Fact sheet: Fidelity US Hgh Yld

Fund information

Fund name
Fidelity US High Yield A USD
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Harley Lank
since 08/05/2003
Fund objective
Aims to provide high current income and capital growth. At least 70% invested in high-yielding, lower quality bonds of issuers that have their main business activities in the US. The fund may invest up to 10% into loans that comply with the criteria of Money Market Instruments. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Investments may be made in bonds issued in currencies other than the fund’s reference currency. Exposure to currencies may be hedged, for example with currency forward contracts. The reference currency is the currency used for reporting and may be different from the dealing currency. Can invest in bonds issued by governments, companies and other bodies. The types of bonds in which the fund will mainly invest will be subject to high risk and will not be required to meet a minimum rating standard. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
BofA ML US High Yield Constrained
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

9.12 %

1 Year rank in sector

11/50

Sector

FO Fixed Int - USD High Yield

Yield

4.33

Fund size

£ 4.0 b

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    83.59%
  • Europe
    4.76%
  • UK
    3.57%
  • Canada
    2.13%
  • France
    2.09%
  • Communications
    19.34%
  • Non-Cyclical Consumer Goods
    13.31%
  • Energy
    12.27%
  • Cyclical Consumer Goods
    11.19%
  • Utilities
    8.16%
  • US Fixed Interest
    92.78%
  • Money Market
    4.83%
  • Property
    1.76%
  • US Government Fixed Interest
    0.63%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.24 %4.84 %9.12 %14.83 %29.41 %
Sector0.83 %2.75 %6.93 %10.38 %24.51 %
Rank within sector11 / 586 / 5811 / 5013 / 4010 / 30
Quartile th1 st1 st1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund6.76 %13.48 %-3.73 %3.11 %5.09 %
Sector3.98 %12.74 %-3.11 %0.67 %6.23 %
Rank within sector2 / 5620 / 4928 / 439 / 3721 / 34
Quartile th1 st2 nd3 rd1 st3 rd

Risk statistics

Alpha0.96
Beta1.13
Sharpe0.13
Volatility5.78
Tracking error1.42
Information ratio0.92
R-Squared0.95

Price movement

52 week high12.75
52 week low11.66
Current bid price0
Current offer price0
Current mid price12.25

Holdings by region

  • 83.59% USA
  • 4.76% Europe
  • 3.57% UK
  • 2.13% Canada
  • 2.09% France
  • 1.22% Latin America
  • 0.64% Others
  • 0.58% Australasia
  • 0.36% Japan
  • 0.26% Not Specified

Holdings by sector

  • 19.34% Communications
  • 13.31% Non-Cyclical Consumer Goods
  • 12.27% Energy
  • 11.19% Cyclical Consumer Goods
  • 8.16% Utilities
  • 8.08% Banks
  • 6.08% Technology
  • 5.89% Basic Industries
  • 4.83% Money Market
  • 3.69% Capital Goods

Holdings by asset type

  • 92.78% US Fixed Interest
  • 4.83% Money Market
  • 1.76% Property
  • 0.63% US Government Fixed Interest

Individual holdings

-