Fidelity® High Income (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.


1 month-1.09% 3 years+8.98%
3 months-1.03% 5 years+9.10%
1 year+4.29% Since inception+9.19%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+9.10%+9.39%
Expense ratio0.72%1.13%
Risk 5 year sharpe ratio1.361.47
Net assets$5.8B$1.6B
Average market cap$1.3B$10.8B
Average P/E--19.0
Portfolio turnover56%56%

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 / 14 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00


Fixed income93.88%
U.S. stock0.26%
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
-- Tronox Worldwide 6.375%1.01%
-- Laureate Educ 144A 9.25%1.00%
-- Chs / Cmnty Health Sys 144A 6.875%0.96%
-- Tenet Healthcare 8.125%0.95%
-- Chs / Cmnty Health Sys 8%0.82%
-- Trinseo Matls Oper Sca / Fin 8.75%0.80%
-- Altice Sa 144A 7.75%0.80%
-- Laureate Edu Term B 06/16/180.78%
-- Rite Aid 6.75%0.73%
-- Sprint Cap 6.9%0.65%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.