| Ticker: | FAHYX |
| Manager: | Harley Lank |
| Manager Since: | 09/09 |
| NAV (05/17/2013): | 10.86 |
| Objective: | Fixed Income - Corp High Yield |
| Peer: | CH IT |
| Net Assets ($mil): | 553.61 |
| Inception: | 01/05/1987 |
FAHYX : Description
The fund was incepted in January 1987 and is managed by the Fidelity Group. The fund's main objective is to seek a combination of a high level of income and the potential for capital gains. The fund normally invests at least 65% of total assets in income-producing debt securities, preferred stocks and convertible securities, with an emphasis on lower quality debt securities. The management may invest up to 35% of the fund's total assets in common stocks. The fund may also invest in companies in troubled or uncertain financial condition. The fund offers a monthly dividend. Capital gains, if any, are distributed annually in December.
FAHYX : Composition - 05/13
| Stocks | 8.22% |
| Foreign Stocks | 0.00% |
| Cash | 4.48% |
| Bonds | 81.76% |
| Foreign Bonds | 0.00% |
| Preferred | 3.33% |
| Convertible | 2.09% |
| Other | 0.13% |
| Foreign Hedged | 0.00% |
FAHYX : Style Analysis - 05/13
| Large Growth | NA |
| Large Value | NA |
| Small Growth | NA |
| Small Value | NA |
| Foreign Stock | NA |
| Emerging Market | NA |
| Precious Metals | NA |
| Intermediate Bond | NA |
| High Yield Bond | NA |
| Foreign Bond | NA |
FAHYX : Risk Analysis
| Beta v. S&P 500 | 0.37 |
| Beta v. EAFE | 0.21 |
| Beta v. Barclays Agg Bond | 0.52 |
| Alpha 3 Yr | 16.64 |
| Alpha 5 Yr | 4.95 |
| R-Sq 3 Yr | 0.06 |
| R-Sq 5 Yr | 0.04 |
| Std Dev 3 Yr | 9.64 |
| Std Dev 5 Yr | 18.70 |
| Sharpe 3 Yr | 1.10 |
| Sharpe 5 Yr | 0.56 |
FAHYX : Fees
| Expense Ratio | 1.02 |
| % Max Load | 4.00 |
| % Min Load | 0.00 |
| % Deferred Load | NA |
| % Redemption | 1.00 |
| % Max 12 B1 Fee | 0.25 |
| % Max Mgt Fee | 0.57 |
FAHYX : Purchase Choices:
| Min Initial Investment | 2500 |
| Min Subsequent Investment | 0 |
FAHYX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 9.50 | 10.02 | 9.76 | 10.56 | 10.12 | 5.71 | 9.05 | 9.97 | 9.34 | 10.37 | 10.86 |
| Total Return (%) | 43.52 | 14.80 | 4.60 | 16.53 | 2.22 | -38.93 | 69.41 | 17.85 | -0.19 | 18.06 | 5.62 |
| Annual Dividend Yield (%) | 9.57 | 7.93 | 6.57 | 6.88 | 6.49 | 10.55 | 5.09 | 6.26 | 6.38 | 4.53 | 4.26 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 145.59 | 36.64 | 18.64 | 46.69 | 3.48 | -151.37 | 111.99 | 27.45 | -51.84 | 22.58 | 8.64 |
| Rel Performance-Obj.Ret.(%) | 206.88 | 69.61 | 28.32 | 78.98 | 22.38 | -146.22 | 352.24 | 53.88 | -19.90 | 53.55 | 16.94 |
| Ret.Quintile vs Obj(1 is best) | 1 | 1 | 1 | 1 | 2 | 5 | 1 | 1 | 5 | 1 | 1 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 1,418 | 1,204 | 1,033 | 1,127 | 1,013 | 540 | 698 | 632 | 517 | 547 | 554 |
| Annual Turnover (%) | 67.00 | 53.00 | 51.00 | 35.00 | 45.00 | 49.00 | 53.00 | 68.00 | 66.00 | 0.00 | |
| Annual Dividend Paid ($) | 0.94 | 0.82 | 0.67 | 0.75 | 0.68 | 0.62 | 0.48 | 0.65 | 0.62 | 0.49 | 0.15 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.00 | 0.12 | 0.00 |
FAHYX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 1.69% | 3.70% | 8.91% | 5.62% | 14.83% | 10.26% | 8.82% | 10.12% | 6.77% | 8.21% |
| Ret. Percentile vs. Obj. (1 is best) | 43 | 9 | 3 | 7 | 8 | 21 | 37 | 1 | 15 | 5 |
FAHYX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | NA |
| Average Price/Book | NA |
| Average EPS Growth | NA |
| Average Market Value | NA |
FAHYX : Stock Sector Breakout - 05/13
FAHYX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| Data not available | ||