Fidelity Global High Income Fund (FGHNX)
The fund invests primarily in income producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities, of U.S. and non-U.S. issuers, including emerging markets countries. It potentially invests in non-income producing securities, including defaulted securities and common stocks. The advisor uses a base neutral mix of approximately 60% U.S. high yield, 20% emerging markets debt, 15% European high yield, and 5% Asian high yield.
Fund Info
ISIN | US31641Q8548 |
---|---|
CUSIP | 31641Q854 |
Issuer | Fidelity |
Inception Date | May 11, 2011 |
Category | High Yield Bonds |
Min. Investment | $0 |
Asset Class | Bond |
Expense Ratio
FGHNX has a high expense ratio of 0.90%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FGHNX vs. FTLS
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Global High Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Global High Income Fund had a return of 3.26% year-to-date (YTD) and 11.08% in the last 12 months. Over the past 10 years, Fidelity Global High Income Fund had an annualized return of 3.54%, while the S&P 500 had an annualized return of 10.90%, indicating that Fidelity Global High Income Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.26% | 11.05% |
1 month | 2.43% | 4.86% |
6 months | 8.12% | 17.50% |
1 year | 11.08% | 27.37% |
5 years (annualized) | 3.06% | 13.14% |
10 years (annualized) | 3.54% | 10.90% |
Monthly Returns
The table below presents the monthly returns of FGHNX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.77% | 0.65% | 0.70% | -0.40% | 3.26% | ||||||||
2023 | 4.55% | -1.76% | 0.38% | 0.60% | -1.37% | 1.97% | 1.42% | -0.38% | -1.68% | -0.85% | 4.28% | 2.90% | 10.23% |
2022 | -2.37% | -1.95% | -0.74% | -3.66% | 0.06% | -6.92% | 3.00% | -0.03% | -4.64% | 0.92% | 4.79% | 0.49% | -11.03% |
2021 | 0.23% | 1.14% | 0.02% | 1.35% | 0.61% | 0.82% | -0.09% | 0.83% | -0.81% | -0.50% | -1.43% | 1.28% | 3.48% |
2020 | -0.02% | -1.83% | -14.10% | 5.19% | 5.33% | 1.76% | 4.18% | 1.33% | -1.34% | 0.05% | 4.28% | 1.96% | 5.32% |
2019 | 4.13% | 1.35% | 0.76% | 1.46% | -1.06% | 2.44% | 0.21% | -0.44% | 0.49% | 0.71% | 0.16% | 2.08% | 12.92% |
2018 | 1.08% | -1.09% | -0.82% | 0.23% | -0.75% | -0.89% | 2.01% | -0.22% | 0.82% | -2.02% | -1.16% | -1.24% | -4.06% |
2017 | 1.80% | 1.43% | -0.23% | 1.43% | 1.43% | 0.37% | 1.52% | 0.68% | 0.56% | 0.37% | 0.34% | 0.47% | 10.62% |
2016 | -1.80% | 0.08% | 4.84% | 2.92% | 0.21% | 0.41% | 2.75% | 2.24% | 0.38% | -0.77% | -1.35% | 1.61% | 11.91% |
2015 | 0.01% | 2.12% | -0.35% | 2.22% | 0.44% | -1.24% | -0.29% | -1.58% | -2.50% | 2.78% | -1.55% | -2.15% | -2.25% |
2014 | 0.04% | 2.39% | 0.23% | 0.70% | 1.11% | 1.24% | -1.31% | 1.20% | -2.25% | 0.95% | -0.68% | -1.81% | 1.72% |
2013 | 1.38% | -0.22% | 0.33% | 2.44% | -1.10% | -2.90% | 1.75% | -0.97% | 1.24% | 2.57% | 0.43% | 0.73% | 5.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FGHNX is 85, placing it in the top 15% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FGHNX (Fidelity Global High Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Global High Income Fund (FGHNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Global High Income Fund granted a 4.67% dividend yield in the last twelve months. The annual payout for that period amounted to $0.41 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.41 | $0.38 | $0.39 | $0.40 | $0.42 | $0.45 | $0.49 | $0.43 | $0.44 | $0.51 | $0.81 | $0.74 |
Dividend yield | 4.67% | 4.46% | 4.75% | 4.20% | 4.36% | 4.71% | 5.53% | 4.35% | 4.79% | 5.80% | 8.66% | 7.42% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Global High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.15 | |||||||
2023 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.38 |
2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.39 |
2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 | $0.40 |
2020 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.42 |
2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
2018 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.06 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.49 |
2017 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.43 |
2016 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.44 |
2015 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.51 |
2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.31 | $0.81 |
2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.18 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.14 | $0.74 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Global High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Global High Income Fund was 23.81%, occurring on Mar 23, 2020. Recovery took 114 trading sessions.
The current Fidelity Global High Income Fund drawdown is 0.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-23.81% | Feb 21, 2020 | 22 | Mar 23, 2020 | 114 | Sep 2, 2020 | 136 |
-18.23% | Sep 7, 2021 | 287 | Oct 21, 2022 | — | — | — |
-12.6% | May 20, 2011 | 95 | Oct 4, 2011 | 206 | Jul 31, 2012 | 301 |
-10.6% | Jun 4, 2015 | 175 | Feb 11, 2016 | 80 | Jun 7, 2016 | 255 |
-6.04% | Jul 7, 2014 | 115 | Dec 16, 2014 | 102 | May 14, 2015 | 217 |
Volatility
Volatility Chart
The current Fidelity Global High Income Fund volatility is 0.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.