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Fidelity® High Income Fund (SPHIX)

8.98
Net Asset Value
0.00%
1 Day
+3.10%
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+1.02% 3 years+4.30%
3 months+2.20% 5 years+6.50%
1 year+13.79% Since inception+8.80%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+6.50%+5.56%
Expense ratio0.73%1.08%
Risk 5 year sharpe ratio1.041.11
Net assets$4.5B$1.4B
Average market cap--$7.2B
Average P/E----
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 income88.55%
Cash8.15%
Other3.12%
U.S. stock0.18%
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
-- 1.71%
-- 1.42%
-- 1.17%
-- 0.96%
-- 0.91%
-- 0.84%
-- 0.84%
-- 0.78%
-- 0.74%
-- 0.71%