Fidelity Advisor® Leveraged CoStock I (FLENX)

Fund Assets	4.04B
Expense Ratio	0.73%
Min. Investment	$0.00
Turnover	12.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	50.75
YTD Return	16.42%
1-Year Return	20.95%
5-Year Return	n/a
52-Week Low	40.77
52-Week High	55.67
Beta (5Y)	n/a
Holdings	74
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
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: FLENX
• Share Class: Class I

Performance

FLENX had a total return of 20.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 22.40%.

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	0.61%
FLCKX	Class K	0.61%
FLEJX	Fidelity Advisor Leveraged Company Stock Fund: Class A	0.98%
FLELX	Fidelity Advisor Leveraged Company Stock Fund: Class M	1.23%

Top 10 Holdings

49.15% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	6.70%
Alphabet Inc.	GOOGL	6.58%
Comfort Systems USA, Inc.	FIX	5.48%
Taiwan Semiconductor Manufacturing Company Limited	TSM	5.03%
Vertiv Holdings Co	VRT	4.95%
Meta Platforms, Inc.	META	4.38%
Vistra Corp.	VST	4.30%
Apollo Global Management, Inc.	APO	4.05%
Micron Technology, Inc.	MU	3.94%
TopBuild Corp.	BLD	3.75%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$1.185	Dec 22, 2025
Sep 12, 2025	$0.891	Sep 15, 2025
Dec 20, 2024	$1.184	Dec 23, 2024
Sep 13, 2024	$0.251	Sep 16, 2024

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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