Fidelity SAI High Income

Frequently Asked Questions About FSHGX

What does FSHGX invest in?

The Fidelity SAI High Income fund typically directs its investments towards securities designed to generate income, such as debt instruments, preferred shares, and convertible bonds. A notable emphasis is placed on lower-rated fixed-income assets—those considered below investment grade, commonly known as high-yield debt or "junk bonds." The fund also holds the discretion to acquire securities that do not produce immediate income, including distressed or defaulted bonds and common equities. Its portfolio may include offerings from both U.S. and international entities.

What is the expense ratio of FSHGX?

Fidelity SAI High Income (FSHGX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.

What is FSHGX's dividend yield?

FSHGX's trailing-twelve-month yield is 6.10%, calculated from the sum of dividends over the past year divided by the current price.

How big is FSHGX?

Fidelity SAI High Income (FSHGX) manages $2.86B 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 FSHGX actively managed or an index fund?

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

When was FSHGX launched?

Fidelity SAI High Income (FSHGX) launched in May 2021 and is managed by Fidelity.