FGHCX Performance — Fidelity Global High Income Fund, Class C
Data updated: 2024-09-25
FGHCX returned −3.32% over one year to Jul 2024. Annualised returns are −11.34% over 3 years and −9.46% over 5 years. The fund trailed its Global Intermediate Corporate Bond category average: $100 invested three years ago grew to $70, against $100 for the category, and to $97 over one year, against $109. Volatility over the past three years was 8.25% a year. In the 12 months to Jul 2024 the fund lost a net $9.0M, and assets reached $71.57M.
FGHCX Growth of $100
What $100 invested in Fidelity Global High Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Intermediate Corporate Bond category average over the same months.
| Period | FGHCX | Category average |
|---|---|---|
| 1 year (Aug 2023 – Jul 2024) | $97 | $109 |
| 3 years (Aug 2021 – Jul 2024) | $70 | $100 |
| 5 years (Aug 2019 – Jul 2024) | $61 | $114 |
FGHCX Trailing Returns
Total returns to Jul 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −3.32% |
| 3 years (annualised) | −11.34% |
| 5 years (annualised) | −9.46% |
FGHCX Annual Returns
Calendar-year total returns of Fidelity Global High Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jul) | −2.53% |
| 2023 | −3.11% |
| 2022 | −21.50% |
| 2021 | −9.24% |
| 2020 | −7.36% |
| 2019 (Aug–Dec) | −2.40% |
FGHCX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −0.8% | −0.4% | +0.1% | −1.9% | +0.5% | −0.6% | +0.6% | — | — | — | — | — |
| 2023 | +3.0% | −2.8% | −0.7% | −0.1% | −2.8% | +0.9% | +0.3% | −1.5% | −2.4% | −2.3% | +3.1% | +2.4% |
| 2022 | −3.4% | −3.0% | −1.8% | −4.3% | −1.4% | −7.9% | +2.3% | −1.5% | −5.7% | 0.0% | +3.6% | −0.2% |
| 2021 | −0.9% | +0.1% | −1.1% | +0.2% | −0.4% | −0.3% | −1.2% | −0.4% | −1.8% | −1.7% | −2.5% | +0.2% |
| 2020 | −1.1% | −2.9% | −15.0% | +4.1% | +4.2% | +0.6% | +3.2% | +0.2% | −2.4% | −1.0% | +3.2% | +0.9% |
| 2019 | — | — | — | — | — | — | — | −1.5% | −0.6% | −0.4% | −0.9% | +1.0% |
FGHCX Risk
Risk measures from monthly returns over Aug 2021 – Jul 2024.
- 3-year volatility (annualised): 8.25%
- 3-year Sharpe ratio: -1.92 (vs 4.5% risk-free rate)
- Best month: +3.56% (Nov 2022)
- Worst month: −7.93% (Jun 2022)
FGHCX Fund Flows
Monthly money in and out of Fidelity Global High Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$9.0M
- 12-month gross sales (incl. reinvestments): $13.8M
- Sales ÷ redemptions: 0.61×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2024 | $256K | $1.6M | −$1.3M |
| Jun 2024 | $258K | $2.0M | −$1.8M |
| May 2024 | $526K | $1.6M | −$1.1M |
| Apr 2024 | $904K | $2.7M | −$1.8M |
| Mar 2024 | $1.5M | $1.7M | −$278K |
| Feb 2024 | $2.0M | $2.2M | −$281K |
| Jan 2024 | $2.7M | $1.6M | $1.1M |
| Dec 2023 | $1.8M | $2.0M | −$211K |
| Nov 2023 | $1.1M | $2.0M | −$867K |
| Oct 2023 | $709K | $2.0M | −$1.3M |
| Sep 2023 | $933K | $1.4M | −$433K |
| Aug 2023 | $1.2M | $1.9M | −$711K |
FGHCX Assets Under Management
Net assets of Fidelity Global High Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-07-31 | $71.57M |
| 2024-04-30 | $74.00M |
| 2024-01-31 | $76.65M |
| 2023-10-31 | $71.80M |
| 2023-07-31 | $77.28M |
| 2023-04-30 | $78.03M |
| 2023-01-31 | $81.40M |
| 2022-10-31 | $71.91M |
| 2022-07-31 | $82.64M |
| 2022-04-30 | $95.99M |
| 2022-01-31 | $110.64M |
| 2021-10-31 | $119.20M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.