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FHYIX

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    8.7429$
  • Previous Close
    8.7429$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FHYIX.US represents the Fidelity High Yield Fund, a mutual fund offered by Fidelity Investments. This fund aims to provide investors with a high level of current income by investing primarily in high-yield debt securities, commonly known as junk bonds. These bonds are typically issued by companies with lower credit ratings and therefore carry a higher risk of default compared to investment-grade bonds, but they also offer the potential for higher returns. The fund's performance can be sensitive to changes in interest rates and credit spreads.
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Factors

Interest Rates: Rising interest rates generally decrease bond prices, as newly issued bonds offer higher yields. Credit Risk: Changes in the perceived creditworthiness of bond issuers within the fund's portfolio affect its value. Inflation Expectations: Higher inflation expectations can erode the real value of fixed income, lowering bond prices. Market Liquidity: Lower liquidity in the bond market can widen bid-ask spreads, potentially impacting fund pricing. Economic Growth: Stronger economic growth can lead to higher interest rates, negatively affecting bond prices.

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