Fidelity Summer Street Trust - Fidelity Global High Income Fund (FGHNX) Stock
The Fidelity Global High Income Fund primarily seeks to generate returns by investing in a diverse array of income-generating instruments, including various debt securities, preferred shares, and convertible bonds. A significant portion of its portfolio is dedicated to lower-rated, higher-yielding debt issued by entities in both the United States and international markets, encompassing developing nations.
Valuation
Financials & Margins
Latest News
Valuation & Return Ratios
Peer Comparison
About Fidelity Summer Street Trust - Fidelity Global High Income Fund
The Fidelity Global High Income Fund primarily seeks to generate returns by investing in a diverse array of income-generating instruments, including various debt securities, preferred shares, and convertible bonds. A significant portion of its portfolio is dedicated to lower-rated, higher-yielding debt issued by entities in both the United States and international markets, encompassing developing nations. Beyond these core holdings, the fund also maintains the flexibility to opportunistically invest in non-income producing assets, such as defaulted securities or ordinary common stocks. The portfolio's underlying strategy is guided by a target allocation, typically aiming for roughly 60% in U.S. high-yield investments, 20% in emerging markets debt, 15% in European high-yield, and 5% in Asian high-yield investments.
Fidelity Summer Street Trust - Fidelity Global High Income Fund is headquartered in US.
Fidelity Summer Street Trust - Fidelity Global High Income Fund (FGHNX) stock trades at $8.81 with a market capitalization of $70.80M. Over the past 52 weeks the stock has ranged between $8.53 and $8.88, and currently trades at its 52-week high.