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    Fidelity High Income (SPHIX)

    8.89 0.00(0.00%) Jan 30

    Profile as of Dec 30, 2014Get Profile for:
    Fidelity High Income
    Fidelity Summer Street Trust82 Devonshire StreetBoston, MA 02109
    Phone: 800-544-6666
    Fund Overview 
    Category:High Yield Bond
    Fund Family:Fidelity Investments
    Net Assets:5.37B
    Year-to-Date Return:1.53%
    Morningstar Rating:4 stars
    Fund Inception Date:Aug 29, 1990
    Morningstar Style Box 
    High Yield Bond
    [View Category Definition]
    View Top High Yield Bond Funds
    About the Morningstar Style Box
    Management Information 
    Fred Hoff
    Lead Manager since Jun 1, 2000
    Hoff is a portfolio manager with Fidelity Investments. Since joining the firm in 1991, he has also worked as an analyst and assistant portfolio manager.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:500
    Min Initial Investment, AIP:2,500
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:200
    SPHIX can be purchased from 88 brokerages.

    Fund Summary 
    The investment seeks a high level of current income; growth of capital may also be considered. The fund normally invests primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities. It potentially invests in non-income producing securities, including defaulted securities and common stocks.

    Fund Operations 
    Last Dividend : 0.00
    Last Cap Gain (Dec 4, 2014) : 0.00
    Annual Holdings Turnover (Jan 27, 2015) : 56.00%
    Average for Category:68.46%
    Fees & Expenses 
    ExpenseSPHIXCategory Avg
    Annual Report Expense Ratio (net):0.72%1.06%
    Prospectus Net Expense Ratio:0.72%N/A
    Prospectus Gross Expense Ratio:0.72%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.14%
    Max Deferred Sales Load: N/A2.13%
    3 Yr Expense Projection*:230532
    5 Yr Expense Projection*:401836
    10 Yr Expense Projection*:8941,719
    * Per $10,000 invested