Fidelity Advisor Leverage Company Stock Fund (FLEJX)
| Fund Assets | 3.76B |
| Expense Ratio | 0.99% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.42 |
| Dividend Yield | 3.35% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 41.87 |
| YTD Return | 10.61% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 29.98 |
| 52-Week High | 42.71 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | n/a |
About FLEJX
Fidelity Advisor Leveraged Company Stock Fund - Class A is a mutual fund focused on capital appreciation by investing predominantly in the common stocks of companies exhibiting leveraged capital structures. The fund targets firms that issue lower-quality debt or otherwise maintain higher-than-average levels of financial leverage, offering exposure to both “growth” and “value” stocks across a variety of sectors. While the underlying companies may be highly leveraged, the fund itself does not employ leverage as an investment strategy. The portfolio is generally diversified across a range of domestic and select foreign issuers, with holdings concentrated in sectors sensitive to changes in corporate credit conditions and broader economic cycles. Managed with a disciplined approach, the fund maintains at least 80% allocation to equities and can invest in high-yield (junk) bonds to complement its equity holdings. With a large asset base and broad diversification, this fund plays a specialized role in the market, providing investors access to the performance dynamics of highly leveraged companies and aiming for long-term capital growth within the large blend equity category.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FLEOX | Fidelity Advisor Leveraged Company Stock Fund: Class Z | 0.62% |
| FLENX | Fidelity Advisor Leveraged Company Stock Fund: Class I | 0.74% |
| FLELX | Fidelity Advisor Leveraged Company Stock Fund: Class M | 1.24% |
| FLEMX | Fidelity Advisor Leveraged Company Stock Fund: Class C | 1.74% |
Top 10 Holdings
34.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 5.40% |
| NVIDIA Corporation | NVDA | 4.90% |
| Vistra Corp. | VST | 4.48% |
| Arthur J. Gallagher & Co. | AJG | 3.78% |
| Apollo Global Management, Inc. | APO | 3.74% |
| Microsoft Corporation | MSFT | 2.77% |
| Netflix, Inc. | NFLX | 2.57% |
| Comfort Systems USA, Inc. | FIX | 2.43% |
| Amazon.com, Inc. | AMZN | 2.33% |
| Constellation Energy Corporation | CEG | 2.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $1.165 | Dec 23, 2024 |
| Sep 13, 2024 | $0.251 | Sep 16, 2024 |