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 A FFRAX
- NAV / 1-Day Return 9.27 / 0.00
- Total Assets 14.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.030%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 0
- Status Open
- TTM Yield 8.20%
- Effective Duration —
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis FFRAX
Will FFRAX 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 9.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Cash Central Fund | 6.96 | 1.0 Bil | Cash and Equivalents |
GREAT OUTDOORS TM B2 1LN 03/28 | 2.12 | 312.0 Mil | Corporate |
Acrisure Term B6 1ln 11/06/30 | 1.16 | 170.7 Mil | Corporate |
GOLDEN NUGGET TM B 1LN 01/29 | 1.06 | 156.4 Mil | Corporate |
SOLERA TERM B 1LN 6/2/28 | 0.97 | 142.5 Mil | Corporate |
UKG TERM B 1LN 02/10/31 | 0.89 | 130.5 Mil | Corporate |
NOVOLEX TERM 1LN 04/13/29 | 0.85 | 125.2 Mil | Corporate |
INTERNET BRANDS TM B 1LN 05/28 | 0.79 | 116.8 Mil | Corporate |
Fidelity Private Cr Co (Unit) | 0.73 | 107.7 Mil | — |
MEDLINE TERM B 1LN 10/23/2028 | 0.69 | 101.2 Mil | Corporate |