Option Income ETF | United States | 1.09% | $53.8M | -4.3% | Pays out | 54% |