Equity Overview
Price & Market Data
Price: $49.23
Daily Change: +$0.13 / 0.26%
Daily Range: $49.05 - $49.23
Market Cap: $0
Daily Volume: 37,171
Performance Metrics
1 Week: 1.03%
1 Month: 1.34%
3 Months: -0.44%
6 Months: 0.29%
1 Year: 5.92%
YTD: -0.30%
Details
The fund normally invests at least 80% of its assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds). The advisor uses the ICE® BofA® BB-B U.S. High Yield Constrained Index as a guide in structuring the fund and selecting its investments as it relates to credit quality distribution and risk characteristics. The fund normally invests primarily in securities rated BB or B by S&P, Ba or B by Moody's, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality.