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.nvesting primarily in debt securities,including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).Allocating the fund's assets among four general investment categories: high yield securities,U.S.Government and investment-grade securities,emerging market securities,and foreign developed market securities.Potentially investing in equity securities.Using a neutral mix of approximately 45% high yield,25% U.S.Government and investment-grade,15% emerging markets,and 15% foreign developed markets.Analyzing a security's structural features and current pricing,its issuer's potential for success,and the credit,currency,and economic risks of the security and its issuer to select investments.Hedging the fund's foreign currency exposures utilizing forward foreign currency exchange contracts.Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps(interest rate,total return,and credit default),options, and futures contracts - and forward-settling securities,to adjust thefund's risk exposure.Investing in Fidelity's central funds (specialized investment vehicles used by Fidelity® funds to invest in particular security types or investment disciplines).

Net Asset Value

as of 5:26 PM ET 10/15/2021


  • 1 Week
  • +0.24%
  • 1 Month
  • -1.16%
  • 3 Months
  • -0.47%
  • 1 Yr Return
  • +2.50%
  • 5 Yr Return
  • +5.56%

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 61.71%
Other 21.58%
Cash 6.34%
Stocks 5.98%
Preferred 4.30%
Convertible 0.09%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 797.05 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 2.28 2.58 2.59
Beta 0.68 0.68 0.72
R Squared 0.12 0.16 0.19
Std Deviation 6.89 5.58 4.95
Sharpe Ratio 0.77 0.70 n/a

Purchase Information

as of 5:12 PM ET 10/14/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0


Timeframe Average Annual Current Performance Monthly As Of 09/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 09/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +8.24%
  • +8.24%
+8.24% +8.24%
3 Year
  • +5.98%
  • +5.98%
+5.98% +5.98%
10 Year
  • +4.85%
  • +4.85%
+4.85% +4.85%
Life Of Fund
  • +7.03%
  • +7.03%
+7.03% +7.03%

Top 10 Holdings

Symbol Company Name % Of Assets


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