4 / 5 Stars
4 4 1 2 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 168 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 9.14 percent over the past year, 8.22 percent over the past three years, and 16.31 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||6.5%|
|3 Years (Annualized)||8.2%|
|5 Years (Annualized)||16.3%|
|10 Years (Annualized)||N/A|
The investment seeks a high level of current income; capital appreciation is a secondary consideration. 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 allocates assets among affiliated high yield funds and non-affiliated high yield funds that participate in Fidelity's FundsNetwork®, and non-affiliated exchange traded funds (ETFs) (underlying funds).
Fees are Average compared to funds in the same category.
Strategic Advisers Income Opportunities Fund has an expense ratio of 0.02 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.