Fidelity Advisor Leverage Company Stock Fund (FLEMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
39.20
+0.58 (1.50%)
Jun 3, 2025, 9:30 AM EDT
0.13%
Fund Assets 3.76B
Expense Ratio 1.74%
Min. Investment n/a
Turnover n/a
Dividend (ttm) 1.36
Dividend Yield 3.54%
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date Dec 20, 2024
Previous Close 38.62
YTD Return 0.47%
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.

Fund Family Fidelity
Category Large Blend
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol FLEMX
Share Class Class C

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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 20, 2024 $1.106 Dec 23, 2024
Sep 13, 2024 $0.251 Sep 16, 2024
Full Dividend History