Fidelity Advisor Floating Rate High Income Fund - Class M
FFRTX
NASDAQ
Rating
Reward
Risk
Fund Information
Fund Type
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
Top Holdings
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Performance
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Forward Dividend Yield
Price
1-Month Low
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52-Week Low
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52-Week High
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NAV
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1-Month High
52-Week Low
52-Week High
Company Information
Provider
Fidelity Investments
Manager/Tenure
(Years)
(Years)
Eric Mollenhauer (11), Kevin Nielsen (6), Chandler Perine (2)
Address
Fidelity Investments
Boston MA - 2109
Boston MA - 2109
Country
United States
Phone Number
617-563-7000
Investment Strategy
The investment seeks a high level of current income. The fund invests atleast 80% of assets in floating rate loans, which are often lower-quality debt securities and other floating rate securities. It invests in companies in troubled or uncertain financial condition. The fund invests in money market and investment-grade debt securities and repurchase agreements. It invests in domestic and foreign issuers. The adviser uses fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.
