Fidelity Capital & Income Fund 

This fund allocates capital across a diverse range of stocks and bonds, including those that have defaulted on their obligations. A primary focus of its debt holdings is on lower-rated, higher-yielding securities. It targets investments in companies currently experiencing financial difficulties or operating in unpredictable economic situations. The portfolio has a global scope, encompassing both U.S. and international entities. The investment manager relies on fundamental research, meticulously assessing each issuer's financial stability, its competitive standing within its sector, and prevailing market and economic trends to guide its investment selections.