Among the High-Yield Category's Most Aggressive
Silver-rated Fidelity Capital & Income is bold, holding lower-rated bonds and loans and shifting assets to equities.
The following is our latest Fund Analyst Report for Fidelity Capital & Income (FAGIX). Morningstar Premium Members have access to full analyst reports such as this for more than 1,000 of the largest and best mutual funds. Not a Premium Member? Gain full access to our analyst reports and advanced tools immediately when you try Morningstar Premium free for 14 days.
Manager Mark Notkin has demonstrated skill in security selection and managing Fidelity Capital & Income's (FAGIX) admittedly significant risks through a credit cycle, posting excellent returns. That record, low fees, and notable research resources support this fund's Morningstar Analyst Rating of Silver.
Eric Jacobson does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.