Fidelity Latin America Fund (FLATX) Stock

About Fidelity Latin America Fund

This fund typically dedicates at least 80% of its capital to securities from Latin American issuers or to other investments with strong economic links to the region. Its primary focus is on common stocks, with holdings strategically diversified across various Latin American countries. The fund allows for a maximum allocation of 35% of its total assets to any particular industry, provided that sector represents over 20% of the overall Latin American market. Investment choices are made using a comprehensive fundamental analysis, evaluating factors such as the financial stability and industry position of each issuer, alongside broader market and economic conditions. This is a non-diversified fund.

Fidelity Latin America Fund is headquartered in US.

Fidelity Latin America Fund (FLATX) stock trades at $16.64 with a market capitalization of $187.24M. The stock is valued at a price-to-earnings (P/E) ratio of 5.40, price-to-book of 0.46, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $16.16 and $21.18, and currently trades 21.4% below its 52-week high. It pays a dividend yielding 2.68%.

On profitability, Fidelity Latin America Fund generates a return on equity (ROE) of 8.80%, return on capital employed of 0.95%, an operating margin of 30.09%, a net profit margin of 26.40%.