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Fidelity® High Income (SPHIX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
Expense Ratio
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-2.35% 3 years+2.37%
3 months-3.00% 5 years+4.85%
1 year-4.51% Since inception+8.74%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+4.85%+5.21%
Expense ratio0.72%1.10%
Risk 5 year sharpe ratio0.830.89
Net assets$4.7B$1.3B
Average market cap$1.5B$10.3B
Average P/E--24.0
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureFred Hoff / 15 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00


Fixed income94.66%
U.S. stock0.30%
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
-- 1.31%
-- 1.28%
-- 1.18%
-- 1.16%
-- 1.00%
-- 0.98%
-- 0.95%
-- 0.84%
-- 0.82%
-- 0.70%