Fidelity® High Income Fund (SPHIX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
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.


1 month+0.79% 3 years+5.49%
3 months+1.34% 5 years+4.95%
1 year+4.43% Since inception+8.61%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+4.95%+3.82%
Expense ratio0.72%1.04%
Risk 5 year sharpe ratio0.770.75
Net assets$4.3B$1.3B
Average market cap--$8.2B
Average P/E--6.7
Portfolio turnover52%52%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureFred Hoff / 18 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


Fixed income86.51%
U.S. stock0.07%
International stock0.02%
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
-- 1.39%
-- 1.22%
-- 1.19%
-- 1.06%
-- 1.03%
-- 0.90%
-- 0.90%
-- 0.82%
-- 0.78%
-- 0.76%