Fidelity® High Income Fund

Class No Load (SPHIX)
Scorecard
4 / 5 Stars
Lipper
3 4 1 5 4
Zacks Investment Research
2 (Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C- (Hold)

#23 in High Yield Bond

U.S. News evaluated 179 High Yield Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 10.33 percent over the past year, 8.21 percent over the past three years, 12.58 percent over the past five years, and 8.26 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 4.2%
1 Year 10.3%
3 Years (Annualized) 8.2%
5 Years (Annualized) 12.6%
10 Years (Annualized) 8.3%

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Summary

The investment seeks a high level of income; the fund may also seek capital appreciation. The fund normally invests primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. It normally invests primarily in securities rated BB by Standard & Poor's (S&P), Ba by Moody's Investors Service (Moody's), comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by Fidelity Management & Research Company (FMR) to be of comparable quality.

Fees

Fees are Above Average compared to funds in the same category.
Fidelity® High Income Fund has an expense ratio of 0.72 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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