Fidelity Floating Rate High Income Fund (FFRHX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.28
-0.01 (-0.11%)
Oct 31, 2024, 6:26 PM EDT
1.20%
Fund Assets 14.40B
Expense Ratio 0.73%
Min. Investment $0.00
Turnover 35.00%
Dividend (ttm) 0.79
Dividend Yield 8.45%
Dividend Growth 6.90%
Payout Frequency Monthly
Ex-Dividend Date Sep 30, 2024
Previous Close 9.29
YTD Return 5.57%
1-Year Return 9.55%
5-Year Return 30.48%
52-Week Low 9.18
52-Week High 9.34
Beta (5Y) 0.20
Holdings 641
Inception Date Aug 16, 2000

About FFRHX

The fund invests atleast 80% of assets in floating rate loans, which are often lower-quality debt securities and other floating rate securities. It invests in companies in troubled or uncertain financial condition. The fund invests in money market and investment-grade debt securities and repurchase agreements. It invests in domestic and foreign issuers. The adviser uses fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.

Fund Family Fidelity
Category Bank Loan
Performance Rating High
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FFRHX
Index Morningstar LSTA US Leveraged Loan TR USD

Performance

FFRHX had a total return of 9.55% in the past year. Since the fund's inception, the average annual return has been 3.86%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
FIQSX Class Z 0.68%
FFRTX Class M 1.01%
FFRAX Class A 1.03%
FFRIX Class I 0.76%

Top 10 Holdings

16.08% of assets
Name Symbol Weight
Fidelity Revere Street Trust - Fidelity Cash Central Fund n/a 6.96%
GREAT OUTDOORS GROUP LLC - GREAT OUTDOORS TERM B2 1LN 03/05/2028 BASSPR L 03.06.28 6 2.12%
ACRISURE LLC - ACRISURE TERM B6 1LN 11/06/2030 ACRISU L 11.06.30 22 1.16%
FERTITTA ENTERTAINMENT LLC NV - GOLDEN NUGGET TERM B 1LN 01/27/2029 NUGGET L 01.29.29 11 1.06%
POLARIS NEWCO LLC - SOLERA TERM B 1LN 06/02/2028 SLH L 06.05.28 9 0.97%
UKG INC - UKG TERM B 1LN 02/10/2031 ULTI L 02.10.31 9 0.89%
MH SUB I LLC - INTERNET BRANDS TERM B 1LN 05/03/2028 INET L 05.03.28 18 0.79%
Fidelity Private Credit Central Fund LLC - Fidelity Private Credit Company LLC n/a 0.73%
CLYDESDALE ACQUISITION HOLDINGS INC - NOVOLEX TERM 1LN 04/13/2029 NOVHOL L 04.13.29 1 0.73%
MEDLINE BORROWER LP - MEDLINE TERM B 1LN 10/23/2028 MEDIND L 10.23.28 4 0.69%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Sep 30, 2024 $0.06362 Oct 1, 2024
Aug 30, 2024 $0.06612 Sep 3, 2024
Jul 31, 2024 $0.06563 Aug 1, 2024
Jun 30, 2024 $0.06206 Jul 1, 2024
May 31, 2024 $0.0635 Jun 3, 2024
Apr 30, 2024 $0.06427 May 1, 2024
Full Dividend History