Fidelity Floating Rate High Income Fund (FFRHX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.05
-0.08 (-0.88%)
Apr 4, 2025, 8:08 AM EST
-2.90%
Fund Assets 16.63B
Expense Ratio 0.73%
Min. Investment $0.00
Turnover n/a
Dividend (ttm) 0.69
Dividend Yield 7.51%
Dividend Growth -5.19%
Payout Frequency Monthly
Ex-Dividend Date Mar 31, 2025
Previous Close 9.13
YTD Return -1.99%
1-Year Return 3.26%
5-Year Return 42.61%
52-Week Low 9.05
52-Week High 9.34
Beta (5Y) 0.15
Holdings 643
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
Share Class Fidelity Floating Rate High Income Fund
Index Morningstar LSTA US Leveraged Loan TR USD

Performance

FFRHX had a total return of 3.26% in the past year. Since the fund's inception, the average annual return has been 3.67%, 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 0.67%
FFRIX Class I 0.77%
FFRTX Class M 1.02%
FFRAX Class A 1.02%

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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Mar 31, 2025 $0.05742 Apr 1, 2025
Feb 28, 2025 $0.05117 Mar 3, 2025
Jan 31, 2025 $0.05589 Feb 3, 2025
Dec 31, 2024 $0.06074 Jan 2, 2025
Dec 13, 2024 $0.012 Dec 16, 2024
Nov 29, 2024 $0.05858 Dec 2, 2024
Full Dividend History