Fidelity Short Duration High Income Fund

Frequently Asked Questions About FSAHX

What does FSAHX invest in?

This fund primarily allocates its assets to income-generating fixed-income instruments, preferred shares, and convertible securities, with a particular focus on higher-yielding, below investment-grade debt. The portfolio typically targets securities rated BB or B by Standard & Poor's (S&P) or Ba or B by Moody's Investors Service (Moody's), or those with comparable ratings from other recognized credit agencies. For unrated holdings, Fidelity Management & Research Company (FMR) assesses them to be of equivalent credit quality. To manage interest rate risk, the fund maintains a relatively short duration, generally three years or less.

What is the expense ratio of FSAHX?

Fidelity Short Duration High Income Fund (FSAHX) charges an expense ratio of 0.72%. This is the annual fee deducted from fund assets to cover management and operations.

What is FSAHX's dividend yield?

FSAHX's trailing-twelve-month yield is 7.88%, calculated from the sum of dividends over the past year divided by the current price.

How big is FSAHX?

Fidelity Short Duration High Income Fund (FSAHX) manages $345.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FSAHX actively managed or an index fund?

FSAHX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FSAHX launched?

Fidelity Short Duration High Income Fund (FSAHX) launched in November 2013 and is managed by Fidelity.