Fidelity Funds - European High Yield Fund Y-Acc-EUR

Category EUR High Yield Bond
star-filledstar-filledstar-filledstar-filled
Last buy/sell price

€28.02

arrow-up€0.00 (+0.00%)

Fund Code

BNTD4G4

LU0346390270

Prices updated as at 12 Dec 2025
|
Prices in EUR
Investment objective
The fund aims to achieve capital growth over time and provide a high level of income. The fund invests at least 70% of its assets, in high-yielding below investment grade debt securities of issuers that are headquartered, or do most of their business, in Western, Central and Eastern Europe (including Russia), including emerging markets.
Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/10/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

  • Interest rate risk

    Bond %
    Avg credit qualityB
    Avg wtd coupon6.81
    Modified duration5.82

  • Credit quality breakdown

    Rating% of Bond
    AAA-
    AA-
    A-
    BBB4
    BB51.09
    B33.78
    Below B7.93
    Not Rated3.2

Valuation

Fidelity Funds - European High Yield Fund Y-Acc-EUR
EUR High Yield Bond

-

-
24.95

0.26

0.26
4.90

0.31

0.31
5.74

1.15

1.15
18.42

Growth rate

Fidelity Funds - European High Yield Fund Y-Acc-EUR
EUR High Yield Bond

-

-
8.84%

0.00%

0.00%
1.33%

-0.02%

-0.02%
13.88%

Top 10 holdings

1
Fidelity ILF - EUR A Acc
Sector
-
Country
Ireland
% of assets
3.53576
2
2 Year Treasury Note Future Dec 25
Sector
-
Country
United States
% of assets
3.23313
3
Euro Bobl Future Dec 25
Sector
-
Country
Germany
% of assets
2.43583
4
Fidelity Global Income Y-MInc(G)-USD
Sector
-
Country
Luxembourg
% of assets
2.00606
5
Energo-Pro AS 8%
Sector
-
Country
Czech Republic
% of assets
1.29861
6
Vivion Investments S.a.r.l 8.25%
Sector
-
Country
Germany
% of assets
1.25861
7
Ardonagh Finco Ltd. 6.875%
Sector
-
Country
United Kingdom
% of assets
1.06967
8
Bellis Acquisition Co PLC 8.125%
Sector
-
Country
United Kingdom
% of assets
1.06462
9
5 Year Treasury Note Future Dec 25
Sector
-
Country
United States
% of assets
1.02526
10
ZF Europe Finance B.V. 7%
Sector
-
Country
Germany
% of assets
0.9394
Assets in top 10 holdings %

17.87%

Total no. of equity holdings

6.00

Total no. of bond holdings

309.00

Stock sectors

Fidelity Funds - European High Yield Fund Y-Acc-EUR
EUR High Yield Bond

0.00%

Basic materials

-
-

Con cyclical

-
-

Financial svs

-
-

Real estate

-
-

0.00%

Comm services

-
-

Energy

-
-

Industrials

-
-

Technology

-
-

0.00%

Con defensive

-
-

Healthcare

-
-

Utilities

-
-


Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
© Copyright 2025 Morningstar. All rights reserved.