Fidelity Advisor Leverage Company Stock Fund (FLEMX)
| Fund Assets | 3.76B |
| Expense Ratio | 1.74% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.36 |
| Dividend Yield | 3.60% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 37.84 |
| YTD Return | -1.20% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 29.91 |
| 52-Week High | 42.40 |
| Beta (5Y) | n/a |
| Holdings | 92 |
| Inception Date | n/a |
About FLEMX
Fidelity Advisor Leveraged Company Stock Fund is a mutual fund designed to seek capital appreciation by investing predominantly in equities of companies with leveraged capital structures. The fund typically allocates at least 80% of its assets to common stocks, focusing on firms that issue lower-quality debt or maintain higher levels of financial leverage. It may invest in both growth and value stocks, and its portfolio can include domestic as well as foreign securities. The fund is managed as part of the large blend category, targeting a mix of different sectors and industries while keeping a significant exposure to companies rated BBB or below, which are considered borderline investment-grade or lower. This investment approach aims to capture potential upside from companies with higher risk and return profiles due to their use of leverage. The fund’s strategy and holdings make it a specialized tool for investors looking to gain exposure to the unique opportunities and risks presented by leveraged companies in the broader equity markets.
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% |
| FLEJX | Fidelity Advisor Leveraged Company Stock Fund: Class A | 0.99% |
| FLELX | Fidelity Advisor Leveraged Company Stock Fund: Class M | 1.24% |
Top 10 Holdings
34.01% of assets| Name | 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 | $1.106 | Dec 23, 2024 |
| Sep 13, 2024 | $0.251 | Sep 16, 2024 |