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Fidelity® High Income Fund (SPHIX)

8.27
Net Asset Value
-1.19%
1 Day
+4.03%
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+0.32% 3 years+3.13%
3 months+4.53% 5 years+4.67%
1 year-1.77% Since inception+8.62%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+4.67%+3.84%
Expense ratio0.72%1.10%
Risk 5 year sharpe ratio0.640.69
Net assets$4.6B$1.3B
Average market cap$701.2M$20.2B
Average P/E--14.1
Portfolio turnover37%37%

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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 income93.85%
Cash3.38%
Other2.54%
U.S. stock0.23%
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
-- 1.76%
-- 1.55%
-- 1.52%
-- 1.06%
-- 1.06%
-- 1.01%
-- 0.95%
-- 0.92%
-- 0.88%
-- 0.77%

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