Fidelity Advisor Leverage Company Stock Fund (FLENX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
43.21
-0.17 (-0.39%)
Jul 21, 2025, 9:30 AM EDT
Fund Assets3.76B
Expense Ratio0.74%
Min. Investmentn/a
Turnovern/a
Dividend (ttm)1.44
Dividend Yield3.31%
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend DateDec 20, 2024
Previous Close43.38
YTD Return13.17%
1-Year Returnn/a
5-Year Returnn/a
52-Week Low30.00
52-Week High43.75
Beta (5Y)n/a
Holdings88
Inception Daten/a

About FLENX

Fidelity Advisor Leveraged Company Stock Fund - I Class is a mutual fund that targets capital appreciation by primarily investing in the common stocks of companies with leveraged capital structures, typically those issuing lower-quality debt or classified as high-yield (junk bond) issuers. This domestic equity strategy leverages in-depth fundamental analysis, moving opportunistically across various market capitalizations and credit quality spectrums. The fund’s management team focuses on identifying companies with attractive valuations, strong competitive positions, and the potential for prudent use of free cash flow to grow shareholder value and reduce financial leverage over time. The portfolio often features sector allocations that differ from standard benchmarks, concentrating on both growth and value opportunities among leveraged firms. With a relatively high risk profile, the fund appeals to investors seeking exposure to companies with the potential for higher returns due to financial leverage, while also accepting the increased volatility that comes with such strategies. The fund’s assets are diversified across multiple holdings, and it maintains a disciplined approach to risk-adjusted performance, drawing on the broader research resources of Fidelity’s high-income and global teams.

Fund Family Fidelity
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol FLENX
Share Class Class I

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FLEOXFidelity Advisor Leveraged Company Stock Fund: Class Z0.62%
FLEJXFidelity Advisor Leveraged Company Stock Fund: Class A0.99%
FLELXFidelity Advisor Leveraged Company Stock Fund: Class M1.24%
FLEMXFidelity Advisor Leveraged Company Stock Fund: Class C1.74%

Top 10 Holdings

34.75% of assets
NameSymbolWeight
Meta Platforms, Inc.META5.40%
NVIDIA CorporationNVDA4.90%
Vistra Corp.VST4.48%
Arthur J. Gallagher & Co.AJG3.78%
Apollo Global Management, Inc.APO3.74%
Microsoft CorporationMSFT2.77%
Netflix, Inc.NFLX2.57%
Comfort Systems USA, Inc.FIX2.43%
Amazon.com, Inc.AMZN2.33%
Constellation Energy CorporationCEG2.33%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 20, 2024$1.184Dec 23, 2024
Sep 13, 2024$0.251Sep 16, 2024
Full Dividend History