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Fidelity® High Income Fund (SPHIX)

8.99
Net Asset Value
+0.11%
1 Day
+3.21%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.72%
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+0.73% 3 years+4.51%
3 months+2.50% 5 years+5.96%
1 year+11.27% Since inception+8.77%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+5.96%+5.70%
Expense ratio0.72%1.06%
Risk 5 year sharpe ratio1.071.15
Net assets$4.3B$1.4B
Average market cap$524.9M$6.1B
Average P/E----
Portfolio turnover52%52%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureFred Hoff / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income91.36%
Cash4.58%
Other3.82%
U.S. stock0.23%
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
-- 1.48%
-- 1.36%
-- 1.20%
-- 1.17%
-- 0.99%
-- 0.82%
-- 0.78%
-- 0.76%
-- 0.74%
-- 0.72%