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Morningstar

Fidelity Advisor® High Income Advtg I FAHCX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 10.18  /  0.01 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.750%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.55%
  • Effective Duration —

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis FAHCX

Will FAHCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAHCX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FAHCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of FAHCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Aggressive, but not all offense.

Analyst

Summary

| by Sam Kulahan

Fidelity Advisor High Income Advantage’s experienced leadership is well-placed to manage its considerable risks by applying deft allocations to equities and skilled security selection, along with exercising well-warranted caution at times. Its cheapest share classes earn a Morningstar Analyst Rating of Bronze, while its pricier shares are rated Neutral.

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