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FAGIX Fidelity® Capital & Income

  • Fund
  • FAGIX
  • Price as of: Nov 17, 2017
  • $10.25
  • - $0.00
  • - 0.00%
  • Category
  • High Yield Bonds

FAGIX - Profile

Vitals

  • YTD Return 5.6%
  • 3 Yr Annualized Return 6.5%
  • 5 Yr Annualized Return 7.9%
  • Net Assets $11.9 B
  • Holdings in Top 10 10.2%

52 WEEK LOW AND HIGH

$10.25
$9.57
$10.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.73%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 39.00%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

High Yield Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Distributions

  • YTD Total Return 5.6%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 7.9%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 4.45%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Fidelity® Capital & Income Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Nov 01, 1977
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Mark Notkin

Fund Description

The Fidelity Capital & Income Fund (FAGIX) seeks to provide a combination of income and capital growth by investing in high yield bonds of companies rated below investment grade, as well as stocks of companies in troubled or uncertain financial conditions. The fund’s manager, Mark Notkin, seeks companies with strong balance sheets, improving company/industry fundamentals and a strong management team.

The resulting portfolio offers exposure to a wide variety of equity sectors, including telecommunications, energy, banks, financials, technology, utilities, and healthcare. FAGIX’s fixed income component primarily consists of below investment grade corporate debt, as well as small allocations to bank debt.

FAGIX - Performance

Return Ranking - Trailing

Period FAGIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.6% -69.7% 10775.8% 3.11% 1
1 Yr 13.3% -30.5% 27.9% 3.70% 1
3 Yr 6.5% * -14.3% 10.2% 1.46% 1
5 Yr 7.9% * -10.5% 13.4% 0.72% 1
10 Yr 8.1% * -12.4% 12.4% 1.98% 1

* Annualized


Return Ranking - Calendar

Period FAGIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.1% -14.1% 332.1% 43.86% 4
2015 -5.5% -34.3% 1.0% 9.66% 1
2014 -1.8% -21.7% 10.4% 9.88% 1
2013 3.8% -16.9% 31.6% 3.07% 1
2012 9.6% -18.5% 17.6% 7.81% 1

Total Return Ranking - Trailing

Period FAGIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.6% -69.7% 10775.8% 3.12% 1
1 Yr 13.3% -30.5% 27.9% 2.31% 1
3 Yr 6.5% * -14.3% 10.2% 1.30% 1
5 Yr 7.9% * -10.5% 13.4% 0.72% 1
10 Yr 8.1% * -12.4% 12.4% 1.98% 1

* Annualized


Total Return Ranking - Calendar

Period FAGIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.1% -14.1% 332.1% 54.40% 4
2015 -4.9% -30.4% 4.6% 25.53% 2
2014 1.9% -18.4% 10.4% 18.89% 1
2013 4.7% -16.9% 55.9% 32.05% 2
2012 10.8% -18.5% 33.1% 31.89% 2

NAV & Total Return History

FAGIX - Holdings

Filings data as of: Jul 31, 2017

Concentration Analysis

FAGIX Category Low Category High FAGIX % Rank Quintile
Net Assets 11.9 B 768 K 24.7 B 0.77% 1
Number of Holdings 643 1 1467 3.07% 1
Net Assets in Top 10 1.17 B -32.2 M 2.72 B 1.07% 1
Weighting of Top 10 10.2% 0.0% 100.0% 23.16% 3

Top 10 Holdings

  1. Numericable Grp Sa 144A 6% 1.11%
  2. Gmac 8% 1.93%
  3. Engy Future Inter Hldg Co Ll 144A 11.75% 1.07%
  4. Engy Future Inter Hldg Co Ll 11% 0.91%
  5. Skyworks Solutions Inc 0.90%
  6. Numericable Grp Sa 144A 7.375% 0.82%
  7. Alphabet Inc A 0.88%
  8. Facebook Inc A 0.91%
  9. Alibaba Group Holding Ltd ADR 0.87%
  10. Ally Finl 5.125% 0.79%

Asset Allocation

Weighting Category Low Category High FAGIX % Rank Quintile
Bonds
64.85% -16.96% 107.80% 36.20% 5
Stocks
21.35% 0.00% 97.94% 0.46% 1
Cash
7.82% -11.47% 116.96% 6.90% 1
Preferred Stocks
5.89% 0.00% 21.64% 0.77% 1
Convertible Bonds
0.10% 0.00% 18.92% 14.88% 3
Other
0.00% -6.16% 38.60% 23.77% 5

Stock Sector Breakdown

Weighting Category Low Category High FAGIX % Rank Quintile
Technology
6.25% -0.22% 27.64% 0.58% 1
Consumer Cyclical
5.58% 0.00% 14.00% 0.78% 1
Industrials
2.19% -0.07% 12.57% 0.78% 1
Financial Services
1.73% -0.08% 19.16% 1.16% 1
Communication Services
1.65% -0.09% 4.06% 0.39% 1
Healthcare
1.16% 0.00% 17.03% 1.55% 1
Basic Materials
0.84% 0.00% 4.07% 1.74% 1
Energy
0.81% -0.14% 9.63% 4.07% 1
Utilities
0.64% -0.07% 3.16% 1.36% 1
Consumer Defense
0.19% -0.10% 6.19% 3.10% 1
Real Estate
0.01% 0.00% 11.28% 5.23% 1

Stock Geographic Breakdown

Weighting Category Low Category High FAGIX % Rank Quintile
US
17.67% 0.00% 79.34% 0.77% 1
Non US
3.68% -0.02% 53.41% 0.46% 1

Bond Sector Breakdown

Weighting Category Low Category High FAGIX % Rank Quintile
Corporate
70.39% 0.00% 101.98% 34.66% 5
Cash & Equivalents
7.82% -7.60% 100.00% 6.44% 1
Securitized
0.31% 0.00% 58.52% 13.96% 2
Derivative
0.00% -19.62% 16.96% 4.60% 5
Municipal
0.00% 0.00% 100.00% 5.06% 5
Government
0.00% -6.62% 69.31% 16.10% 5

Bond Geographic Breakdown

Weighting Category Low Category High FAGIX % Rank Quintile
US
54.97% -16.96% 100.00% 34.20% 5
Non US
9.88% -0.37% 50.48% 29.75% 5

FAGIX - Expenses

Operational Fees

FAGIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.73% 0.00% 5.24% 23.81% 1
Management Fee 0.56% 0.00% 1.00% 4.29% 3
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

FAGIX Fees (% of AUM) Category Low Category High FAGIX Rank Quintile
Front Load N/A 2.00% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

FAGIX Fees (% of AUM) Category Low Category High FAGIX Rank Quintile
Max Redemption Fee 1.00% 1.00% 2.00% 1.18% 3

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FAGIX Fees (% of AUM) Category Low Category High FAGIX Rank Quintile
Turnover 39.00% 3.52% 1851.00% 15.51% 2

FAGIX - Distributions

Dividend Yield Analysis

FAGIX Category Low Category High FAGIX % Rank Quintile
Dividend Yield 0.4% 0.00% 6.16% 34.28% 3

Dividend Distribution Analysis

FAGIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FAGIX Category Low Category High FAGIX % Rank Quintile
Net Income Ratio 4.45% -2.63% 12.36% 32.41% 4

Capital Gain Distribution Analysis

FAGIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Quarterly Annually

FAGIX - Managers

Mark Notkin

Manager

Start Date

Jul 21, 2003

Tenure

14.29

Tenure Rank

2.7%

Mr. Notkin is a vice president and co-manager of Fidelity Investments. Since joining Fidelity in 1994, he has worked as a research analyst and portfolio manager.


Tenure Analysis

Category Low

0.0

Category High

57.4

Category Average

6.78

Category Mode

2.8