Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Fidelity Advisor® Floating Rate High Income Fund
mutual fund
FFRIX
Dividend policy
Active
Price as of:
$9.39
-0.01
0%
primary theme
Bank Loan
FFRIX (Mutual Fund)
Fidelity Advisor® Floating Rate High Income Fund
Dividend policy
Active
Price as of:
$9.39
-0.01
0%
primary theme
Bank Loan
FFRIX (Mutual Fund)
Fidelity Advisor® Floating Rate High Income Fund
Dividend policy
Active
Price as of:
$9.39
-0.01
0%
primary theme
Bank Loan
FFRIX - Snapshot
Vitals
- YTD Return 1.4%
- 3 Yr Annualized Return 3.6%
- 5 Yr Annualized Return 4.8%
- Net Assets $7.76 B
- Holdings in Top 10 19.0%
52 WEEK LOW AND HIGH
$9.40
$8.38
$9.42
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.73%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 37.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
- Primary Theme Bank Loan
- Fund Type Open End Mutual Fund
- Investment Style Bank Loan
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$9.39
-0.11%
$7.76 B
3.41%
$0.32
blocked
blocked
blocked
1.40%
0.73%
$10.52
-0.10%
$6.34 B
4.12%
$0.43
blocked
blocked
blocked
0.96%
1.35%
$8.77
-0.11%
$6.16 B
3.41%
$0.30
blocked
blocked
blocked
0.57%
0.82%
$8.37
-0.12%
$6.01 B
4.26%
$0.36
blocked
blocked
blocked
0.84%
0.60%
$9.75
-0.10%
$4.13 B
4.05%
$0.40
blocked
blocked
blocked
0.62%
0.58%
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
Invesco Senior Loan ETF
BKLN | ETF
$22.11
-0.09%
$5.88 B
3.33%
$0.74
blocked
blocked
blocked
-0.72%
0.65%
SPDR Blackstone Senior Loan ETF
SRLN | ETF
$45.85
-0.11%
$3.88 B
4.71%
$2.16
blocked
blocked
blocked
0.42%
0.70%
First Trust Senior Loan Fund
FTSL | ETF
$47.90
-0.04%
$1.77 B
3.26%
$1.56
blocked
blocked
blocked
0.76%
0.85%
Janus Henderson AAA CLO ETF
JAAA | ETF
$50.52
-0.04%
$121.04 M
0.57%
$0.29
blocked
blocked
blocked
0.46%
0.25%
Highland/iBoxx Senior Loan ETF
SNLN | ETF
$16.11
-0.19%
$43.52 M
2.50%
$0.40
blocked
blocked
blocked
0.75%
1.12%
FFRIX - Profile
Distributions
- YTD Total Return 1.4%
- 3 Yr Annualized Total Return 3.6%
- 5 Yr Annualized Total Return 4.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.27%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFidelity Advisor® Floating Rate High Income Fund
-
Fund Family NameFidelity Investments
-
Inception DateAug 16, 2000
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerEric Mollenhauer
Fund Description
The fund invests at least 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 fund uses fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.
FFRIX - Performance
Return Ranking - Trailing
| Period | FFRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.4% | -1.3% | 8.1% | 21.52% |
| 1 Yr | 19.4% | 4.2% | 86.9% | 41.58% |
| 3 Yr | 3.6%* | -1.4% | 5.8% | 25.78% |
| 5 Yr | 4.8%* | 1.8% | 9.0% | 29.96% |
| 10 Yr | 3.5%* | 1.6% | 6.3% | 55.56% |
* Annualized
Return Ranking - Calendar
| Period | FFRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -2.3% | -16.5% | 289.8% | 40.63% |
| 2019 | 3.0% | -8.1% | 7.5% | 42.29% |
| 2018 | -4.3% | -12.2% | 5.5% | 22.18% |
| 2017 | -0.2% | -4.2% | 3.7% | 43.15% |
| 2016 | 5.6% | -65.0% | 12.9% | 33.04% |
Total Return Ranking - Trailing
| Period | FFRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.4% | -1.3% | 8.1% | 21.52% |
| 1 Yr | 19.4% | 1.1% | 86.9% | 35.97% |
| 3 Yr | 3.6%* | -1.8% | 5.8% | 23.00% |
| 5 Yr | 4.8%* | 1.8% | 9.0% | 28.46% |
| 10 Yr | 3.5%* | 1.6% | 6.3% | 51.46% |
* Annualized
Total Return Ranking - Calendar
| Period | FFRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -2.3% | -16.5% | 289.8% | 40.63% |
| 2019 | 3.0% | -8.1% | 7.5% | 43.73% |
| 2018 | -4.1% | -12.2% | 5.5% | 25.19% |
| 2017 | -0.2% | -4.2% | 7.2% | 44.81% |
| 2016 | 5.6% | -65.0% | 12.9% | 40.97% |
NAV & Total Return History
FFRIX - Holdings
Concentration Analysis
| FFRIX | Category Low | Category High | FFRIX % Rank | |
|---|---|---|---|---|
| Net Assets | 7.76 B | 6.18 M | 7.76 B | 1.39% |
| Number of Holdings | 484 | 13 | 1246 | 24.26% |
| Net Assets in Top 10 | 1.37 B | -161 M | 1.49 B | 1.64% |
| Weighting of Top 10 | 18.99% | 6.2% | 91.8% | 34.21% |
Top 10 Holdings
- Fidelity Revere Str Tr 8.24%
- BASS PRO ESCROW TRM B 09/25/24 3.09%
- BASS PRO ESCROW TRM B 09/25/24 3.09%
- BASS PRO ESCROW TRM B 09/25/24 3.09%
- BASS PRO ESCROW TRM B 09/25/24 3.09%
- BASS PRO ESCROW TRM B 09/25/24 3.09%
- BASS PRO ESCROW TRM B 09/25/24 3.09%
- BASS PRO ESCROW TRM B 09/25/24 3.09%
- BASS PRO ESCROW TRM B 09/25/24 3.09%
- BASS PRO ESCROW TRM B 09/25/24 3.09%
Asset Allocation
| Weighting | Return Low | Return High | FFRIX % Rank | |
|---|---|---|---|---|
| Bonds | 90.12% | 30.80% | 146.63% | 72.13% |
| Cash | 8.24% | -17.24% | 55.70% | 33.11% |
| Stocks | 1.39% | 0.00% | 7.86% | 15.08% |
| Other | 0.15% | -51.39% | 11.86% | 44.59% |
| Preferred Stocks | 0.11% | 0.00% | 24.21% | 21.97% |
| Convertible Bonds | 0.00% | 0.00% | 5.44% | 82.30% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FFRIX % Rank | |
|---|---|---|---|---|
| Energy | 87.52% | 0.00% | 100.00% | 16.52% |
| Consumer Cyclical | 9.09% | 0.00% | 100.00% | 23.91% |
| Industrials | 2.63% | 0.00% | 100.00% | 28.70% |
| Communication Services | 0.76% | 0.00% | 100.00% | 60.00% |
| Utilities | 0.00% | 0.00% | 100.00% | 74.78% |
| Technology | 0.00% | 0.00% | 100.00% | 73.91% |
| Real Estate | 0.00% | 0.00% | 35.72% | 68.26% |
| Healthcare | 0.00% | 0.00% | 80.00% | 73.04% |
| Financial Services | 0.00% | 0.00% | 100.00% | 67.83% |
| Consumer Defense | 0.00% | 0.00% | 99.71% | 72.61% |
| Basic Materials | 0.00% | 0.00% | 26.71% | 73.04% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FFRIX % Rank | |
|---|---|---|---|---|
| US | 1.38% | -0.11% | 8.06% | 15.08% |
| Non US | 0.01% | -0.20% | 3.62% | 32.46% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FFRIX % Rank | |
|---|---|---|---|---|
| Corporate | 91.63% | 0.00% | 100.00% | 47.70% |
| Cash & Equivalents | 8.37% | 0.00% | 68.78% | 40.46% |
| Derivative | 0.00% | 0.00% | 6.30% | 70.39% |
| Securitized | 0.00% | 0.00% | 100.00% | 77.30% |
| Municipal | 0.00% | 0.00% | 0.61% | 70.39% |
| Government | 0.00% | 0.00% | 1.41% | 71.38% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FFRIX % Rank | |
|---|---|---|---|---|
| US | 79.27% | 5.51% | 146.63% | 39.02% |
| Non US | 10.85% | 0.00% | 92.60% | 68.52% |
FFRIX - Expenses
Operational Fees
| FFRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.73% | 0.01% | 27.10% | 87.88% |
| Management Fee | 0.55% | 0.00% | 1.73% | 20.72% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.40% | N/A |
Sales Fees
| FFRIX 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% | 3.00% | N/A |
Trading Fees
| FFRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 90.70% |
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.
| FFRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 0.00% | 412.00% | 23.10% |
FFRIX - Distributions
Dividend Yield Analysis
| FFRIX | Category Low | Category High | FFRIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 4.17% | 70.13% |
Dividend Distribution Analysis
| FFRIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| FFRIX | Category Low | Category High | FFRIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.27% | 1.29% | 10.93% | 61.41% |
Capital Gain Distribution Analysis
| FFRIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Apr 01, 2019 | $0.041 |
| Mar 01, 2019 | $0.036 |
| Feb 01, 2019 | $0.040 |
| Jan 02, 2019 | $0.039 |
| Dec 28, 2018 | $0.012 |
| Dec 03, 2018 | $0.037 |
| Nov 01, 2018 | $0.038 |
| Sep 04, 2018 | $0.036 |
| Aug 01, 2018 | $0.036 |
| Jul 02, 2018 | $0.035 |
| Jun 01, 2018 | $0.034 |
| May 01, 2018 | $0.032 |
| Apr 02, 2018 | $0.033 |
| Mar 01, 2018 | $0.028 |
| Feb 01, 2018 | $0.033 |
| Jan 02, 2018 | $0.032 |
| Dec 28, 2017 | $0.016 |
| Dec 01, 2017 | $0.031 |
| Aug 01, 2017 | $0.032 |
| Jul 03, 2017 | $0.028 |
| Jun 01, 2017 | $0.030 |
| May 01, 2017 | $0.029 |
| Jan 03, 2017 | $0.037 |
| Nov 01, 2016 | $0.031 |
| Jun 01, 2016 | $0.029 |
| Apr 01, 2016 | $0.032 |
| Mar 01, 2016 | $0.030 |
| Feb 01, 2016 | $0.030 |
| Jan 04, 2016 | $0.049 |
| Nov 02, 2015 | $0.031 |
| Oct 01, 2015 | $0.030 |
| Aug 03, 2015 | $0.031 |
| Jul 01, 2015 | $0.029 |
| Jun 01, 2015 | $0.031 |
| May 01, 2015 | $0.030 |
| Apr 01, 2015 | $0.032 |
| Mar 02, 2015 | $0.027 |
| Feb 02, 2015 | $0.031 |
| Jan 02, 2015 | $0.031 |
| Dec 01, 2014 | $0.030 |
| Nov 01, 2014 | $0.030 |
| Oct 01, 2014 | $0.028 |
| Sep 02, 2014 | $0.029 |
| Aug 01, 2014 | $0.028 |
| Jul 01, 2014 | $0.027 |
| Jun 01, 2014 | $0.029 |
| May 01, 2014 | $0.027 |
| Apr 01, 2014 | $0.028 |
| Mar 01, 2014 | $0.024 |
| Feb 01, 2014 | $0.028 |
| Jan 01, 2014 | $0.026 |
| Nov 01, 2013 | $0.027 |
| Oct 01, 2013 | $0.025 |
| Sep 03, 2013 | $0.026 |
| Aug 01, 2013 | $0.025 |
| Jul 01, 2013 | $0.024 |
| Jun 03, 2013 | $0.024 |
| May 01, 2013 | $0.024 |
| Apr 01, 2013 | $0.026 |
| Mar 01, 2013 | $0.024 |
| Feb 01, 2013 | $0.027 |
| Jan 02, 2013 | $0.027 |
| Dec 01, 2012 | $0.027 |
| Nov 01, 2012 | $0.026 |
| Oct 01, 2012 | $0.025 |
| Sep 04, 2012 | $0.029 |
| Aug 01, 2012 | $0.027 |
| Jul 01, 2012 | $0.026 |
| Jun 01, 2012 | $0.026 |
| May 01, 2012 | $0.025 |
| Apr 01, 2012 | $0.026 |
| Mar 01, 2012 | $0.024 |
| Feb 01, 2012 | $0.026 |
| Jan 01, 2012 | $0.064 |
| Dec 01, 2011 | $0.025 |
| Nov 01, 2011 | $0.026 |
| Oct 03, 2011 | $0.024 |
| Sep 01, 2011 | $0.025 |
| Aug 01, 2011 | $0.023 |
| Jul 01, 2011 | $0.022 |
| Jun 01, 2011 | $0.022 |
| May 02, 2011 | $0.021 |
| Apr 01, 2011 | $0.020 |
| Mar 01, 2011 | $0.019 |
| Feb 01, 2011 | $0.024 |
| Jan 03, 2011 | $0.073 |
| Dec 01, 2010 | $0.025 |
| Nov 01, 2010 | $0.026 |
| Oct 01, 2010 | $0.026 |
| Sep 01, 2010 | $0.027 |
| Aug 02, 2010 | $0.026 |
| Jul 01, 2010 | $0.025 |
| Jun 01, 2010 | $0.024 |
| May 03, 2010 | $0.022 |
| Apr 01, 2010 | $0.022 |
| Mar 01, 2010 | $0.021 |
| Feb 01, 2010 | $0.024 |
| Jan 04, 2010 | $0.048 |
| Dec 01, 2009 | $0.022 |
| Nov 02, 2009 | $0.023 |
| Oct 01, 2009 | $0.021 |
| Sep 01, 2009 | $0.022 |
| Aug 03, 2009 | $0.021 |
| Jul 01, 2009 | $0.020 |
| Jun 01, 2009 | $0.021 |
| May 01, 2009 | $0.020 |
| Apr 01, 2009 | $0.020 |
| Mar 02, 2009 | $0.019 |
| Feb 02, 2009 | $0.025 |
| Jan 02, 2009 | $0.052 |
| Dec 01, 2008 | $0.038 |
| Nov 03, 2008 | $0.040 |
| Oct 01, 2008 | $0.032 |
| Sep 02, 2008 | $0.033 |
| Aug 01, 2008 | $0.033 |
| Jul 01, 2008 | $0.032 |
| Jun 02, 2008 | $0.034 |
| May 01, 2008 | $0.033 |
| Apr 01, 2008 | $0.042 |
| Mar 03, 2008 | $0.043 |
| Feb 01, 2008 | $0.051 |
| Jan 02, 2008 | $0.052 |
| Dec 03, 2007 | $0.050 |
| Nov 01, 2007 | $0.054 |
| Oct 01, 2007 | $0.054 |
| Sep 04, 2007 | $0.054 |
| Aug 01, 2007 | $0.054 |
| Jul 02, 2007 | $0.052 |
| Jun 01, 2007 | $0.054 |
| May 01, 2007 | $0.053 |
| Apr 02, 2007 | $0.055 |
| Mar 01, 2007 | $0.050 |
| Feb 01, 2007 | $0.055 |
| Jan 02, 2007 | $0.007 |
| Dec 01, 2006 | $0.053 |
| Nov 01, 2006 | $0.054 |
| Oct 02, 2006 | $0.052 |
| Sep 01, 2006 | $0.053 |
| Aug 01, 2006 | $0.053 |
| Jul 03, 2006 | $0.050 |
| Jun 01, 2006 | $0.050 |
| May 01, 2006 | $0.048 |
| Apr 03, 2006 | $0.048 |
| Mar 01, 2006 | $0.042 |
| Feb 01, 2006 | $0.045 |
| Dec 01, 2005 | $0.040 |
| Nov 01, 2005 | $0.043 |
| Oct 03, 2005 | $0.039 |
| Sep 01, 2005 | $0.037 |
| Aug 01, 2005 | $0.038 |
| Jul 01, 2005 | $0.034 |
| Jun 01, 2005 | $0.035 |
| May 02, 2005 | $0.033 |
| Apr 01, 2005 | $0.034 |
| Mar 01, 2005 | $0.029 |
| Feb 01, 2005 | $0.033 |
| Jan 03, 2005 | $0.003 |
| Dec 01, 2004 | $0.028 |
| Nov 01, 2004 | $0.028 |
| Oct 01, 2004 | $0.026 |
| Sep 01, 2004 | $0.026 |
| Aug 02, 2004 | $0.025 |
| Jul 01, 2004 | $0.023 |
| Jun 01, 2004 | $0.025 |
| May 03, 2004 | $0.023 |
| Apr 01, 2004 | $0.026 |
| Mar 01, 2004 | $0.024 |
| Feb 02, 2004 | $0.025 |
| Jan 02, 2004 | $0.021 |
| Dec 01, 2003 | $0.023 |
| Nov 03, 2003 | $0.024 |
| Oct 01, 2003 | $0.020 |
| Sep 02, 2003 | $0.022 |
| Aug 01, 2003 | $0.024 |
| Jul 01, 2003 | $0.025 |
| Jun 02, 2003 | $0.027 |
| May 01, 2003 | $0.028 |
| Apr 01, 2003 | $0.028 |
| Mar 03, 2003 | $0.025 |
| Feb 03, 2003 | $0.028 |
| Jan 02, 2003 | $0.050 |
| Dec 02, 2002 | $0.029 |
| Nov 01, 2002 | $0.026 |
| Oct 01, 2002 | $0.026 |
| Sep 03, 2002 | $0.029 |
| Aug 01, 2002 | $0.028 |
| Jul 01, 2002 | $0.028 |
| Jun 03, 2002 | $0.029 |
| May 01, 2002 | $0.030 |
| Apr 01, 2002 | $0.028 |
| Mar 01, 2002 | $0.025 |
| Feb 01, 2002 | $0.030 |
| Jan 02, 2002 | $0.038 |
| Dec 03, 2001 | $0.036 |
| Mar 01, 2001 | $0.056 |
FFRIX - Fund Manager Analysis
Managers
Eric Mollenhauer
Start Date
Tenure
Tenure Rank
Apr 01, 2013
8.0
8.0%
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
2.33
2.3%
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 |
|---|---|---|---|
| 0.04 | 22.43 | 5.66 | 2.08 |
