Equity Overview
Price & Market Data
Price: $47.60
Daily Change: +$0.19 / 0.40%
Range: $47.50 - $47.61
Market Cap: $0
Volume: 5,010
Performance Metrics
1 Week: 1.28%
1 Month: -1.96%
3 Months: -2.44%
6 Months: -2.46%
1 Year: 0.34%
YTD: -1.35%
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.