Fidelity Advisor Floating Rate High Income’s long-term prospects for success relative to best-in-class dedicated bank-loan offerings underlie its appeal and warrant a Process upgrade to High from Above Average.
Fidelity Floating Rate High Income FFRHX
- NAV / 1-Day Return 9.26 / +0.03 %
- Total Assets 14.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.680%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 8.46%
- Effective Duration —
USD | NAV as of Jul 05, 2024 | 1-Day Return as of Jul 05, 2024, 10:18 PM GMT+0
Morningstar’s Analysis FFRHX
Will FFRHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Cash Central Fund | 8.28 | 1.2 Bil | Cash and Equivalents |
GREAT OUTDOORS TM B2 1LN 03/28 | 2.20 | 309.3 Mil | Corporate |
GOLDEN NUGGET TM B 1LN 01/29 | 1.12 | 156.8 Mil | Corporate |
SOLERA TERM B 1LN 6/2/28 | 1.01 | 141.8 Mil | Corporate |
UKG TERM B 1LN 02/10/31 | 0.93 | 130.7 Mil | Corporate |
INTERNET BRANDS TM B 1LN 05/28 | 0.83 | 116.9 Mil | Corporate |
NOVOLEX TERM 1LN 04/13/29 | 0.77 | 107.7 Mil | Corporate |
ELDORADO RES TM B 1LN 1/26/30 | 0.73 | 103.0 Mil | Corporate |
Fid Private Credit Cf Llc | 0.73 | 102.9 Mil | — |
MEDLINE TERM B 1LN 10/23/2028 | 0.72 | 101.4 Mil | Corporate |