Fidelity® High Income Fund (SPHIX)

8.82
Net Asset Value
0.00%
1 Day
+6.78%
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+1.50% 3 years+8.39%
3 months+4.27% 5 years+4.55%
1 year+4.65% Since inception+8.51%
Data through --

Peer Comparisonvs. High yield bond

 SPHIXCategory
Performance 5-yr return+4.55%+3.45%
Expense ratio0.70%1.04%
Risk 5 year sharpe ratio0.630.60
Net assets$5.0B$1.3B
Average market cap--$3.7B
Average P/E----
Portfolio turnover51%51%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMichael Weaver / 0 Years
Minimal initial investment$0.00
Minimum IRA investment$2,500.00

Holdings

Fixed income93.08%
Cash3.94%
Other2.28%
U.S. stock0.70%
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
-- 1.72%
-- 1.17%
-- 1.14%
-- 0.91%
-- 0.82%
-- 0.81%
-- 0.80%
-- 0.73%
-- 0.72%
-- 0.70%