Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity® High Income Fund (SPHIX)

8.84
Net Asset Value
+0.23%
1 Day
+1.49%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.73%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of current income; growth of capital may also be considered. The fund normally invests primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. It potentially invests in non-income producing securities, including defaulted securities and common stocks. The fund invests in companies in troubled or uncertain financial condition. It invests in domestic and foreign issuers.

Performance

1 month-0.38% 3 years+3.83%
3 months+2.82% 5 years+5.83%
1 year+16.84% Since inception+8.81%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+5.83%+6.17%
Expense ratio0.73%1.08%
Risk 5 year sharpe ratio1.031.12
Net assets$4.7B$1.4B
Average market cap--$7.7B
Average P/E----
Portfolio turnover33%33%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureFred Hoff / 16 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income90.61%
Cash6.85%
Other2.38%
U.S. stock0.16%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 73.87%
Financial service 21.08%
Media 5.05%
Business service 0.00%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
-- 1.55%
-- 1.34%
-- 1.27%
-- 0.91%
-- 0.90%
-- 0.88%
-- 0.88%
-- 0.83%
-- 0.75%
-- 0.72%