Fidelity Advisor Leveraged CoStock M (FLELX)
| Fund Assets | 4.03B |
| Expense Ratio | 1.24% |
| Min. Investment | $0.00 |
| Turnover | 12.00% |
| Dividend (ttm) | 2.04 |
| Dividend Yield | 4.35% |
| Dividend Growth | n/a |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Sep 12, 2025 |
| Previous Close | 45.33 |
| YTD Return | 18.29% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 29.95 |
| 52-Week High | 45.97 |
| Beta (5Y) | n/a |
| Holdings | 85 |
| Inception Date | n/a |
About FLELX
Fidelity Advisor Leveraged Company Stock Fund M is a domestic equity mutual fund designed to seek capital appreciation by investing primarily in the common stocks of leveraged companies. These are firms characterized by significant use of debt in their capital structures or that issue lower-quality debt. The fund commits at least 80% of its assets to stocks and can include both growth and value opportunities across large-, mid-, and small-cap companies, providing flexibility to adapt to varying market conditions. Its holdings are diversified across multiple sectors, but its core focus remains on companies with higher financial leverage, which can amplify both potential returns and risks. Notably, the portfolio may also incorporate lower-quality debt securities, sometimes referred to as high-yield or junk bonds, and can invest in both U.S. and foreign issuers. The fund typically holds around 90 securities, with the top holdings representing a significant portion of total assets. Its role in the financial market is to offer investors exposure to equity opportunities with a potential for enhanced returns driven by companies’ leveraged business models, albeit with higher volatility and risk relative to the broader equity market.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
39.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 5.84% |
| NVIDIA Corporation | NVDA | 5.83% |
| Vistra Corp. | VST | 5.67% |
| Apollo Global Management, Inc. | APO | 3.66% |
| Comfort Systems USA, Inc. | FIX | 3.41% |
| Arthur J. Gallagher & Co. | AJG | 3.10% |
| Microsoft Corporation | MSFT | 2.97% |
| Broadcom Inc. | AVGO | 2.97% |
| Constellation Energy Corporation | CEG | 2.83% |
| TopBuild Corp. | BLD | 2.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 12, 2025 | $0.891 | Sep 15, 2025 |
| Dec 20, 2024 | $1.146 | Dec 23, 2024 |
| Sep 13, 2024 | $0.251 | Sep 16, 2024 |