Fidelity Series High Income Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
9.4%
1 yr return
9.6%
3 Yr Avg Return
3.0%
5 Yr Avg Return
3.9%
Net Assets
$1.45 B
Holdings in Top 10
12.9%
52 WEEK LOW AND HIGH
$8.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 68.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FSHNX - Profile
Distributions
- YTD Total Return 9.4%
- 3 Yr Annualized Total Return 3.0%
- 5 Yr Annualized Total Return 3.9%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 5.58%
- Dividend Yield 3.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Series High Income Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateMar 17, 2011
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Weaver
Fund Description
Normally investing primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). Potentially investing in non-income producing securities, including defaulted securities and common stocks. Investing in companies in troubled or uncertain financial condition. Using the credit quality distribution of an index representing the overall high yield bond market, which as of April 30, 2024, was the ICE® BofA® US High Yield Constrained Index, as a guide in structuring the fund's credit quality composition. Investing in domestic and foreign issuers. Using fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.
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FSHNX - Performance
Return Ranking - Trailing
| Period | FSHNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.4% | -8.4% | 17.7% | 10.21% |
| 1 Yr | 9.6% | -9.2% | 18.4% | 10.71% |
| 3 Yr | 3.0%* | -14.6% | 21.1% | 34.12% |
| 5 Yr | 3.9%* | -11.9% | 36.6% | 29.46% |
| 10 Yr | 5.0%* | -4.8% | 20.1% | 12.53% |
* Annualized
Return Ranking - Calendar
| Period | FSHNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.3% | -4.7% | 14.3% | 71.71% |
| 2022 | -15.5% | -33.4% | 3.6% | 49.67% |
| 2021 | 0.8% | -8.4% | 8.2% | 26.38% |
| 2020 | -1.4% | -13.2% | 302.7% | 75.13% |
| 2019 | 8.0% | -4.4% | 13.3% | 51.46% |
Total Return Ranking - Trailing
| Period | FSHNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.4% | -8.4% | 17.7% | 10.21% |
| 1 Yr | 9.6% | -9.2% | 18.4% | 10.71% |
| 3 Yr | 3.0%* | -14.6% | 21.1% | 34.12% |
| 5 Yr | 3.9%* | -11.9% | 36.6% | 29.46% |
| 10 Yr | 5.0%* | -4.8% | 20.1% | 12.53% |
* Annualized
Total Return Ranking - Calendar
| Period | FSHNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.2% | -4.7% | 18.7% | 72.86% |
| 2022 | -10.4% | -33.4% | 47.8% | 44.35% |
| 2021 | 6.9% | -8.4% | 12.4% | 14.66% |
| 2020 | 5.0% | -9.6% | 325.6% | 60.04% |
| 2019 | 15.8% | -3.8% | 21.6% | 11.31% |
NAV & Total Return History
FSHNX - Holdings
Concentration Analysis
| FSHNX | Category Low | Category High | FSHNX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.45 B | 3.13 M | 25.3 B | 33.28% |
| Number of Holdings | 784 | 2 | 3879 | 14.83% |
| Net Assets in Top 10 | 181 M | -492 M | 5.25 B | 34.43% |
| Weighting of Top 10 | 12.90% | 4.2% | 146.0% | 55.85% |
Top 10 Holdings
- Fidelity Securities Lending Cash Central Fund 4.04%
- Fidelity Cash Central Fund 3.53%
- Fidelity Private Credit Company LLC 1.29%
- MESQUITE ENERGY INC 0.89%
- DISH NETWORK CORP CONV 3.375% 08/15/2026 0.57%
- TRANSDIGM INC 5.5% 11/15/2027 0.57%
- TRITON WATER HOLDINGS 6.25% 04/01/2029 144A 0.52%
- UST NOTES 4.125% 11/15/2032 0.50%
- TRANSDIGM INC 6.375% 03/01/2029 144A 0.49%
- ALLIANT HLDGS INTERMEDIATE LLC/ALLIANT HLDGS CO-ISSUER 6.75% 10/15/2027 144A 0.49%
Asset Allocation
| Weighting | Return Low | Return High | FSHNX % Rank | |
|---|---|---|---|---|
| Bonds | 91.63% | 0.00% | 145.36% | 80.66% |
| Cash | 7.57% | -52.00% | 48.02% | 19.60% |
| Stocks | 4.10% | 0.00% | 97.54% | 14.59% |
| Convertible Bonds | 1.84% | 0.00% | 17.89% | 26.19% |
| Preferred Stocks | 1.06% | 0.00% | 4.97% | 8.07% |
| Other | 0.00% | -39.08% | 99.86% | 75.29% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FSHNX % Rank | |
|---|---|---|---|---|
| Consumer Defense | 76.08% | 0.00% | 100.00% | 3.86% |
| Energy | 14.34% | 0.00% | 100.00% | 56.38% |
| Utilities | 4.25% | 0.00% | 100.00% | 13.95% |
| Consumer Cyclical | 3.01% | 0.00% | 100.00% | 27.60% |
| Communication Services | 2.28% | 0.00% | 99.99% | 50.74% |
| Financial Services | 0.04% | 0.00% | 100.00% | 26.41% |
| Technology | 0.00% | 0.00% | 33.17% | 73.29% |
| Real Estate | 0.00% | 0.00% | 86.71% | 70.62% |
| Industrials | 0.00% | 0.00% | 93.12% | 73.00% |
| Healthcare | 0.00% | 0.00% | 22.17% | 67.66% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 71.51% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FSHNX % Rank | |
|---|---|---|---|---|
| US | 3.81% | 0.00% | 97.54% | 16.14% |
| Non US | 0.29% | -0.01% | 2.00% | 5.27% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FSHNX % Rank | |
|---|---|---|---|---|
| Corporate | 97.65% | 0.00% | 100.00% | 20.13% |
| Cash & Equivalents | 7.57% | 0.00% | 48.02% | 14.83% |
| Derivative | 0.00% | -14.58% | 42.26% | 67.22% |
| Securitized | 0.00% | 0.00% | 97.24% | 81.35% |
| Municipal | 0.00% | 0.00% | 1.17% | 66.34% |
| Government | 0.00% | 0.00% | 99.07% | 76.24% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FSHNX % Rank | |
|---|---|---|---|---|
| US | 91.63% | 0.00% | 126.57% | 64.42% |
| Non US | 0.00% | 0.00% | 96.91% | 78.75% |
FSHNX - Expenses
Operational Fees
| FSHNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.15% | 0.02% | 38.33% | 99.01% |
| Management Fee | 0.00% | 0.00% | 1.75% | 0.66% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| FSHNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FSHNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
| FSHNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 68.00% | 1.00% | 255.00% | 61.15% |
FSHNX - Distributions
Dividend Yield Analysis
| FSHNX | Category Low | Category High | FSHNX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.20% | 0.00% | 11.76% | 40.75% |
Dividend Distribution Analysis
| FSHNX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
| FSHNX | Category Low | Category High | FSHNX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.58% | -2.39% | 9.30% | 8.22% |
Capital Gain Distribution Analysis
| FSHNX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2024 | $0.023 | OrdinaryDividend |
| Nov 30, 2024 | $0.045 | OrdinaryDividend |
| Oct 31, 2024 | $0.046 | OrdinaryDividend |
| Sep 30, 2024 | $0.045 | OrdinaryDividend |
| Aug 31, 2024 | $0.045 | OrdinaryDividend |
| Jul 31, 2024 | $0.045 | OrdinaryDividend |
| Jun 30, 2024 | $0.044 | OrdinaryDividend |
| Apr 30, 2024 | $0.043 | OrdinaryDividend |
| Mar 31, 2024 | $0.044 | OrdinaryDividend |
| Feb 29, 2024 | $0.041 | OrdinaryDividend |
| Jan 31, 2024 | $0.042 | OrdinaryDividend |
| Dec 31, 2023 | $0.046 | OrdinaryDividend |
| Dec 13, 2023 | $0.024 | OrdinaryDividend |
| Nov 30, 2023 | $0.041 | OrdinaryDividend |
| Oct 31, 2023 | $0.043 | OrdinaryDividend |
| Sep 30, 2023 | $0.044 | OrdinaryDividend |
| Aug 31, 2023 | $0.038 | OrdinaryDividend |
| Jul 31, 2023 | $0.042 | OrdinaryDividend |
| Jun 30, 2023 | $0.040 | OrdinaryDividend |
| May 31, 2023 | $0.043 | OrdinaryDividend |
| Apr 30, 2023 | $0.040 | OrdinaryDividend |
| Mar 31, 2023 | $0.041 | OrdinaryDividend |
| Feb 28, 2023 | $0.038 | OrdinaryDividend |
| Jan 31, 2023 | $0.041 | OrdinaryDividend |
| Dec 31, 2022 | $0.041 | OrdinaryDividend |
| Dec 14, 2022 | $0.043 | OrdinaryDividend |
| Nov 30, 2022 | $0.040 | OrdinaryDividend |
| Oct 31, 2022 | $0.040 | OrdinaryDividend |
| Sep 30, 2022 | $0.038 | OrdinaryDividend |
| Aug 31, 2022 | $0.039 | OrdinaryDividend |
| Jul 31, 2022 | $0.040 | OrdinaryDividend |
| Jun 30, 2022 | $0.038 | OrdinaryDividend |
| May 31, 2022 | $0.040 | OrdinaryDividend |
| Apr 29, 2022 | $0.038 | OrdinaryDividend |
| Mar 31, 2022 | $0.040 | OrdinaryDividend |
| Feb 28, 2022 | $0.035 | OrdinaryDividend |
| Jan 31, 2022 | $0.039 | OrdinaryDividend |
| Dec 31, 2021 | $0.039 | OrdinaryDividend |
| Dec 15, 2021 | $0.049 | OrdinaryDividend |
| Nov 30, 2021 | $0.038 | OrdinaryDividend |
| Oct 29, 2021 | $0.039 | OrdinaryDividend |
| Sep 30, 2021 | $0.037 | OrdinaryDividend |
| Aug 31, 2021 | $0.039 | OrdinaryDividend |
| Jul 30, 2021 | $0.040 | OrdinaryDividend |
| Jun 30, 2021 | $0.038 | OrdinaryDividend |
| May 28, 2021 | $0.040 | OrdinaryDividend |
| Apr 30, 2021 | $0.037 | OrdinaryDividend |
| Mar 31, 2021 | $0.041 | OrdinaryDividend |
| Feb 26, 2021 | $0.036 | OrdinaryDividend |
| Jan 29, 2021 | $0.041 | OrdinaryDividend |
| Dec 31, 2020 | $0.040 | OrdinaryDividend |
| Dec 16, 2020 | $0.023 | OrdinaryDividend |
| Nov 30, 2020 | $0.039 | OrdinaryDividend |
| Oct 30, 2020 | $0.041 | OrdinaryDividend |
| Sep 30, 2020 | $0.038 | OrdinaryDividend |
| Aug 31, 2020 | $0.042 | OrdinaryDividend |
| Jul 31, 2020 | $0.041 | OrdinaryDividend |
| Jun 30, 2020 | $0.043 | OrdinaryDividend |
| May 29, 2020 | $0.043 | OrdinaryDividend |
| Apr 30, 2020 | $0.040 | OrdinaryDividend |
| Mar 31, 2020 | $0.046 | OrdinaryDividend |
| Feb 28, 2020 | $0.043 | OrdinaryDividend |
| Jan 31, 2020 | $0.049 | OrdinaryDividend |
| Dec 31, 2019 | $0.043 | OrdinaryDividend |
| Dec 18, 2019 | $0.011 | OrdinaryDividend |
| Nov 29, 2019 | $0.051 | OrdinaryDividend |
| Oct 31, 2019 | $0.052 | OrdinaryDividend |
| Sep 30, 2019 | $0.052 | OrdinaryDividend |
| Aug 30, 2019 | $0.055 | OrdinaryDividend |
| Jul 31, 2019 | $0.057 | OrdinaryDividend |
| Jun 28, 2019 | $0.051 | OrdinaryDividend |
| Jun 07, 2019 | $0.004 | CapitalGainShortTerm |
| Dec 19, 2018 | $0.046 | OrdinaryDividend |
| Dec 27, 2017 | $0.052 | ExtraDividend |
| Jun 08, 2015 | $0.047 | CapitalGainLongTerm |
| Dec 08, 2014 | $0.035 | CapitalGainShortTerm |
| Dec 08, 2014 | $0.224 | CapitalGainLongTerm |
| Jun 09, 2014 | $0.082 | CapitalGainLongTerm |
| Dec 10, 2012 | $0.022 | CapitalGainShortTerm |
| Jun 13, 2011 | $0.012 | CapitalGainShortTerm |
FSHNX - Fund Manager Analysis
Managers
Michael Weaver
Start Date
Tenure
Tenure Rank
Oct 31, 2018
3.58
3.6%
Michael Weaver is a portfolio manager at FMR Co. In this role, Mr. Weaver is responsible for co-managing Fidelity Total Bond ETF, multiple institutional high yield portfolios, and co-manages all of Fidelity’s collateralized loan obligation strategies. Previously, Mr. Weaver held various positions in the High Income Group, including portfolio manager covering Select Automotive from 2009 to 2013. Mr. Weaver joined Fidelity in 2005, and has been in the investments industry since 1998. Mr. Weaver earned his BS degree in economics from the Wharton School at the University of Pennsylvania.
Alexandre Karam
Start Date
Tenure
Tenure Rank
Dec 31, 2018
3.42
3.4%
Alexandre Karam is a portfolio manager in the High Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to more than 26 million individuals, institutions, and financial intermediaries.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.13 | 37.79 | 7.31 | 8.17 |