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Fidelity® High Income (SPHIX)

8.60
Net Asset Value
-0.12%
1 Day
-3.37%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.72%
Expense Ratio
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-1.59% 3 years+4.06%
3 months-3.04% 5 years+6.43%
1 year-2.28% Since inception+8.93%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+6.43%+7.61%
Expense ratio0.72%1.10%
Risk 5 year sharpe ratio1.111.08
Net assets$5.1B$1.4B
Average market cap$1.4B$10.0B
Average P/E--23.9
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

Holdings

Fixed income95.81%
Cash2.19%
Other1.71%
U.S. stock0.29%
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
-- 1.21%
-- 1.13%
-- 1.12%
-- 1.12%
-- 1.09%
-- 1.02%
-- 0.99%
-- 0.81%
-- 0.79%
-- 0.78%

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