Fidelity Advisor Floating Rate High Income Fund - Class A (FFRAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.05
-0.02 (-0.22%)
Apr 30, 2025, 12:47 PM EDT
-2.79% (1Y)
| Fund Assets | 12.48B |
| Expense Ratio | 1.02% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.72 |
| Dividend Yield | 7.71% |
| Dividend Growth | -5.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 9.07 |
| YTD Return | -1.61% |
| 1-Year Return | 2.99% |
| 5-Year Return | 35.70% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 643 |
| Inception Date | Aug 16, 2000 |
About FFRAX
The Fund's investment strategy focuses on Loan Participation with 0.98% total expense ratio. The minimum amount to invest in Fidelity Advisor Series I: Fidelity Advisor Floating Rate High Income Fund; Class A Shares is $0 on a standard taxable account. Fidelity Advisor Series I: Fidelity Advisor Floating Rate High Income Fund; Class A Shares seeks high current income. Invests mainly in income-producing floating rate loans and other floating-rate debt securities. Floating rate loans are often lower-quality debt securities and are generally subject to restrictions on resale.
Fund Family Fidelity
Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol FFRAX
Share Class Class A
Index Morningstar LSTA US Leveraged Loan TR USD
Performance
FFRAX had a total return of 2.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.78%.
Top 10 Holdings
19.59% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 10.73% |
| GREAT OUTDOORS GROUP LLC - GREAT OUTDOORS TERM B2 1LN 03/05/2028 | n/a | 1.92% |
| FERTITTA ENTERTAINMENT LLC NV - GOLDEN NUGGET TERM 1LN 01/27/2029 | NUGGET L 01.29.29 4 | 1.07% |
| ACRISURE LLC - ACRISURE TERM B6 1LN 11/06/2030 | ACRISU L 11.06.30 22 | 1.05% |
| POLARIS NEWCO LLC - SOLERA TERM B 1LN 06/02/2028 | SLH L 06.05.28 9 | 1.01% |
| MEDLINE BORROWER LP - MEDLINE TERM 1LN 10/21/2028 | MEDIND L 10.23.28 6 | 0.83% |
| UKG INC - UKG TERM B 1LN 02/10/2031 | ULTI L 02.10.31 9 | 0.80% |
| 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 | 0.74% |
| CLYDESDALE ACQUISITION HOLDINGS INC - NOVOLEX TERM 1LN 04/13/2029 | NOVHOL | 0.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.05525 | Apr 1, 2025 |
| Feb 28, 2025 | $0.049 | Mar 3, 2025 |
| Jan 31, 2025 | $0.05373 | Feb 3, 2025 |
| Dec 31, 2024 | $0.05858 | Jan 2, 2025 |
| Dec 13, 2024 | $0.012 | Dec 16, 2024 |
| Nov 29, 2024 | $0.0564 | Dec 2, 2024 |