Fidelity® Floating Rate High Income
(FFRHX)
US Markets Open
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9.80
+0.01
+0.11%
:

Previous Close

9.79

Net Assets

9.24B

Yield

3.37%

Front load

None

Expenses

0.70%

Category

Bank Loan

Morningstar Risk

Below Average

Morningstar Rating ★★★★
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Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • FFRHX

  • Category

    • 2013

    • 3.92%

    • -

    • 2012

    • 6.80%

    • -

    • 2011

    • 1.73%

    • -

    • 2010

    • 7.81%

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • 1.51%

      • 2.57%

      • 1.47%

      • Q2

      • -0.28%

      • 0.59%

      • 0.05%

      • Q3

      • 1.08%

      • 2.39%

      • -2.83%

      • Q4

      • 1.57%

      • 1.10%

      • 3.13%

      Composition
      Sector Weightings
      Equity Investment Style
      The two dimensions of the Fund Style box measure the average size of companies that have been in the FUND, from the top to bottom, and the average valuation characteristics of the FUND's past stock holdings, from left to right.
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • Heinz Term B-2 6/7/2020

        • 2.50

        • 401,336,348

        • -1,013,476

        • Community Health Trm D 1/27/21

        • 2.09

        • 334,036,706

        • -839,288

        • Hca Inc Term A-4 02/02/16

        • 1.82

        • 292,000,901

        • -735,519

        • Fortescue Mtls Grp Term B 6/19

        • 1.73

        • 278,780,439

        • -702,218

        • Hilton Worldwid Trm B 10/25/20

        • 1.72

        • 277,242,632

        • -20,536,491

        • Caesars Prop Tm B 1ln 10/11/20

        • 1.68

        • 270,294,942

        • 12,035,229

        • Dell Term B 04/29/20

        • 1.24

        • 200,487,661

        • -505,007

        • Altice Financing Trm B 6/24/19

        • 1.02

        • 160,260,984

        • -402,666

        • Hca Term B-5 03/31/17

        • 0.97

        • 155,499,563

        • -391,687

        • Bmc Software Us Term B 9/10/20

        • 0.93

        • 151,041,695

        • -37,939,668

        • Name

        • Rating

        • YTD Return %

          • Eaton Vance Floating-Rate Advantage I

          • ★★★★★
          • 1.01

          • Hartford Floating Rate High Inc Y

          • ★★★★★
          • 1.75

          • Loomis Sayles Sr Floating Rate and F/I Y

          • ★★★★★
          • 3.25

          • Hartford Floating Rate High Inc I

          • ★★★★★
          • 1.71

          • Oppenheimer Senior Floating Rate Y

          • ★★★★★
          • 1.40

          • Eaton Vance Floating-Rate Advantage Adv

          • ★★★★★
          • 0.72

          • Eaton Vance Floating-Rate Advantage A LW

          • ★★★★★
          • 0.81

          • Oppenheimer Senior Floating Rate A LW

          • ★★★★★
          • 1.08

          • Eaton Vance Floating-Rate & Hi Inc Inst

          • ★★★★★
          • 1.24

          • Loomis Sayles Sr Floating Rate and A LW

          • ★★★★★
          • 3.06

          • Name

          • FFRHX

          • Category

            • Expense Ratio

            • 0.70%

            • 1.09%

            • Net Assets

            • 9.24B

            • 653.14M

            • Dividend Yield

            • 2.86%

            • 1.10

            • Price/Book

            • 3.91

            • 1.59

            • Price/Sales

            • 1.33

            • 2.69

            • Price/Cash Flow

            • 10.21

            • 26.67

            Profile

            Name of Issuer

            Fidelity Investments

            Fund Style

            Open

            Fund Manager

            Eric Mollenhauer

            Investment Style

            Large Value

            The investment seeks a high level of current income. 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.

            Purchase Information

            Initial Purchase 2,500
            Initial Purchase: IRA 500
            Initial Purchase: AIP 200
            Front load None
            Back Load None

            Inception

            9/19/2002