FMILX Performance — Fidelity New Millennium Fund
Data updated: 2026-07-24
FMILX returned +11.95% year to date and +31.66% over one year to May 2026. Annualised returns are +25.69% over 3 years and +16.37% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $199, against $165 for the category, and to $132 over one year, against $122. Volatility over the past three years was 14.04% a year. In the 12 months to May 2026 the fund lost a net $127.4M, and assets reached $5.92B.
FMILX Growth of $100
What $100 invested in Fidelity New Millennium Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | FMILX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $132 | $122 |
| 3 years (Jun 2023 – May 2026) | $199 | $165 |
| 5 years (Jun 2021 – May 2026) | $213 | $164 |
| Since data start (Sep 2019 – May 2026) | $303 | $229 |
FMILX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.95% |
| 1 year | +31.66% |
| 3 years (annualised) | +25.69% |
| 5 years (annualised) | +16.37% |
FMILX Annual Returns
Calendar-year total returns of Fidelity New Millennium Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +11.95% |
| 2025 | +18.68% |
| 2024 | +28.82% |
| 2023 | +25.34% |
| 2022 | −1.56% |
| 2021 | +23.43% |
| 2020 | +5.81% |
| 2019 (Sep–Dec) | +9.97% |
FMILX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.8% | +0.3% | −5.2% | +10.4% | +4.7% | — | — | — | — | — | — | — |
| 2025 | +3.6% | −2.9% | −6.5% | −0.1% | +7.3% | +6.3% | +2.7% | +1.3% | +2.5% | +2.2% | −0.2% | +1.7% |
| 2024 | +2.2% | +8.0% | +3.7% | −3.7% | +5.7% | +2.2% | +0.2% | +2.0% | +2.4% | −0.2% | +6.2% | −2.4% |
| 2023 | +7.1% | −2.5% | +2.3% | +0.7% | +0.4% | +7.0% | +3.1% | −1.2% | −4.6% | −2.3% | +9.0% | +4.8% |
| 2022 | −0.7% | +1.1% | +1.9% | −5.7% | +3.7% | −9.3% | +7.0% | −2.0% | −8.1% | +11.7% | +5.2% | −4.2% |
| 2021 | −0.6% | +8.3% | +5.8% | +3.8% | +3.3% | −0.7% | −0.5% | +1.3% | −2.6% | +3.9% | −5.4% | +5.6% |
| 2020 | −2.0% | −8.4% | −19.5% | +10.9% | +4.7% | +1.1% | +3.6% | +3.0% | −2.3% | −1.4% | +15.2% | +5.3% |
| 2019 | — | — | — | — | — | — | — | — | +2.0% | +2.0% | +3.5% | +2.1% |
FMILX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 14.04%
- 3-year Sharpe ratio: 1.51 (vs 4.5% risk-free rate)
- Best month: +10.43% (Apr 2026)
- Worst month: −6.48% (Mar 2025)
FMILX Fund Flows
Monthly money in and out of Fidelity New Millennium Fund, from SEC Form N-PORT.
- 12-month net flow: −$127.4M
- 12-month gross sales (incl. reinvestments): $722.5M
- Sales ÷ redemptions: 0.85×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $65.8M | $64.5M | $1.4M |
| Apr 2026 | $41.3M | $59.6M | −$18.3M |
| Mar 2026 | $66.5M | $80.8M | −$14.2M |
| Feb 2026 | $39.7M | $83.3M | −$43.6M |
| Jan 2026 | $49.6M | $86.2M | −$36.6M |
| Dec 2025 | $265.6M | $82.1M | $183.6M |
| Nov 2025 | $26.2M | $63.3M | −$37.1M |
| Oct 2025 | $30.0M | $81.5M | −$51.5M |
| Sep 2025 | $33.3M | $62.6M | −$29.4M |
| Aug 2025 | $33.7M | $68.2M | −$34.5M |
| Jul 2025 | $43.7M | $57.7M | −$14.0M |
| Jun 2025 | $27.2M | $60.3M | −$33.1M |
FMILX Assets Under Management
Net assets of Fidelity New Millennium Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $5.92B |
| 2026-02-28 | $5.43B |
| 2025-11-30 | $5.39B |
| 2025-08-31 | $5.27B |
| 2025-05-31 | $4.84B |
| 2025-02-28 | $5.02B |
| 2024-11-30 | $5.08B |
| 2024-08-31 | $5.31B |
| 2024-05-31 | $4.90B |
| 2024-02-29 | $4.39B |
| 2023-11-30 | $3.65B |
| 2023-08-31 | $3.59B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.