As of 09-30-2016


  • 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   FHYAX
Fund Number(s)   113
Newspaper Listing   HiYldA
CUSIP   314197302
Benchmark   Barclays U.S. Corporate High Yield 2% Issuer Capped Index
Performance Inception Date   08-23-1984
Fiscal Year-End   2-29

Morningstar Ratings™

disclosures »
    Funds in Category
Overall 659
3 Year 659
5 Year 524
10 Year 368
Based on risk adjusted total return. The overall rating is derived from a weighted average of the fund’s three-, five-, and ten-year average annual returns, as applicable.