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Morningstar

Fidelity Capital & Income FAGIX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.95  /  +0.41 %
  • Total Assets 12.9 Bil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.930%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 5.21%
  • Effective Duration —

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FAGIX

Will FAGIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAGIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FAGIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FAGIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This team checks all the boxes.

Analyst Max Curtin

Max Curtin

Analyst

Summary

Fidelity Capital & Income’s robust credit and equity research capabilities have long provided this strategy an edge over peers. Appreciation for the managers’ ability to harness these insights supports a People Pillar upgrade to High from Above Average.

by Max Curtin
Rated on Published on

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Portfolio Holdings FAGIX

More FAGIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

5.11 644.5 Mil
Cash and Equivalents

Fid Private Credit Cf Llc

2.81 354.8 Mil
—

Ally Financial Inc. 8%

1.24 156.4 Mil
Corporate

TransDigm, Inc. 5.5%

0.96 120.7 Mil
Corporate

NVIDIA Corp

0.92 116.6 Mil
Technology

Energy Transfer LP 9.5966%

0.88 110.9 Mil
Corporate

Meta Platforms Inc Class A

0.82 103.8 Mil
Communication Services

US LBM TERM B 1LN 12/18/27

0.81 102.1 Mil
Corporate

Bank of America Corp. 5.875%

0.78 98.4 Mil
Corporate

Tibco Software Inc 6.5%

0.77 96.5 Mil
Corporate