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Fidelity High Income Fund (SPHIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3161464066

CUSIP

316146406

Issuer

Fidelity

Inception Date

Aug 29, 1990

Min. Investment

$0

Asset Class

Bond

Expense Ratio

SPHIX features an expense ratio of 0.70%, falling within the medium range.


Expense ratio chart for SPHIX: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SPHIX vs. FAGIX SPHIX vs. VOO SPHIX vs. AHITX SPHIX vs. XLP SPHIX vs. XLE SPHIX vs. VQNPX SPHIX vs. IYW SPHIX vs. FXAIX SPHIX vs. SGOV SPHIX vs. DGRO
Popular comparisons:
SPHIX vs. FAGIX SPHIX vs. VOO SPHIX vs. AHITX SPHIX vs. XLP SPHIX vs. XLE SPHIX vs. VQNPX SPHIX vs. IYW SPHIX vs. FXAIX SPHIX vs. SGOV SPHIX vs. DGRO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity 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.


900.00%1,000.00%1,100.00%1,200.00%1,300.00%1,400.00%1,500.00%JulyAugustSeptemberOctoberNovemberDecember
945.57%
1,466.56%
SPHIX (Fidelity High Income Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity High Income Fund had a return of 8.62% year-to-date (YTD) and 8.76% in the last 12 months. Over the past 10 years, Fidelity High Income Fund had an annualized return of 4.18%, while the S&P 500 had an annualized return of 11.06%, indicating that Fidelity High Income Fund did not perform as well as the benchmark.


SPHIX

YTD

8.62%

1M

-0.88%

6M

4.70%

1Y

8.76%

5Y*

2.51%

10Y*

4.18%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of SPHIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.98%0.58%0.78%-0.33%1.29%0.26%2.43%1.02%2.24%-0.27%0.76%8.62%
20234.09%-1.46%0.72%0.27%-0.58%1.81%1.41%-0.37%-1.48%-1.21%4.40%3.09%10.96%
2022-2.88%-1.10%-0.11%-4.12%0.38%-7.36%5.36%-1.30%-4.80%3.26%1.93%-1.74%-12.39%
2021-0.33%-0.03%0.37%1.04%0.01%1.62%0.35%0.69%-0.12%-0.34%-1.27%2.24%4.25%
2020-0.46%-1.61%-11.51%3.96%3.96%0.16%4.29%0.73%-1.05%0.00%3.46%1.56%2.46%
20194.73%1.79%0.56%1.46%-1.14%2.38%0.44%0.42%0.63%0.07%0.29%1.90%14.27%
20181.22%-1.16%-0.90%1.11%0.10%-0.11%1.46%0.78%0.64%-1.93%-1.17%-2.38%-2.40%
20171.48%1.64%0.10%1.09%0.99%-0.38%1.32%-0.02%1.07%0.53%-0.15%0.62%8.60%
2016-1.50%-0.28%4.68%3.68%0.69%0.34%2.41%2.59%0.67%-0.13%-0.37%2.35%16.00%
20150.36%2.33%-0.43%1.12%0.46%-1.56%-0.32%-1.58%-3.25%2.56%-2.35%-2.64%-5.37%
20140.46%1.81%0.13%0.21%0.86%0.72%-1.45%1.63%-2.22%1.55%-0.54%-1.50%1.57%
20131.33%0.53%1.00%1.61%-0.91%-2.71%2.11%-0.82%1.01%2.43%0.45%0.61%6.71%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 94, SPHIX is among the top 6% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of SPHIX is 9494
Overall Rank
The Sharpe Ratio Rank of SPHIX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of SPHIX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of SPHIX is 9595
Omega Ratio Rank
The Calmar Ratio Rank of SPHIX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of SPHIX is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity High Income Fund (SPHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SPHIX, currently valued at 2.64, compared to the broader market-1.000.001.002.003.004.002.642.10
The chart of Sortino ratio for SPHIX, currently valued at 3.94, compared to the broader market-2.000.002.004.006.008.0010.003.942.80
The chart of Omega ratio for SPHIX, currently valued at 1.59, compared to the broader market0.501.001.502.002.503.003.501.591.39
The chart of Calmar ratio for SPHIX, currently valued at 2.55, compared to the broader market0.002.004.006.008.0010.0012.0014.002.553.09
The chart of Martin ratio for SPHIX, currently valued at 18.01, compared to the broader market0.0020.0040.0060.0018.0113.49
SPHIX
^GSPC

The current Fidelity High Income Fund Sharpe ratio is 2.64. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity High Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
2.64
2.10
SPHIX (Fidelity High Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity High Income Fund provided a 5.20% dividend yield over the last twelve months, with an annual payout of $0.41 per share.


5.00%5.50%6.00%6.50%7.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.41$0.41$0.38$0.41$0.41$0.46$0.50$0.48$0.48$0.50$0.62$0.58

Dividend yield

5.20%5.43%5.17%4.74%4.71%5.11%6.00%5.40%5.45%6.26%6.97%6.16%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.00$0.00$0.37
2023$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.03$0.04$0.04$0.03$0.05$0.41
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$0.38
2021$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.08$0.41
2020$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.05$0.41
2019$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.46
2018$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.08$0.50
2017$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.08$0.48
2016$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.48
2015$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.50
2014$0.04$0.04$0.04$0.04$0.04$0.06$0.04$0.04$0.04$0.04$0.04$0.15$0.62
2013$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.11$0.58

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.63%
-2.62%
SPHIX (Fidelity High Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity 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 High Income Fund was 31.35%, occurring on Dec 15, 2008. Recovery took 162 trading sessions.

The current Fidelity High Income Fund drawdown is 1.63%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.35%May 20, 2008145Dec 15, 2008162Aug 7, 2009307
-26.05%Dec 14, 1999666Aug 13, 2002307Oct 31, 2003973
-22.44%Feb 21, 202022Mar 23, 2020172Nov 24, 2020194
-15.77%Jan 4, 2022188Sep 29, 2022406May 6, 2024594
-15.08%Jul 23, 199861Oct 15, 199885Feb 11, 1999146

Volatility

Volatility Chart

The current Fidelity High Income Fund volatility is 1.10%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.10%
3.79%
SPHIX (Fidelity High Income Fund)
Benchmark (^GSPC)
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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