Equity Overview
Price & Market Data
Price: $49.01
Daily Change: +$0.049 / 0.10%
Daily Range: $48.95 - $49.05
Market Cap: $0
Daily Volume: 46,651
Performance Metrics
1 Week: 0.18%
1 Month: 0.29%
3 Months: 2.85%
6 Months: 0.45%
1 Year: 0.60%
YTD: 1.07%
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 US 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.