Mark Notkin and Brian Chang have led Fidelity Advisor High Income Advantage for a year, but came with all the ingredients to perpetuate the success of the strategy. This fund's cheapest share classes carry Morningstar Analyst Ratings of Silver and Bronze, while its more expensive classes are rated Neutral.
Will FAHYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAHYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FAHYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FAHYX’s parent organization’s priorities and whether they’re in line with investors’ interests.