NASDAQ · Asset Management - Income

Fidelity Short Duration High Income Fund (FSAHX) Stock

$8.96 -0.11% NASDAQ: FSAHX Financial Services

This fund primarily allocates its assets to income-generating fixed-income instruments, preferred shares, and convertible securities, with a particular focus on higher-yielding, below investment-grade debt. The portfolio typically targets securities rated BB or B by Standard & Poor's (S&P) or Ba or B by Moody's Investors Service (Moody's), or those with comparable ratings from other recognized credit agencies.

Valuation

MetricValue
Price$8.96
Market Cap$347.91M
P/E Ratio9.05
P/B Ratio2.47
P/S Ratio24.53
EPS (TTM)$0.99
52-Week High$9.13
52-Week Low$8.82
Dividend Yield5.92%

Financials & Margins

MetricValue
ROE9.41%
ROA6.92%
ROCE8.58%
Gross Margin100.00%
Operating Margin85.32%
Net Margin93.57%
Debt/Equity0.18
Current Ratio0.20

Annual Financials (USD)

Metric20192020202120222023
Revenue$20.0M$14.0M$16.0M$11.0M$14.0M
Operating Profit$16.0M$10.0M$13.0M$9.0M$12.0M
Net Profit$11.0M$-7.0M$20.0M$-22.0M$13.0M
EPS$0.61$-0.38$1.48$-1.63$0.99
Op Margin81.3%73.9%80.1%78.8%85.3%

Balance Sheet (USD)

Metric20192020202120222023
Total Assets$354.0M$295.0M$244.0M$197.0M$192.0M
Total Liabilities$95.0M$59.0M$65.0M$56.0M$51.0M
Cash$3.0M$1.0M$4.0M$2.0M$3.0M
Borrowings$85.0M$55.0M$43.0M$32.0M$26.0M

Cash Flow (USD)

Metric20192020202120222023
Operating Cash Flow$9.0M$43.0M$92.0M$25.0M$20.0M
Investing Cash Flow$0$0$0$0$0
Financing Cash Flow$9.0M$-30.0M$-132.0M$-11.0M$-7.0M
Net Cash Flow$8.0M$-3.0M$2.0M$-2.0M$0
Free Cash Flow$9.0M$43.0M$92.0M$25.0M$20.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.00
EV / EBITDA316.67
FCF Yield5.76%
Quick Ratio0.20
Interest Coverage0.00
Return 1Y6.60%
Return 3Y26.09%
Return 5Y

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
DBLDoubleLine Opportunistic Credit Fund $14.05 +0.14% 13.38 $277.80M 0.00%
EDIIXEaton Vance Global Income Builder Fund $12.74 +0.08% $320.33M 5.50%
FMCLXFederated Hermes Mid-Cap Index Fund;R6 $17.57 -0.40% $300.34M 0.80%
JGHNuveen Global High Income Fund $12.53 -0.32% 9.56 $290.41M 9.90%
JOFJapan Smaller Capitalization Fund, Inc. $12.27 +2.51% 2.42 $347.29M 0.00%

About Fidelity Short Duration High Income Fund

This fund primarily allocates its assets to income-generating fixed-income instruments, preferred shares, and convertible securities, with a particular focus on higher-yielding, below investment-grade debt. The portfolio typically targets securities rated BB or B by Standard & Poor's (S&P) or Ba or B by Moody's Investors Service (Moody's), or those with comparable ratings from other recognized credit agencies. For unrated holdings, Fidelity Management & Research Company (FMR) assesses them to be of equivalent credit quality. To manage interest rate risk, the fund maintains a relatively short duration, generally three years or less.

Fidelity Short Duration High Income Fund is headquartered in US.

Fidelity Short Duration High Income Fund (FSAHX) stock trades at $8.96 with a market capitalization of $347.91M. The stock is valued at a price-to-earnings (P/E) ratio of 9.05, price-to-book of 2.47, price-to-sales of 24.53. Over the past 52 weeks the stock has ranged between $8.82 and $9.13, and currently trades 1.9% below its 52-week high. It pays a dividend yielding 5.92%.

On profitability, Fidelity Short Duration High Income Fund generates a return on equity (ROE) of 9.41%, return on capital employed of 8.58%, an operating margin of 85.32%, a net profit margin of 93.57%.

Official website: fundresearch.fidelity.com/mutual-funds/summary/31641Q847

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