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Morningstar

Fidelity Advisor High Income Advtg Z FIQTX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.61  /  +0.48 %
  • Total Assets 2.2 Bil
  • Adj. Expense Ratio
    0.660%
  • Expense Ratio 0.850%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 5.12%
  • Effective Duration —

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0

Morningstar’s Analysis FIQTX

Will FIQTX 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 FIQTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FIQTX 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 FIQTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

High yield with a boost from equities.

Senior Analyst Sam Kulahan

Sam Kulahan

Senior Analyst

Summary

Fidelity Advisor High Income Advantage has compensated for its elevated risk appetite by applying deft allocations to equities and strong security selection, along with exercising well-warranted caution at times.

by Sam Kulahan
Rated on Published on

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Portfolio Holdings FIQTX

More FIQTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

7.18 147.8 Mil
Cash and Equivalents

Fidelity Direct Lending Fd (Unit)

2.38 49.0 Mil
—

JPMorgan Chase & Co. 5%

1.19 24.6 Mil
Corporate

Ally Financial Inc. 8%

0.87 18.0 Mil
Corporate

Energy Transfer LP 7.125%

0.81 16.6 Mil
Corporate

Energy Transfer LP 9.66933%

0.73 15.1 Mil
Corporate

Goldman Sachs Group, Inc. 5.3%

0.72 14.9 Mil
Corporate

TransDigm, Inc. 5.5%

0.70 14.3 Mil
Corporate

Tibco Software Inc 6.5%

0.68 14.0 Mil
Corporate

TransDigm, Inc. 4.875%

0.68 14.0 Mil
Corporate