March 2017 Symbol: FNMIX Expense Ratio: 0.86% 800-343-3548Fidelity New Markets Income is a bond fund and member of the Kiplinger 25, the annual list of our favorite funds. Longtime manager John Carlson currently holds 80% of the fund’s assets in dollar-denominated debt, mostly in government bonds (about half of assets) but with a healthy slug in predominantly state-owned energy companies. With a yield of 5.9%, New Markets is the highest-paying fund in the Kip 25. Data through February 28, 2017 Advertisement See Kiplinger 25 at a Glance for the complete list of our favorite no-load mutual funds. Visit Kiplinger's Model Portfolios for three examples of how you can put Kiplinger 25 funds to work. And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.