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Fidelity® High Income Fund (SPHIX)

8.97
Net Asset Value
+0.11%
1 Day
+2.99%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.72%
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-0.49% 3 years+5.29%
3 months+1.82% 5 years+5.55%
1 year+10.73% Since inception+8.77%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+5.55%+5.14%
Expense ratio0.72%1.05%
Risk 5 year sharpe ratio0.981.04
Net assets$4.4B$1.4B
Average market cap--$5.2B
Average P/E----
Portfolio turnover52%52%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureFred Hoff / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income84.79%
Cash9.34%
Other5.76%
U.S. stock0.09%
International stock0.01%
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
-- 1.64%
-- 1.41%
-- 1.09%
-- 1.05%
-- 1.00%
-- 0.80%
-- 0.79%
-- 0.78%
-- 0.78%
-- 0.78%