Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week | +0.42% |
| |||
| 4 week |
| -2.26% | |||
| 3 month |
| -0.14% | |||
| YTD | +2.53% |
| |||
| 1 year | +11.78% |
| |||
| 3 years* | +10.26% |
| |||
| 5 years* | +9.32% |
| |||
| *annualized | |||||
| Best 3 month return | +19.53% | |
| Worst 3 month return | -27.51% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | Average | Average |
 
|
| 5 years | Average | Average |
|
| 10 years | Above Average | Average |
|
| Overall | Above Average | Average |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 6.52B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.76% | |
| Management fee | - | |
| Fund family | Fidelity Investments |
Asset allocation
| Cash | 5.01% | |
| Stocks | 0.64% | |
| Bonds | 91.64% | |
| Preferred | 2.28% | |
| Convertible | 0.40% | |
| Other | 0.04% |
Purchase information
| Initial | $2,500 | |
| Additional | $250 | |
| IRA Initial | $500 | |
| AIP Initial | $2,500 | |
| AIP Additional | $200 |
9.33-0.01(-0.11%)
Jun 19, 4:00PM EDT
Overall Morningstar RatingTM
Description
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. The fund uses fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Fred Hoff (Started: Jun 1, 2000)
Fred Hoff (Started: Jun 1, 2000)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 12.11 | 10.71 | 5.60 | 5.72 | |
| Beta* | 0.67 | -0.02 | 0.79 | 0.52 | |
| Mean annual return | 1.06 | 0.89 | 0.83 | 0.75 | |
| R-squared* | 42.89 | 0.01 | 5.07 | 3.90 | |
| Standard deviation | 2.80 | 6.99 | 12.82 | 9.60 | |
| Sharpe ratio | 4.52 | 1.52 | 0.76 | 0.75 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| First Data Corp Term Ext 3/18 | 0.95% | |
| Intergen N V 144A 9% | 0.87% | |
| Chs / Cmnty Health Sys 8% | 0.84% | |
| Trinseo Matls Oper Sca / Fin 144A 8.75% | 0.75% | |
| Calpine 144A 7.5% | 0.75% | |
| Claires Stores 144A 9% | 0.73% | |
| Avaya 144A 7% | 0.73% | |
| Avaya 10.125% | 0.73% | |
| Fortescue Metal Trm B 10/18/17 | 0.72% | |
| Fairpoint Com 2pr Exit Tm 1/16 | 0.72% |