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 (SPHIX)

7.47
Net Asset Value
-1.19%
1 Day
-6.04%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.72%
Expense Ratio
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-4.92% 3 years-1.37%
3 months-9.02% 5 years+2.21%
1 year-11.55% Since inception+8.37%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+2.21%+4.11%
Expense ratio0.72%1.11%
Risk 5 year sharpe ratio0.510.59
Net assets$4.0B$1.2B
Average market cap$1.1B$9.6B
Average P/E--22.6
Portfolio turnover37%37%

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 / 15 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income93.96%
Cash3.30%
Other2.46%
U.S. stock0.27%
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
-- 1.44%
-- 1.37%
-- 1.21%
-- 1.15%
-- 0.98%
-- 0.97%
-- 0.93%
-- 0.91%
-- 0.87%
-- 0.73%

Partner Offers