As of 01-31-2018


  • Pursues a high level of current income.
  • Invests primarily in high-yield, lower-rated corporate bonds, with limited equity exposure.
  • Offers the potential for attractive relative total returns in economic recoveries through ratings upgrades or improved performance of issuers.
  • Provides portfolio diversification; historically, high-yield bond performance has not been correlated to other types of bonds.
  • Features a track record of more than 30 years; consistent management since inception.

Key Investment Team


Symbol   FHYCX
Fund Number(s)   120
Newspaper Listing   HiYldC
CUSIP   314197401
Benchmark   Bloomberg Barclays U.S. Corporate High Yield 2% Issuer Capped Index
Performance Inception Date   08-23-1984
Fiscal Year-End   2-29

Morningstar Category & Style

disclosures »
Category High Yield Bond

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