(As of 5/31/2026)

Fidelity Tactical High Income Fund Series B

(Tactical Balanced)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2023
2022
2021
2020



Inception Return
(5/28/2014)
8.80 %
YTD Return 8.54 %
NAVPS
(7/8/2026)
$17.30
Change ($0.06) / -0.34 %
Growth of $10,000 (As of May 31, 2026)
MER 2.09 %
Assets ($mil) $9,767.00
Rank (1Yr) 87/324
Std Dev (3Yr) 9.06 %
Volatility Ranking (3Yr) 5/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The Fund invests primarily in a mix of income-producing securities which may be located anywhere in the world. Income-producing securities may include, but are not limited to, equity securities, common and preferred shares, convertible securities, investment grade fixed income securities, higher yielding, lower quality fixed income securities, floating rate debt instruments and asset-backed securities and mortgage-backed securities.
Fund Manager

Fidelity Investments Canada ULC

Portfolio Manager

Ford O'Neil, Fidelity Investments Canada ULC

Adam Kramer, Fidelity Investments Canada ULC

Ramona Persaud, Fidelity Investments Canada ULC

Sub-Advisor

Fidelity Management & Research Company LLC

 
Asset Allocation
(As of March 31, 2026)
Sector Allocation
(As of March 31, 2026)
Geographic Allocation
(As of March 31, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
UST BILLS 0.00% 03-Sep-2026Cash and EquivalentsCash and Cash EquivalentUnited States0.00%
Microstrategy Inc - PfdUS EquityTechnologyUnited States0.00%
DHT Holdings IncInternational EquityEnergyLatin America0.00%
International Seaways IncUS EquityEnergyUnited States0.00%
USTB 4.75% 15-Feb-2056Foreign BondsFixed IncomeUnited States0.00%
Alphabet Inc Cl AUS EquityTechnologyUnited States0.00%
STRATEGY INC STEP PERP PFD 11.50% 31-Dec-2199US EquityOtherUnited States0.00%
Boeing Co - PfdUS EquityIndustrial GoodsUnited States0.00%
United States Treasury 4.75% 15-May-2055Foreign BondsFixed IncomeUnited States0.00%
EchoStar Corp 3.88% 30-Nov-2030Foreign BondsFixed IncomeUnited States0.00%

Performance Data (As of May 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 2.37 2.27 5.60 8.54 21.10 12.29 8.01 8.15
Benchmark 4.15 4.24 6.13 7.49 17.74 14.02 8.11 7.84
Quartile Ranking 2 2 3 2 2 2 2 1

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 7.36 17.32 7.94 -7.91 14.39 12.09 15.29 3.63 -2.30 6.12
Benchmark 10.42 17.48 11.69 -11.62 6.48 11.12 12.26 2.68 8.66 2.39
Quartile Ranking 3 1 3 2 2 1 1 1 4 3

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