Fund Assets | 3.76B |
Expense Ratio | 0.99% |
Min. Investment | n/a |
Turnover | n/a |
Dividend (ttm) | 1.42 |
Dividend Yield | 3.64% |
Dividend Growth | n/a |
Payout Frequency | n/a |
Ex-Dividend Date | Dec 20, 2024 |
Previous Close | 37.96 |
YTD Return | -0.92% |
1-Year Return | n/a |
5-Year Return | n/a |
52-Week Low | 29.98 |
52-Week High | 42.44 |
Beta (5Y) | n/a |
Holdings | 92 |
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
34.01% of assetsName | Symbol | Weight |
---|---|---|
Meta Platforms, Inc. | META | 5.60% |
Vistra Corp. | VST | 4.79% |
NVIDIA Corporation | NVDA | 4.46% |
Apollo Global Management, Inc. | APO | 3.87% |
Arthur J. Gallagher & Co. | AJG | 3.31% |
Constellation Energy Corporation | CEG | 2.58% |
Amazon.com, Inc. | AMZN | 2.48% |
Microsoft Corporation | MSFT | 2.40% |
Alphabet Inc. | GOOGL | 2.31% |
Comfort Systems USA, Inc. | FIX | 2.20% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 20, 2024 | $1.165 | Dec 23, 2024 |
Sep 13, 2024 | $0.251 | Sep 16, 2024 |