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Address And Details

82 Devonshire St , Boston, MA 02109
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The fund seeks a high level of current income. The fund may also seek capital appreciation. 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).Normally investing primarily in securities rated BB or B by Standard & Poor's (S&P), Ba or B by Moody's Investors Service ( Moody's ), comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by Fidelity Management & Research Company (FMR) to be of comparable quality. Potentially investing in non-income producing securities, including defaulted securities and common stocks. Investing in companies in troubled or uncertain financial condition. Normally maintaining a duration of three years or less. Investing in floating rate loans, which are often lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), and other floating rate securities. 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.

Net Asset Value

as of 5:24 PM ET 12/07/2021

Performance

  • 1 Week
  • +0.75%
  • 1 Month
  • -0.74%
  • 3 Months
  • -1.05%
  • 1 Yr Return
  • -0.21%
  • 5 Yr Return
  • -0.11%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 91.40%
Cash 7.97%
Other 0.46%
Stocks 0.17%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 2.35 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 1.77 2.10 n/a
Beta 0.36 0.32 n/a
R Squared 0.04 0.04 n/a
Std Deviation 6.37 5.04 n/a
Sharpe Ratio 0.54 0.55 n/a

Purchase Information

as of 5:24 PM ET 12/06/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 11/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 11/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +2.57%
  • +5.81%
+2.57% +5.81%
3 Year
  • +4.09%
  • +3.89%
+4.09% +3.89%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +2.95%
  • +3.15%
+2.95% +3.15%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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