Fidelity Global High Income Fd (FGHNX) Research
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.
Market snapshot
- Symbol
- FGHNX
- Price
- $8.81
- Day change
- +0.11%
- Market cap
- $70.8M
- 52-week range
- 8.53-8.88
- Sector
- Financial Services
- Industry
- Asset Management - Income
Peer companies
- Delaware Enhanced Global Dividend and Income Fund (DEX)
- Dana Large Cap Equity Fund (DLCEX)
- Invesco High Income 2024 Target Term Fund (IHTA)
- FundX Flexible Income Fund (INCMX)
- Nuveen Corporate Income 2023 Target Term Fund (JHAA)
- Nuveen Preferred and Income Fund (JPT)
- BNY Mellon Focused Equity Opportunities Fund (MFOMX)
- Victory Integrity Discovery Fund (MMEYX)
Open Fidelity Global High Income Fd (FGHNX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.