FHIFX — Fidelity Focused High Income Fund
Data updated: 2026-07-10
FHIFX — Fidelity Focused High Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Corporate Bond · $197.46M AUM · 0.75% expense ratio · 8.9% 1-yr return. From SEC regulatory filings.
FHIFX Fund Overview
FHIFX — Fidelity Focused High Income Fund is a US mutual fund managed by Fidelity Summer Street Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Summer Street Trust
- Category: Intermediate Corporate Bond
- Assets under management: $197.46M
- 1-year return: 8.9%
- Ticker: FHIFX
- SEC CIK: 0000225322
- SEC series ID: S000017689
- Share class ID: C000048885
FHIFX Holdings
Top 10 holdings of Fidelity Focused High Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Revere Street Trust | 8.22% |
| Fidelity Revere Street Trust | 3.34% |
| Yum Brands, Inc. | 0.78% |
| Vistra Operations Co. LLC | 0.77% |
| Carnival Corp. | 0.70% |
| Tenet Healthcare Corp. | 0.68% |
| Pr Rno Property Owner 1 LLC | 0.60% |
| Apld Computeco LLC | 0.59% |
| Seagate Data Storage Technology Pte Ltd. | 0.56% |
| Core Scientific Finance I LLC | 0.55% |
FHIFX Portfolio Allocation
Asset-class allocation of Fidelity Focused High Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 85.9% |
| Cash & Equivalents | 11.6% |
| Loans | 6.0% |
| Equity | 5.2% |
| Securitized | 0.2% |
FHIFX Performance
Total returns for FHIFX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.4% |
| 1 year | 8.9% |
| 3 years (annualised) | 7.4% |
| 5 years (annualised) | 3.4% |
FHIFX Risk Information
Risk metrics for FHIFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.5%
FHIFX Costs and Fees
FHIFX costs about $75 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.75%
- Gross expense ratio: 0.76%
- Portfolio turnover: 77%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FHIFX Cashflows
Over the 12 months to 2026-04, Fidelity Focused High Income Fund had net inflows of $3.63M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $5.18M |
| 2026-03 | −$1.41M |
| 2026-02 | $544.32K |
| 2026-01 | −$385.94K |
| 2025-12 | $2.09M |
| 2025-11 | $118.67K |
FHIFX Debt Constituents
Largest debt holdings of Fidelity Focused High Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Yum Brands, Inc. | 0.78% |
| Vistra Operations Co. LLC | 0.77% |
| Carnival Corp. | 0.70% |
| Tenet Healthcare Corp. | 0.68% |
| Pr Rno Property Owner 1 LLC | 0.60% |
| Apld Computeco LLC | 0.59% |
| Seagate Data Storage Technology Pte Ltd. | 0.56% |
| Core Scientific Finance I LLC | 0.55% |
| Transdigm, Inc. | 0.52% |
| 1011778 B C Unlimited Liability Co. / New Red Fin, Inc. | 0.52% |
FHIFX Prospectus and SEC Filings
Official Fidelity Focused High Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.