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    Fidelity High Income (SPHIX)

    8.79 0.00(0.00%) Jul 31

    Profile as of Jun 29, 2015Get Profile for:
    Fidelity High Income
    Fidelity Summer Street Trust82 Devonshire StreetBoston, MA 02109
    Map
    Phone: 800-544-8544
    Fund Overview 
    Category:High Yield Bond
    Fund Family:Fidelity Investments
    Net Assets:5.18B
    Year-to-Date Return:2.25%
    Yield:5.43%
    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:2,500
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    SPHIX can be purchased from 90 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. The fund invests in companies in troubled or uncertain financial condition. It invests in domestic and foreign issuers.

    Fund Operations 
    Last Dividend (Dec 4, 2014) : 0.04
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 29, 2015) : 37.00%
    Average for Category:64.24%
    Fees & Expenses 
    ExpenseSPHIXCategory Avg
    Annual Report Expense Ratio (net):0.72%1.07%
    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/A4.13%
    Max Deferred Sales Load: N/A2.06%
    3 Yr Expense Projection*:230510
    5 Yr Expense Projection*:401748
    10 Yr Expense Projection*:8941,516
    * Per $10,000 invested