Fidelity Investments·2026-06-24·via All Articles on Seeking Alpha
Summary
For the quarter, Fidelity High Income Fund's Retail Class shares gained 0.31%, topping the -0.55% return of the benchmark, the ICE BofA® US High Yield Constrained Index.
The Iran war sent a shockwave through oil markets, with the potential to dampen growth and stoke inflation.
By industry, security selection and an overweight in energy was the top contributor to performance versus the benchmark.
PM Images/DigitalVision via Getty Images
Investment Approach
Fidelity® High Income Fund is a diversified high-yield bond strategy focused on investing primarily in the bonds of non-investment-grade companies.
We apply a core investment approach, with the majority of the fund concentrated
