Fidelity® High Income Fund (SPHIX)

8.85
Net Asset Value
+0.23%
1 Day
+7.14%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.70%
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-0.07% 3 years+6.21%
3 months+1.21% 5 years+5.24%
1 year+6.47% Since inception+8.51%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+5.24%+4.09%
Expense ratio0.70%1.03%
Risk 5 year sharpe ratio0.760.69
Net assets$5.3B$1.3B
Average market cap--$3.8B
Average P/E----
Portfolio turnover62%62%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMichael Weaver / 1 Years
Minimal initial investment$0.00
Minimum IRA investment$2,500.00

Holdings

Fixed income93.16%
Cash4.29%
Other2.02%
U.S. stock0.53%
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
-- 1.70%
-- 1.10%
-- 1.08%
-- 0.90%
-- 0.84%
-- 0.79%
-- 0.77%
-- 0.76%
-- 0.74%
-- 0.68%