The Fidelity Capital & Income Fund (FAGIX) invests primarily in bonds issued by non-investment grade companies. However, in the search for income and total return, fund management also has the flexibility to invest in stocks and other types of income-generating securities based on market outlook, becoming more defensive or opportunistic as conditions warrant.
Looking for Income and Capital Appreciation?
The flexible approach of the Fidelity® Capital & Income Fund might be a strategy to consider.
Finding value through a range of attractive securities
- Flexible yet disciplined investment approach, backed by Fidelity's in-depth research, allows the fund to take advantage of a wide range of opportunities.
- Exposure to stocks offers the potential for capital appreciation and diversification when compared to holding bonds exclusively.
- Potential for higher income and lower interest rate risk may be an advantage over conventional investment grade bond funds, although volatility may be higher.