Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.96% 2.662B -- 29.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
81.44M 9.29% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks a combination of a high level of income and the potential for capital gains. The Fund will invest primarily in income-producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities or those of less than investment-grade quality.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD High Yield
Peer Group High Yield Funds
Global Macro Bond High Yield
US Macro High Yield Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective High Yield Funds
Fund Owner Firm Name Fidelity Investments
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
Start Trial

Net Fund Flows Versus Peer Group

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 42
-783.63M Peer Group Low
1.384B Peer Group High
1 Year
% Rank: 19
81.44M
-2.416B Peer Group Low
3.509B Peer Group High
3 Months
% Rank: 15
-1.543B Peer Group Low
3.509B Peer Group High
3 Years
% Rank: 18
-3.937B Peer Group Low
12.61B Peer Group High
6 Months
% Rank: 10
-1.828B Peer Group Low
3.509B Peer Group High
5 Years
% Rank: 11
-12.51B Peer Group Low
14.99B Peer Group High
YTD
% Rank: 21
-2.348B Peer Group Low
4.761B Peer Group High
10 Years
% Rank: 60
-8.499B Peer Group Low
21.33B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
View Performance Versus Peer Group
Start Trial

Annual Total Returns Versus Peers

Loading chart...
Name
2018
2019
2020
2021
2022
2023
2024
YTD
-5.28%
17.80%
8.93%
11.50%
-10.21%
12.63%
10.36%
11.40%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
-2.17%
15.16%
4.54%
6.44%
-10.26%
11.20%
9.29%
10.39%
-5.77%
18.94%
10.24%
11.65%
-10.47%
12.99%
10.68%
11.62%
-5.06%
15.25%
4.69%
6.36%
-13.64%
10.84%
8.60%
7.01%
-4.50%
13.78%
6.40%
5.64%
-8.32%
12.85%
7.29%
6.47%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 4.27%
30-Day SEC Yield (10-31-25) 4.69%
7-Day SEC Yield --
Number of Holdings 736
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 87
Bond
Yield to Maturity (8-31-25) 6.27%
Effective Duration --
Average Coupon 6.75%
Calculated Average Quality 5.638
Effective Maturity 4.853
Nominal Maturity 7.419
Number of Bond Holdings 644
As of August 31, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of August 31, 2025

Fund Details

Key Dates
Inception Date 1/5/1987
Last Annual Report Date 10/31/2024
Last Prospectus Date 12/30/2024
Share Classes
FAHDX A
FAHEX C
FAHYX M
FIQTX Z
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Asset Allocation

As of August 31, 2025.
Type % Net
Cash 7.49%
Stock 19.62%
Bond 68.17%
Convertible 0.00%
Preferred 1.07%
Other 3.65%
View Asset Allocation
Start Trial

Top 10 Holdings

Name % Weight Price % Change
Fidelity Cash Central Fund
14.21% -- --
Fidelity Private Credit Fund
2.24% -- --
NVIDIA Corp. 1.63% 182.34 -0.57%
Meta Platforms, Inc. 1.29% 673.25 1.77%
Comfort Systems USA, Inc. 1.09% 1001.86 -0.28%
EchoStar Corporation ECHO 10.75 11/30/2029 FIX USD Corporate 1.01% 110.32 -0.12%
EG Global Finance plc EGGLO 12.0 11/30/2028 FIX USD Corporate 144A 0.97% 108.98 0.01%
US LBM Holdings LLC 29-MAY-2031 Term Loan B
0.89% -- --
Vistra Corp. 0.83% 167.00 -5.15%
Acrisure Holdings Inc Ser A 2 PFD
0.82% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.68%
Administration Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee 0.00%
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 0.00 None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks a combination of a high level of income and the potential for capital gains. The Fund will invest primarily in income-producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities or those of less than investment-grade quality.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD High Yield
Peer Group High Yield Funds
Global Macro Bond High Yield
US Macro High Yield Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective High Yield Funds
Fund Owner Firm Name Fidelity Investments
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

View Basic Info
Start Trial

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 4.27%
30-Day SEC Yield (10-31-25) 4.69%
7-Day SEC Yield --
Number of Holdings 736
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 87
Bond
Yield to Maturity (8-31-25) 6.27%
Effective Duration --
Average Coupon 6.75%
Calculated Average Quality 5.638
Effective Maturity 4.853
Nominal Maturity 7.419
Number of Bond Holdings 644
As of August 31, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of August 31, 2025

Fund Details

Key Dates
Inception Date 1/5/1987
Last Annual Report Date 10/31/2024
Last Prospectus Date 12/30/2024
Share Classes
FAHDX A
FAHEX C
FAHYX M
FIQTX Z
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
View Top Portfolio Holders
Start Trial

Excel Add-In Codes

Name: =YCI("M:FAHCX", "name")
Broad Asset Class: =YCI("M:FAHCX", "broad_asset_class")
Broad Category: =YCI("M:FAHCX", "broad_category_group")
Prospectus Objective: =YCI("M:FAHCX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
View Excel Add-In Codes
Start Trial