Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week |
| -0.44% | |||
| 4 week | +1.23% |
| |||
| 3 month | +2.91% |
| |||
| YTD | +3.68% |
| |||
| 1 year | +10.54% |
| |||
| 3 years* | +9.89% |
| |||
| 5 years* | +7.80% |
| |||
| *annualized | |||||
| Best 3 month return | +10.91% | |
| Worst 3 month return | -23.36% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | Average | Below Average |
 
|
| 5 years | Below Average | Below Average |
|
| 10 years | - | - | - |
| Overall | Below Average | Below Average |
|
Key statistics
| Total assets | 882.75M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.82% | |
| Management fee | - | |
| Fund family | Fidelity Investments |
Asset allocation
| Cash | 3.33% | |
| Stocks | 0.00% | |
| Bonds | 96.46% | |
| Preferred | 0.22% | |
| Other | 0.00% |
Purchase information
| Initial | $2,500 | |
| Additional | $250 | |
| IRA Initial | $500 | |
| AIP Initial | $2,500 | |
| AIP Additional | $200 |
9.560.00(0.00%)
May 17, 4:00PM EDT
Overall Morningstar RatingTM
Description
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.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Matthew Conti (Started: Sep 8, 2004)
Matthew Conti (Started: Sep 8, 2004)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 9.49 | 8.39 | 2.90 | - | |
| Beta* | 0.00 | 0.10 | 0.92 | - | |
| Mean annual return | 0.80 | 0.75 | 0.68 | - | |
| R-squared* | 0.00 | 0.18 | 9.59 | - | |
| Standard deviation | 2.54 | 5.56 | 10.54 | - | |
| Sharpe ratio | 3.73 | 1.60 | 0.74 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Icahn Enterprises Lp/Corp 8% | 2.68% | |
| Upcb Fin Iii 144A 6.625% | 1.84% | |
| Covanta Hldg 7.25% | 1.82% | |
| Cco Hldgs Llc / Cco Hldgs Cap 7% | 1.69% | |
| Icahn Enterprises Lp/Corp 7.75% | 1.59% | |
| Exterran Hldgs 7.25% | 1.59% | |
| Cco Hldgs Llc / Cco Hldgs Cap 6.5% | 1.53% | |
| Sprint Nextel 144A 9% | 1.43% | |
| Valeant Pharmaceuticals Intl 144A 6.875% | 1.40% | |
| Continental Airls 144A 6.75% | 1.20% |