FGHNX Performance — Fidelity Global High Income Fund
Data updated: 2024-09-25
FGHNX returned +10.00% over one year to Jul 2024. Annualised returns are +0.88% over 3 years and +3.01% over 5 years. The fund beat its Global Intermediate Corporate Bond category average: $100 invested three years ago grew to $103, against $100 for the category, and to $110 over one year, against $109. Volatility over the past three years was 8.31% a year. In the 12 months to Jul 2024 the fund lost a net $9.0M, and assets reached $71.57M.
FGHNX 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 | FGHNX | Category average |
|---|---|---|
| 1 year (Aug 2023 – Jul 2024) | $110 | $109 |
| 3 years (Aug 2021 – Jul 2024) | $103 | $100 |
| 5 years (Aug 2019 – Jul 2024) | $116 | $114 |
FGHNX Trailing Returns
Total returns to Jul 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +10.00% |
| 3 years (annualised) | +0.88% |
| 5 years (annualised) | +3.01% |
FGHNX 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) | +5.11% |
| 2023 | +10.21% |
| 2022 | −10.78% |
| 2021 | +3.46% |
| 2020 | +5.30% |
| 2019 (Aug–Dec) | +3.01% |
FGHNX 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 | +0.3% | +0.7% | +1.1% | −0.8% | +1.6% | +0.5% | +1.6% | — | — | — | — | — |
| 2023 | +4.1% | −1.8% | +0.4% | +1.0% | −1.7% | +2.0% | +1.4% | −0.4% | −1.3% | −1.2% | +4.3% | +3.4% |
| 2022 | −2.4% | −1.9% | −0.7% | −3.3% | −0.3% | −6.9% | +3.4% | −0.4% | −4.6% | +0.9% | +4.7% | +0.9% |
| 2021 | +0.2% | +1.1% | 0.0% | +1.4% | +0.6% | +0.8% | −0.1% | +0.8% | −0.8% | −0.5% | −1.4% | +1.3% |
| 2020 | 0.0% | −1.8% | −14.1% | +5.2% | +5.3% | +1.8% | +4.2% | +1.3% | −1.4% | 0.0% | +4.3% | +2.0% |
| 2019 | — | — | — | — | — | — | — | −0.4% | +0.5% | +0.7% | +0.2% | +2.1% |
FGHNX Risk
Risk measures from monthly returns over Aug 2021 – Jul 2024.
- 3-year volatility (annualised): 8.31%
- 3-year Sharpe ratio: -0.44 (vs 4.5% risk-free rate)
- Best month: +4.65% (Nov 2022)
- Worst month: −6.92% (Jun 2022)
FGHNX 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 |
FGHNX 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.