Fidelity Capital and Income Fund (FAGIX) is a mutual fund that primarily invests in a mix of stocks and fixed-income securities, with a focus on generating both capital appreciation and income for investors. The fund is managed by Fidelity Investments and aims to provide a balanced approach to investing, with a combination of growth and stability. It may also invest in high-yield bonds, preferred stocks, and convertible securities to achieve its objectives. FAGIX is suitable for investors seeking a diversified portfolio with potential for both growth and income.