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Fidelity® High Income Fund (SPHIX)

8.66
Net Asset Value
+0.12%
1 Day
+8.93%
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+0.64% 3 years+3.95%
3 months+4.86% 5 years+6.93%
1 year+8.18% Since inception+8.75%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+6.93%+4.58%
Expense ratio0.73%1.10%
Risk 5 year sharpe ratio0.971.04
Net assets$4.7B$1.4B
Average market cap$879.9M$9.1B
Average P/E--15.1
Portfolio turnover33%33%

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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 income90.15%
Cash7.42%
Other2.14%
U.S. stock0.28%
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
-- 1.53%
-- 1.51%
-- 1.40%
-- 1.36%
-- 1.12%
-- 1.10%
-- 0.97%
-- 0.90%
-- 0.78%
-- 0.74%