3 / 5 Stars
4 3 1 5 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
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.
The fund has returned 10.58 percent over the past year, and 8.46 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||4.4%|
|3 Years (Annualized)||8.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks a high level of current income; growth of capital may also be considered. The fund 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.
Fees are Above Average compared to funds in the same category.
Fidelity® Series High Income Fund has an expense ratio of 0.69 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.