Fidelity Advisor Leverage Company Stock Fund (FLENX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
42.77
+0.49 (1.16%)
Jul 3, 2025, 4:00 PM EDT
9.22%
Fund Assets 3.76B
Expense Ratio 0.74%
Min. Investment n/a
Turnover n/a
Dividend (ttm) 1.44
Dividend Yield 3.39%
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date Dec 20, 2024
Previous Close 42.28
YTD Return 12.02%
1-Year Return n/a
5-Year Return n/a
52-Week Low 30.00
52-Week High 42.77
Beta (5Y) n/a
Holdings 88
Inception Date n/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.

Symbol Share Class Expense Ratio
FLEOX Fidelity Advisor Leveraged Company Stock Fund: Class Z 0.62%
FLEJX Fidelity Advisor Leveraged Company Stock Fund: Class A 0.99%
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

34.75% of assets
Name Symbol Weight
Meta Platforms, Inc. META 5.40%
NVIDIA Corporation NVDA 4.90%
Vistra Corp. VST 4.48%
Arthur J. Gallagher & Co. AJG 3.78%
Apollo Global Management, Inc. APO 3.74%
Microsoft Corporation MSFT 2.77%
Netflix, Inc. NFLX 2.57%
Comfort Systems USA, Inc. FIX 2.43%
Amazon.com, Inc. AMZN 2.33%
Constellation Energy Corporation CEG 2.33%
View More Holdings

Dividend History

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