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Trending ETFs

Fidelity Advisor Floating Rate High Income Fund

mutual fund
FIQSX
Payout Change
Pending
Price as of:
$9.27 +0.0 +0.0%
primary theme
Bank Loan
share class
C (FFRCX) Z (FIQSX) A (FFRAX) M (FFRTX) I (FFRIX) Other (FFRHX)
FIQSX (Mutual Fund)

Fidelity Advisor Floating Rate High Income Fund

Payout Change
Pending
Price as of:
$9.27 +0.0 +0.0%
primary theme
Bank Loan
share class
C (FFRCX) Z (FIQSX) A (FFRAX) M (FFRTX) I (FFRIX) Other (FFRHX)
FIQSX (Mutual Fund)

Fidelity Advisor Floating Rate High Income Fund

Payout Change
Pending
Price as of:
$9.27 +0.0 +0.0%
primary theme
Bank Loan
share class
C (FFRCX) Z (FIQSX) A (FFRAX) M (FFRTX) I (FFRIX) Other (FFRHX)

Name

As of 11/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Advisor Floating Rate High Income Fund

FIQSX | Fund

$9.27

$13.5 B

8.29%

$0.77

0.69%

Vitals

YTD Return

7.8%

1 yr return

9.8%

3 Yr Avg Return

6.3%

5 Yr Avg Return

5.6%

Net Assets

$13.5 B

Holdings in Top 10

16.1%

52 WEEK LOW AND HIGH

$9.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.69%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 31.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Advisor Floating Rate High Income Fund

FIQSX | Fund

$9.27

$13.5 B

8.29%

$0.77

0.69%

FIQSX - Profile

Distributions

  • YTD Total Return 7.8%
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.53%
DIVIDENDS
  • Dividend Yield 8.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Advisor Floating Rate High Income Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Oct 02, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Z
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Eric Mollenhauer

Fund Description

Normally investing at least 80% of assets in floating rate loans, which are often lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), and other floating rate securities.Investing in companies in troubled or uncertain financial condition.Investing in money market and investment-grade debt securities, and repurchase agreements.Investing in domestic and foreign issuers.Using fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.
Read More

FIQSX - Performance

Return Ranking - Trailing

Period FIQSX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -3.5% 10.0% 31.09%
1 Yr 9.8% -3.4% 14.8% 39.33%
3 Yr 6.3%* -7.1% 8.3% 9.69%
5 Yr 5.6%* -6.4% 38.1% 8.82%
10 Yr N/A* -2.2% 19.6% 55.77%

* Annualized

Return Ranking - Calendar

Period FIQSX Return Category Return Low Category Return High Rank in Category (%)
2023 3.5% -12.0% 11.1% 37.45%
2022 -5.2% -22.9% 5.1% 7.31%
2021 2.2% -12.2% 11.1% 16.54%
2020 -2.2% -14.1% 289.8% 36.07%
2019 3.0% -8.1% 7.5% 43.04%

Total Return Ranking - Trailing

Period FIQSX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.8% -3.5% 10.0% 31.09%
1 Yr 9.8% -3.4% 14.8% 39.33%
3 Yr 6.3%* -7.1% 8.3% 9.69%
5 Yr 5.6%* -6.4% 38.1% 8.82%
10 Yr N/A* -2.2% 19.6% 52.15%

* Annualized

Total Return Ranking - Calendar

Period FIQSX Return Category Return Low Category Return High Rank in Category (%)
2023 12.4% -12.0% 22.1% 50.94%
2022 -0.6% -22.9% 5.1% 12.31%
2021 5.9% -10.2% 11.1% 21.65%
2020 2.2% -14.1% 306.9% 36.07%
2019 9.0% -3.6% 10.5% 15.19%

NAV & Total Return History

FIQSX - Holdings

Concentration Analysis

FIQSX Category Low Category High FIQSX % Rank
Net Assets 13.5 B 29.9 M 13.5 B 2.30%
Number of Holdings 641 2 1977 8.49%
Net Assets in Top 10 2.37 B -191 M 2.37 B 2.32%
Weighting of Top 10 16.08% 5.2% 100.7% 39.92%

Top 10 Holdings

  1. Fidelity Cash Central Fund 6.96%
  2. GREAT OUTDOORS TERM B2 1LN 03/05/2028 2.12%
  3. ACRISURE TERM B6 1LN 11/06/2030 1.16%
  4. GOLDEN NUGGET TERM B 1LN 01/27/2029 1.06%
  5. SOLERA TERM B 1LN 06/02/2028 0.97%
  6. UKG TERM B 1LN 02/10/2031 0.89%
  7. INTERNET BRANDS TERM B 1LN 05/03/2028 0.79%
  8. Fidelity Private Credit Company LLC 0.73%
  9. NOVOLEX TERM 1LN 04/13/2029 0.73%
  10. MEDLINE TERM B 1LN 10/23/2028 0.69%

Asset Allocation

Weighting Return Low Return High FIQSX % Rank
Bonds 		93.02% 0.00% 161.82% 69.50%
Cash 		6.96% -61.90% 16.36% 22.01%
Stocks 		2.18% 0.00% 100.74% 37.07%
Preferred Stocks 		0.53% -3.99% 7.30% 8.49%
Other 		0.00% -52.39% 34.87% 84.94%
Convertible Bonds 		0.00% 0.00% 5.51% 84.44%

Stock Sector Breakdown

Weighting Return Low Return High FIQSX % Rank
Energy 		90.68% 0.00% 100.00% 12.17%
Consumer Cyclical 		7.81% 0.00% 97.66% 21.74%
Industrials 		1.51% 0.00% 100.00% 34.78%
Utilities 		0.00% 0.00% 100.00% 88.70%
Technology 		0.00% 0.00% 100.00% 90.43%
Real Estate 		0.00% 0.00% 48.61% 85.22%
Healthcare 		0.00% 0.00% 100.00% 85.22%
Financial Services 		0.00% 0.00% 89.61% 85.22%
Communication Services 		0.00% 0.00% 100.00% 95.65%
Consumer Defense 		0.00% 0.00% 100.00% 87.83%
Basic Materials 		0.00% 0.00% 1.36% 86.09%

Stock Geographic Breakdown

Weighting Return Low Return High FIQSX % Rank
US 		2.18% -0.01% 100.74% 37.07%
Non US 		0.00% 0.00% 0.68% 86.49%

Bond Sector Breakdown

Weighting Return Low Return High FIQSX % Rank
Corporate 		90.04% 0.00% 99.80% 46.30%
Cash & Equivalents 		6.96% 0.00% 25.03% 19.31%
Derivative 		0.00% -10.96% 0.59% 81.85%
Securitized 		0.00% 0.00% 91.68% 85.99%
Municipal 		0.00% 0.00% 0.47% 80.93%
Government 		0.00% 0.00% 3.18% 80.54%

Bond Geographic Breakdown

Weighting Return Low Return High FIQSX % Rank
US 		93.02% 0.00% 123.41% 45.56%
Non US 		0.00% 0.00% 63.23% 89.96%

FIQSX - Expenses

Operational Fees

FIQSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.03% 5.51% 93.23%
Management Fee 0.59% 0.00% 1.89% 33.83%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.27% N/A

Sales Fees

FIQSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FIQSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FIQSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 4.00% 180.00% 15.16%

FIQSX - Distributions

Dividend Yield Analysis

FIQSX Category Low Category High FIQSX % Rank
Dividend Yield 8.29% 0.00% 11.13% 46.44%

Dividend Distribution Analysis

FIQSX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

FIQSX Category Low Category High FIQSX % Rank
Net Income Ratio 3.53% 1.77% 9.82% 53.33%

Capital Gain Distribution Analysis

FIQSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

FIQSX - Fund Manager Analysis

Managers

Eric Mollenhauer

Start Date

Tenure

Tenure Rank

Apr 01, 2013

9.17

9.2%

Eric Mollenhauer is a portfolio manager at Fidelity Management & Research Company (FMRCo), the investment advisor for Fidelity’s family of mutual funds. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries.

Kevin Nielsen

Start Date

Tenure

Tenure Rank

Nov 30, 2018

3.5

3.5%

Kevin Nielsen joined Fidelity Investments in 2006. Mr. Nielsen has worked as a research analyst and portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 21.18 6.07 3.25

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