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 Advisor Floating Rate Hi Inc C FFRCX
- NAV / 1-Day Return 9.30 / +0.02 %
- Total Assets 13.8 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.780%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 7.39%
- Effective Duration —
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0
Morningstar’s Analysis FFRCX
Will FFRCX 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 9.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Cash Central Fund | 9.62 | 1.3 Bil | Cash and Equivalents |
GREAT OUTDOORS TM B2 1LN 03/28 | 2.32 | 309.1 Mil | Corporate |
GOLDEN NUGGET TM B 1LN 01/29 | 1.09 | 145.1 Mil | Corporate |
SOLERA TERM B 1LN 6/2/28 | 0.93 | 123.2 Mil | Corporate |
MEDLINE TERM B 1LN 10/23/28 | 0.81 | 108.1 Mil | Corporate |
NOVOLEX TERM 1LN 04/13/29 | 0.80 | 106.7 Mil | Corporate |
ELDORADO RES TM B 1LN 1/26/30 | 0.77 | 103.0 Mil | Corporate |
INTERNET BRANDS TM B 1LN 05/28 | 0.77 | 102.6 Mil | Corporate |
Fidelity Direct Lending Fd (Unit) | 0.75 | 100.3 Mil | — |
PERATON TERM B 1LN 03/02/28 | 0.74 | 98.4 Mil | Corporate |