Like Duck stated, the fund don't split, but you get additional
shares of the fund. FHIGX is a muni type bond fund that holds
mostly A grade bonds. The performance of this fund has been
very good, but I would start to worry if interest rates go up.
This and all bond funds will sink.
Mutual Funds strive to ALWAYS have a net asset value of one dollar per share, so they never split (or, if you like, they "split & rearrange themselves every day after four o'clock"...
http://www.investopedia.com/terms/n/nav....
If you hold FHIGX in a personal or retirement portfolio and you look at your statement history, you will notice that the number of shares you own has steadily increased since last September, even if you have not actively purchased additional shares...
Mutual funds do not have stock splits.
Beginning on July 31, 1990, what have the stock splits been for Fidelity Fund FHIGX?
