Fidelity Focused High Income Fund (FHIFX)

This investment vehicle primarily allocates its capital to fixed-income instruments, preferred shares, and convertible bonds that generate income, with a notable emphasis on lower-quality debt. Its portfolio may encompass securities across the full spectrum of creditworthiness. Furthermore, the fund has the flexibility to acquire non-income-producing assets, including common stocks and even defaulted bonds. It strategically invests in companies experiencing financial distress or uncertainty, drawing from both domestic and international issuers.