Fund code: 2468

  • NAV $12.20 -$0.13 / -1.09%
    06-Mar-2026
  • Inception 28-May-2014
  • Benchmark None
  • Aggregate assets
    (all series)     $9.450B
    28-Feb-2026
  • MER 2.09%
    30-Sep-2025
  • Distributions
  • Trailing 12 month yield 1.84%
    27-Feb-2026
  • Morningstar category Tactical Balanced
  • Also available through ETF Series CDN$, Trust currency neutral, Trust CDN$ and Trust T-Series
  • Get Fund Facts

End investment

Annualized return

Choose a chart type (percentage or dollar)
Choose a predefined chart period
to:

Start NAV

$10.0000

End NAV

$10.4031
Choose a predefined chart period
to:

Calendar returns (%) 28-Feb-2026

YTD 2026 2025 2024 2023 2022 2021 2020 2019
Fund 6.79 12.44 8.15 10.30 -13.96 15.11 14.35 21.21

Standard period returns (%) 28-Feb-2026

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr 10 yr Inception
Fund 3.43 5.76 10.54 19.03 10.72 6.38 8.22 6.71

Why invest in this fund?

  • A diversified income solution that can offer the potential for enhanced yield.
  • Employs active asset allocation to take advantage of market opportunities.
  • Leverages  Fidelity’s global resources and expertise in high-income investing.

Risk measures (%) 31-Jan-2026

Fund
Annualized standard deviation 8.73
Beta 1.04
R² 0.72

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a low to medium volatility rating

Allocation

Asset mix (%)

31-Jan-2026

Country mix (%)

31-Jan-2026

Sector mix (%)

31-Jan-2026
12 months ago Last month Current month
Sovereign 18.7 21.0 20.1
Technology & Electronics 13.9 19.0 18.9
Health Care - 10.4 9.6
Energy 9.1 8.1 9.0
Capital Goods 5.0 4.0 4.7
Retail 7.7 3.9 4.4
Media 4.9 3.4 4.3
Consumer Goods - 3.7 3.9
Telecom. - 3.8 3.7
Basic Industry 5.1 - 3.1
Utility - 3.6 -
Transportation 5.1 - -
Financial Services 4.2 - -
Banking 3.9 - -

Top ten holdings

  1. USTB 1.875% 02/15/51
  2. USTB 1.25% 05/15/50
  3. STRATEGY INC 9%/VAR PERP PFD
  4. STRATEGY INC SER A 10% PERP PF
  5. ECHOSTAR CORP CPIK VAR 11/30
  6. Alphabet, Cl. A
  7. DHT Holdings
  8. INTERNATIONAL SEAWAYS INC
  9. TransAlta Corporation
  10. NOTA DO TESOURO 10% 01/01/27
Total number of holdings 334
Top ten holdings aggregate 39.2%
  1. USTB 1.875% 02/15/51
  2. USTB 1.25% 05/15/50
  3. TransAlta Corporation
  4. Capital Power
  5. DHT Holdings
  6. Nvidia
  7. STRATEGY INC SER A 10% PERP PF
  8. NOTA DO TESOURO 10% 01/01/27
  9. STRATEGY INC 9%/VAR PERP PFD
  10. Alphabet, Cl. A
Total number of holdings 375
Top ten holdings aggregate 32.1%
  1. USTB 1.25% 05/15/50
  2. USTB 1.875% 02/15/51
  3. Nvidia
  4. Microsoft
  5. MICROSTRATEGY CV 0.625% 3/30
  6. Amazon.com
  7. DHT Holdings
  8. Capital Power
  9. TransAlta Corporation
  10. BASS PRO TERM B 1LN 01/23/32
Total number of holdings 348
Top ten holdings aggregate 34.6%
  1. USTB 1.25% 05/15/50
  2. DHT Holdings
  3. USTB 1.875% 02/15/51
  4. Scorpio Tankers
  5. BASS PRO TERM B 1LN 01/23/32
  6. Capital Power
  7. ECHOSTAR CORP 10.75% 11/30/29
  8. X CORP TERM 1LN 10/29/29
  9. TransAlta Corporation
  10. MICROSTRATEGY CV 0.625% 3/30
Total number of holdings 448
Top ten holdings aggregate 23.9%
View all

Portfolio managers