Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.7%
1 yr return
7.7%
3 Yr Avg Return
0.2%
5 Yr Avg Return
1.7%
Net Assets
$2.69 B
Holdings in Top 10
8.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.14%
SALES FEES
Front Load 4.00%
Deferred Load 1.00%
TRADING FEES
Turnover 62.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FGQMX - Profile
Distributions
- YTD Total Return 0.7%
- 3 Yr Annualized Total Return 0.2%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.32%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity High Income Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateDec 07, 2018
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Weaver
Fund Description
FGQMX - Performance
Return Ranking - Trailing
Period | FGQMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.7% | -6.8% | 4.6% | 20.69% |
1 Yr | 7.7% | -9.2% | 14.6% | 38.99% |
3 Yr | 0.2%* | -16.4% | 19.8% | 69.62% |
5 Yr | 1.7%* | -11.9% | 36.5% | 87.15% |
10 Yr | N/A* | -4.8% | 19.3% | 68.09% |
* Annualized
Return Ranking - Calendar
Period | FGQMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -4.7% | 14.3% | 59.75% |
2022 | -16.2% | -33.4% | 3.6% | 63.94% |
2021 | -0.5% | -8.4% | 14.9% | 68.36% |
2020 | -2.6% | -13.9% | 302.7% | 87.33% |
2019 | 8.5% | -4.4% | 13.3% | 39.86% |
Total Return Ranking - Trailing
Period | FGQMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.7% | -6.8% | 4.6% | 20.69% |
1 Yr | 7.7% | -9.2% | 14.6% | 38.99% |
3 Yr | 0.2%* | -16.4% | 19.8% | 69.62% |
5 Yr | 1.7%* | -11.9% | 36.5% | 87.15% |
10 Yr | N/A* | -4.8% | 19.3% | 81.77% |
* Annualized
Total Return Ranking - Calendar
Period | FGQMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.6% | -4.7% | 18.2% | 78.63% |
2022 | -12.3% | -33.4% | 47.8% | 82.20% |
2021 | 4.4% | -8.4% | 24.8% | 64.92% |
2020 | 2.4% | -9.6% | 325.6% | 89.19% |
2019 | 14.4% | 0.9% | 21.5% | 37.78% |
NAV & Total Return History
FGQMX - Holdings
Concentration Analysis
FGQMX | Category Low | Category High | FGQMX % Rank | |
---|---|---|---|---|
Net Assets | 2.69 B | 1.45 M | 23.6 B | 16.64% |
Number of Holdings | 731 | 2 | 2736 | 14.24% |
Net Assets in Top 10 | 231 M | -492 M | 4.45 B | 22.60% |
Weighting of Top 10 | 8.66% | 4.2% | 146.9% | 87.93% |
Top 10 Holdings
- Fidelity Private Credit Central Fund LLC 1.78%
- SOUTHEASTERN GROCERS INC 1.24%
- Fidelity Cash Central Fund 0.94%
- NEW FORTRESS ENERGY INC 6.5% 09/30/2026 144A 0.86%
- ICAHN ENTERPRISES LP/FIN CORP 5.25% 05/15/2027 0.75%
- TRANSDIGM INC 5.5% 11/15/2027 0.75%
- MESQUITE ENERGY INC 0.64%
- CHS/CMNTY HEALTH SYSTEMS INC 5.25% 05/15/2030 144A 0.61%
- RAND PARENT LLC 8.5% 02/15/2030 144A 0.55%
- DISH NETWORK CORP CONV 3.375% 08/15/2026 0.55%
Asset Allocation
Weighting | Return Low | Return High | FGQMX % Rank | |
---|---|---|---|---|
Bonds | 91.47% | -3.13% | 154.38% | 76.12% |
Stocks | 4.70% | 0.00% | 99.54% | 10.48% |
Preferred Stocks | 2.50% | 0.00% | 7.88% | 3.25% |
Convertible Bonds | 1.42% | 0.00% | 17.89% | 34.06% |
Cash | 1.33% | -52.00% | 48.07% | 85.76% |
Other | 0.00% | -63.70% | 102.57% | 65.33% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FGQMX % Rank | |
---|---|---|---|---|
Consumer Defense | 53.53% | 0.00% | 100.00% | 4.21% |
Energy | 21.72% | 0.00% | 100.00% | 53.09% |
Utilities | 10.83% | 0.00% | 100.00% | 10.39% |
Consumer Cyclical | 7.78% | 0.00% | 100.00% | 19.66% |
Communication Services | 6.15% | 0.00% | 99.99% | 38.48% |
Technology | 0.00% | 0.00% | 33.17% | 67.70% |
Real Estate | 0.00% | 0.00% | 86.71% | 62.64% |
Industrials | 0.00% | 0.00% | 93.12% | 67.42% |
Healthcare | 0.00% | 0.00% | 22.17% | 61.24% |
Financial Services | 0.00% | 0.00% | 100.00% | 66.29% |
Basic Materials | 0.00% | 0.00% | 100.00% | 64.89% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FGQMX % Rank | |
---|---|---|---|---|
US | 4.58% | 0.00% | 99.54% | 10.53% |
Non US | 0.12% | -0.01% | 0.83% | 4.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FGQMX % Rank | |
---|---|---|---|---|
Corporate | 97.58% | 0.00% | 129.69% | 20.31% |
Cash & Equivalents | 1.09% | 0.00% | 48.07% | 71.67% |
Derivative | 0.00% | -15.04% | 42.26% | 60.84% |
Securitized | 0.00% | 0.00% | 97.24% | 76.12% |
Municipal | 0.00% | 0.00% | 4.66% | 56.74% |
Government | 0.00% | 0.00% | 99.07% | 68.68% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FGQMX % Rank | |
---|---|---|---|---|
US | 91.47% | -3.13% | 129.21% | 59.60% |
Non US | 0.00% | 0.00% | 98.19% | 71.83% |
FGQMX - Expenses
Operational Fees
FGQMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.14% | 0.04% | 31.61% | 38.70% |
Management Fee | 0.71% | 0.00% | 1.84% | 87.19% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 38.24% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
FGQMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.00% | 2.25% | 5.75% | 55.56% |
Deferred Load | 1.00% | 1.00% | 5.00% | 55.42% |
Trading Fees
FGQMX 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.
FGQMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 62.00% | 1.00% | 255.00% | 43.63% |
FGQMX - Distributions
Dividend Yield Analysis
FGQMX | Category Low | Category High | FGQMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 48.30% | 75.69% |
Dividend Distribution Analysis
FGQMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FGQMX | Category Low | Category High | FGQMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.32% | -2.39% | 14.30% | 54.17% |
Capital Gain Distribution Analysis
FGQMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.035 | OrdinaryDividend |
Mar 01, 2024 | $0.032 | OrdinaryDividend |
Feb 01, 2024 | $0.034 | DailyAccrualFund |
Jan 01, 2024 | $0.037 | OrdinaryDividend |
Dec 22, 2023 | $0.009 | OrdinaryDividend |
Dec 01, 2023 | $0.033 | OrdinaryDividend |
Nov 01, 2023 | $0.035 | OrdinaryDividend |
Oct 01, 2023 | $0.033 | OrdinaryDividend |
Sep 01, 2023 | $0.030 | OrdinaryDividend |
Aug 01, 2023 | $0.032 | OrdinaryDividend |
Jul 01, 2023 | $0.030 | OrdinaryDividend |
Jun 01, 2023 | $0.033 | OrdinaryDividend |
May 01, 2023 | $0.031 | OrdinaryDividend |
Apr 01, 2023 | $0.031 | OrdinaryDividend |
Mar 01, 2023 | $0.028 | OrdinaryDividend |
Feb 01, 2023 | $0.031 | OrdinaryDividend |
Jan 01, 2023 | $0.031 | DailyAccrualFund |
Dec 23, 2022 | $0.011 | DailyAccrualFund |
Dec 01, 2022 | $0.029 | DailyAccrualFund |
Nov 01, 2022 | $0.030 | DailyAccrualFund |
Oct 03, 2022 | $0.028 | DailyAccrualFund |
Sep 01, 2022 | $0.029 | DailyAccrualFund |
Aug 01, 2022 | $0.029 | DailyAccrualFund |
Jul 01, 2022 | $0.028 | DailyAccrualFund |
Jun 01, 2022 | $0.029 | DailyAccrualFund |
May 02, 2022 | $0.027 | DailyAccrualFund |
Apr 01, 2022 | $0.029 | DailyAccrualFund |
Mar 01, 2022 | $0.025 | DailyAccrualFund |
Feb 01, 2022 | $0.028 | DailyAccrualFund |
Jan 01, 2022 | $0.028 | DailyAccrualFund |
Dec 23, 2021 | $0.052 | DailyAccrualFund |
Dec 01, 2021 | $0.027 | DailyAccrualFund |
Nov 01, 2021 | $0.028 | DailyAccrualFund |
Oct 01, 2021 | $0.026 | DailyAccrualFund |
Sep 01, 2021 | $0.028 | DailyAccrualFund |
Aug 01, 2021 | $0.029 | DailyAccrualFund |
Jul 01, 2021 | $0.028 | DailyAccrualFund |
Jun 01, 2021 | $0.029 | DailyAccrualFund |
May 01, 2021 | $0.028 | DailyAccrualFund |
Apr 01, 2021 | $0.030 | DailyAccrualFund |
Mar 01, 2021 | $0.025 | DailyAccrualFund |
Feb 01, 2021 | $0.029 | DailyAccrualFund |
Jan 04, 2021 | $0.028 | DailyAccrualFund |
Dec 24, 2020 | $0.015 | DailyAccrualFund |
Dec 01, 2020 | $0.028 | DailyAccrualFund |
Nov 02, 2020 | $0.028 | DailyAccrualFund |
Oct 01, 2020 | $0.028 | DailyAccrualFund |
Sep 01, 2020 | $0.030 | DailyAccrualFund |
Aug 03, 2020 | $0.029 | DailyAccrualFund |
Jul 01, 2020 | $0.031 | DailyAccrualFund |
Jun 01, 2020 | $0.032 | DailyAccrualFund |
May 01, 2020 | $0.031 | DailyAccrualFund |
Apr 01, 2020 | $0.037 | DailyAccrualFund |
Mar 02, 2020 | $0.035 | DailyAccrualFund |
Feb 03, 2020 | $0.036 | DailyAccrualFund |
Jan 02, 2020 | $0.030 | DailyAccrualFund |
Dec 27, 2019 | $0.016 | ExtraDividend |
Dec 02, 2019 | $0.034 | DailyAccrualFund |
Nov 01, 2019 | $0.034 | DailyAccrualFund |
Oct 01, 2019 | $0.033 | DailyAccrualFund |
Sep 03, 2019 | $0.035 | DailyAccrualFund |
Aug 01, 2019 | $0.037 | DailyAccrualFund |
Jul 01, 2019 | $0.035 | OrdinaryDividend |
Jun 03, 2019 | $0.036 | DailyAccrualFund |
May 01, 2019 | $0.035 | DailyAccrualFund |
Apr 01, 2019 | $0.036 | DailyAccrualFund |
Mar 01, 2019 | $0.032 | DailyAccrualFund |
Feb 01, 2019 | $0.038 | DailyAccrualFund |
Jan 02, 2019 | $0.034 | OrdinaryDividend |
Dec 28, 2018 | $0.036 | ExtraDividend |
FGQMX - Fund Manager Analysis
Managers
Michael Weaver
Start Date
Tenure
Tenure Rank
Oct 01, 2018
3.67
3.7%
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 01, 2018
3.5
3.5%
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.
Benjamin Harrison
Start Date
Tenure
Tenure Rank
Jan 03, 2022
0.41
0.4%
Since joining Fidelity Investments in 2009, Mr. Harrison has worked as a managing director of research and business development and portfolio manager.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.12 | 8.17 |