Fidelity Focused High Income Fund

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

#71 in High Yield Bond

U.S. News evaluated 166 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 9.99 percent over the past year, 9.21 percent over the past three years, and 7.81 percent over the past five years.

Trailing Returns Updated 04.30.2013
Year to date 3.4%
1 Year 10.0%
3 Years (Annualized) 9.2%
5 Years (Annualized) 7.8%
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of income, and it may also seek capital appreciation. 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 securities that have a higher or lower credit quality. The fund potentially invests in non-income producing securities, including defaulted securities and common stocks. It invests in companies in troubled or uncertain financial condition. The fund invests in domestic and foreign issuers.

Fees

Fees are Above Average compared to funds in the same category.
Fidelity Focused High Income Fund has an expense ratio of 0.82 percent.

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Risk

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

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