Fidelity Capital & Income Fund

(FAGIX)
Buy/Trade
No Transaction Fee

No Transaction Fee 1

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YTD Performance as of 05/15/2012 7.94%
1 Year* -0.77%
3 Year* 22.19%
5 Year* 7.59%
10 Year* 10.82%
Life* 10.25%
NAV as of 05/15/2012 9.16
Morningstar Category High Yield Bond
Overall Morningstar Rating Morningstar Rating 4 star
12 Month Low-High $8.26 - $9.94
Net Assets ($M) as of 04/30/2012 $9,589.47
30-Day Yield2 as of 05/14/2012 5.99%
Minimum to Invest 3 $2,500.00 ($2,500.00 for IRA)
Transaction Fee (online) None
Expense Ratio 0.76%
* Performance as of 04/30/2012 | All performance data above is not load-adjusted.
 Additional performance data including quarter-end returns
 Detailed Quote

Performance & Volatility (FAGIX)

Average Annual Total Returns (%)

4  as of 04/30/2012   More information
FAGIX BofA ML US HY/HY Const Bl
1 Year -0.77 5.10
3 Year 22.19 19.75
5 Year 7.59 7.95
10 Year 10.82 9.03

Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance for periods less than one year are cumulative, not annualized. Total returns include changes in share price and reinvestment of dividends and capital gains, if any.

Volatility Measure

 as of 04/30/2012More information
Beta 1.31
R² 0.92
Standard Deviation 12.04
All measures are over a 3 year period.

  More about Performance & Risk

Portfolio Data

  More information
Weighted Average Maturity as of 04/30/2012 6.2  Years
Duration and Maturity Distribution

Ratings (FAGIX)

Overall Morningstar Rating

 as of 04/30/2012   More information
Overall MorningStar Rating 4stars

The number of funds in Morningstar's High Yield Bond category was 502. The Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Ratings Metrics as of the date stated. See more information on the fund's Morningstar Ratings.

Fund Pick 

Fundpicks Image  More information

This fund has been selected as a Fund Pick. Fund Picks from FidelitySM are chosen by Strategic Advisers, who apply Selection Criteria to funds in Morningstar Investment Categories.

  More about Ratings

 

Growth of Hypothetical $10,0005

Shows growth of a hypothetical $10,000 investment in Fidelity Capital & Income Fund over the selected time period.
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Composition (FAGIX)

Strategy

  More information

Investing in equity and debt securities, including defaulted securities, with an emphasis on lower-quality debt securities. Investing in companies in troubled or uncertain financial condition.

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(top performing funds from Fidelity and other companies)

 

Fund Manager

  More information
Fund Manager(s): Mark Notkin

Top 10 Holdings

6  as of 03/30/2012  More information
HCA HLDGS INC 7.75% 5/15/21
GMAC LLC MTN 8% 11/01/31
TXU ENERGY TERM B EXT 10/10/17
ENERGY FUT CO 10% 12/01/20
WIND ACQUI 11.75 7/17 144A USD
DIGICEL GRP LTD 10.5% 4/18 144
SPRINT CAP CORP 8.75% 3/15/32
CIT GROUP NEW 5.5 2/15/19 144A
CALPINE CORP 7.875% 1/23 144A
ENERGY FUT CO 11% 10/01/21
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"Top Ten Holdings chart".
11.71% of Portfolio
Total Number of Holdings: 562

  More about Composition
  1. No Transaction Fee Fidelity funds are available without paying a trading fee to Fidelity or a sales load to the fund. However, the fund may charge a short-term trading or redemption fee to protect the interests of long-term shareholders of the fund. Shares are subject to the fund's management and operating expenses. See Expenses & Fees for more information.
  2. The fund's 30-day yield is based on yield to maturity of a fund's investments over a 30-day period and not on the dividends paid by the fund, which may differ.
  3. Minimum investment for SEP-IRAs or Keoghs is $500.
  4. Total returns include changes in share price and reinvestment of dividends and capital gains, if any. Quarter-end returns include the effect of any applicable recurring and non-recurring fees (including short-term trading fees or redemption fees).
  5. The chart illustrates the performance of a hypothetical $10,000 investment made in the fund ten years ago or on commencement of operations (whichever is later). Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.
  6. Any holdings, asset allocation, diversification breakdowns or other composition data shown are as of the date indicated and are subject to change at any time. They may not be representative of the fund's current or future investments. The Top Ten holdings do not include money market instruments or futures contracts, if any. Depository receipts are normally combined with the underlying security. Some breakdowns may be intentionally limited to a particular asset class or other subset of the fund's entire portfolio, particularly in multi-asset class funds where the attributes of the equity and fixed income portions are different.

    Under the Asset Allocation section, "Tax-Advantaged Domiciles" represent countries whose tax policies may be favorable for company incorporation.

Before investing, consider the fund's investment objectives, risks, charges and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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