Stock fact sheet · data as of
Fidelity Short Duration High Income Fund (FSAHX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management - Income · United States · High Yield Income
Is FSAHX undervalued?
At 8.73 (close of 16 Oct 2026), FSAHX trades within a few percent of the GLS average fair value of 9.61 (9.1% below fair value). 2 models produced a value and they split 2 above the price to 0 below. A stock priced at fair value earns about half of the Wheel Score's Value points; the rest of the score comes from health, moat, premium and stability.
Only 2 of the nine models produced a value (10 Cap, DDM); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files FSAHX under High Yield Income: a dividend yield above 4%.
Nine valuation models for FSAHX
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 9.61 | +10% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 9.60 | +10% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -0.9713 | -111% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - FSAHX passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 4.0 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are moderate - ROIC 8.0%, ROE 9.4%, ROA 6.9% - with debt at 0.18 times equity and a free-cash-flow yield of 5.5%.
The dividend yield is high at 7.47% (payout ratio 99%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 8.0% |
|---|---|---|---|
| GLS Moat | 4.0 / 10 | ROE | 9.4% |
| Debt / equity | 0.18 | ROA | 6.9% |
| Free-cash-flow yield | 5.5% | Payout ratio | 99% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
FSAHX has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at - a day on a market cap of $364M, with a beta of 0.38 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 16 / 25 | 9% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 6 / 15 | moat 4.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 0k shares/day, $364M cap, beta 0.38 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for FSAHX in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management - Income
The 12 companies below are the closest to Fidelity Short Duration High Income Fund by market cap within the Asset Management - Income industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| HPI John Hancock Preferred Income Fund | 13.45 | 24.61 | +45% | 39No options | $360M |
| HPS John Hancock Preferred Income Fund III | 11.69 | 20.01 | +42% | 39No options | $375M |
| EAD Wells Fargo Advantage Funds - Allspring Income Opportunities Fund | 5.96 | 20.48 | +71% | 39No options | $352M |
| AEF abrdn Emerging Markets ex-China Fund, Inc. | 8.66 | 99.29 | +91% | 39No options | $352M |
| EVN Eaton Vance Municipal Income Trust | 9.51 | 16.51 | +42% | 39No options | $380M |
| LEO BNY Mellon Strategic Municipals, Inc. | 5.60 | 4.48 | -25% | 27No options | $349M |
| PSCIX American Beacon SSI Alternative Income Fund Y Class | 9.98 | 17.23 | +42% | 39No options | $383M |
| HFRO Highland Opportunities and Income Fund | 6.24 | 18.70 | +67% | 39No options | $345M |
| VKI Invesco Advantage Municipal Income Trust II | 7.71 | 7.29 | -6% | 37No options | $342M |
| DFP Flaherty & Crumrine Dynamic Preferred and Income Fund Inc. | 18.87 | 43.11 | +56% | 39No options | $388M |
| SCD LMP Capital and Income Fund Inc. | 14.84 | 40.99 | +64% | 39No options | $341M |
| NCV Virtus Convertible & Income Fund | 15.02 | 127.39 | +88% | 39No options | $339M |
⚖ Compare FSAHX with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about FSAHX
Is FSAHX undervalued right now?
Not meaningfully: at 8.73 the stock trades within a few percent of the GLS average fair value of 9.61 (9.1% below fair value, data as of 16 Oct 2026).
What is the Wheel Score of FSAHX and what does it mean?
FSAHX has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for FSAHX?
9.61 per share as of 16 Oct 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Fidelity Short Duration High Income Fund report earnings next?
No upcoming earnings date is recorded for FSAHX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does FSAHX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on FSAHX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.