Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.8%
1 yr return
10.6%
3 Yr Avg Return
3.1%
5 Yr Avg Return
5.7%
Net Assets
$2.12 B
Holdings in Top 10
15.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 27.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FIQTX - Profile
Distributions
- YTD Total Return 2.8%
- 3 Yr Annualized Total Return 3.1%
- 5 Yr Annualized Total Return 5.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.42%
- Dividend Yield 5.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFidelity Advisor High Income Advantage Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateOct 02, 2018
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Chang
Fund Description
FIQTX - Performance
Return Ranking - Trailing
Period | FIQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -7.4% | 6.5% | 3.14% |
1 Yr | 10.6% | -8.2% | 18.0% | 8.03% |
3 Yr | 3.1%* | -16.7% | 20.2% | 9.20% |
5 Yr | 5.7%* | -12.2% | 36.5% | 2.78% |
10 Yr | N/A* | -5.0% | 19.4% | 1.30% |
* Annualized
Return Ranking - Calendar
Period | FIQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.9% | -4.7% | 14.3% | 9.13% |
2022 | -17.2% | -33.4% | 3.6% | 77.27% |
2021 | 5.7% | -8.4% | 14.9% | 1.99% |
2020 | 4.6% | -13.9% | 302.7% | 5.29% |
2019 | 12.5% | -4.4% | 13.3% | 0.70% |
Total Return Ranking - Trailing
Period | FIQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -7.4% | 6.5% | 3.14% |
1 Yr | 10.6% | -8.2% | 18.0% | 8.03% |
3 Yr | 3.1%* | -16.7% | 20.2% | 9.20% |
5 Yr | 5.7%* | -12.2% | 36.5% | 2.78% |
10 Yr | N/A* | -5.0% | 19.4% | 1.29% |
* Annualized
Total Return Ranking - Calendar
Period | FIQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.8% | -4.7% | 18.2% | 32.13% |
2022 | -10.3% | -33.4% | 47.8% | 43.24% |
2021 | 12.0% | -8.4% | 24.8% | 0.66% |
2020 | 9.4% | -9.6% | 325.6% | 5.80% |
2019 | 18.4% | 0.9% | 21.5% | 0.70% |
NAV & Total Return History
FIQTX - Holdings
Concentration Analysis
FIQTX | Category Low | Category High | FIQTX % Rank | |
---|---|---|---|---|
Net Assets | 2.12 B | 1.45 M | 23.6 B | 23.95% |
Number of Holdings | 745 | 2 | 2736 | 13.91% |
Net Assets in Top 10 | 328 M | -492 M | 4.55 B | 17.19% |
Weighting of Top 10 | 15.95% | 4.2% | 146.9% | 36.09% |
Top 10 Holdings
- Fidelity Cash Central Fund 7.18%
- Fidelity Private Credit Central Fund LLC 2.38%
- JPMORGAN CHASE and CO 5/VAR PERP 1.19%
- ALLY FINL INC 8% 11/01/2031 0.87%
- ENERGY TRANSFER LP 7.125/VAR PERP 0.81%
- ENERGY TRANSFER OPERATING MLP 6.25%/VAR PERP 0.73%
- GOLDMAN SACHS GROUP INC (THE) 5.3%/VAR PERP 0.72%
- TRANSDIGM INC 5.5% 11/15/2027 0.70%
- CLOUD SOFTWARE GROUP INC 6.5% 03/31/2029 144A 0.68%
- TRANSDIGM INC 4.875% 05/01/2029 0.68%
Asset Allocation
Weighting | Return Low | Return High | FIQTX % Rank | |
---|---|---|---|---|
Bonds | 67.39% | -3.13% | 154.38% | 95.33% |
Stocks | 17.26% | 0.00% | 99.54% | 3.42% |
Preferred Stocks | 7.88% | 0.00% | 7.88% | 0.63% |
Cash | 7.47% | -52.00% | 48.07% | 17.19% |
Convertible Bonds | 0.56% | 0.00% | 17.89% | 72.19% |
Other | 0.00% | -63.70% | 102.57% | 47.66% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FIQTX % Rank | |
---|---|---|---|---|
Technology | 21.53% | 0.00% | 33.17% | 4.79% |
Consumer Cyclical | 20.32% | 0.00% | 100.00% | 13.52% |
Energy | 15.48% | 0.00% | 100.00% | 56.62% |
Consumer Defense | 10.32% | 0.00% | 100.00% | 11.55% |
Communication Services | 10.23% | 0.00% | 99.99% | 32.96% |
Basic Materials | 7.35% | 0.00% | 100.00% | 19.72% |
Healthcare | 5.37% | 0.00% | 22.17% | 7.04% |
Industrials | 4.03% | 0.00% | 93.12% | 17.75% |
Utilities | 3.52% | 0.00% | 100.00% | 16.62% |
Financial Services | 1.84% | 0.00% | 100.00% | 25.07% |
Real Estate | 0.00% | 0.00% | 86.71% | 33.80% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FIQTX % Rank | |
---|---|---|---|---|
US | 16.81% | 0.00% | 99.54% | 3.44% |
Non US | 0.45% | -0.01% | 0.83% | 0.94% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FIQTX % Rank | |
---|---|---|---|---|
Corporate | 88.13% | 0.00% | 129.69% | 84.35% |
Cash & Equivalents | 7.18% | 0.00% | 48.07% | 16.72% |
Derivative | 0.00% | -15.04% | 42.26% | 40.31% |
Securitized | 0.00% | 0.00% | 97.24% | 55.71% |
Municipal | 0.00% | 0.00% | 4.66% | 23.32% |
Government | 0.00% | 0.00% | 99.07% | 45.54% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FIQTX % Rank | |
---|---|---|---|---|
US | 67.39% | -3.13% | 129.21% | 92.19% |
Non US | 0.00% | 0.00% | 98.19% | 51.41% |
FIQTX - Expenses
Operational Fees
FIQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.82% | 0.02% | 38.33% | 64.43% |
Management Fee | 0.61% | 0.00% | 1.84% | 69.31% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
FIQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FIQTX 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.
FIQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 27.00% | 1.00% | 255.00% | 5.27% |
FIQTX - Distributions
Dividend Yield Analysis
FIQTX | Category Low | Category High | FIQTX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.01% | 0.00% | 11.76% | 79.04% |
Dividend Distribution Analysis
FIQTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FIQTX | Category Low | Category High | FIQTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.42% | -2.39% | 14.30% | 86.96% |
Capital Gain Distribution Analysis
FIQTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.045 | OrdinaryDividend |
Mar 01, 2024 | $0.042 | OrdinaryDividend |
Feb 01, 2024 | $0.043 | OrdinaryDividend |
Jan 01, 2024 | $0.051 | OrdinaryDividend |
Dec 22, 2023 | $0.030 | OrdinaryDividend |
Dec 01, 2023 | $0.044 | OrdinaryDividend |
Nov 01, 2023 | $0.046 | OrdinaryDividend |
Oct 01, 2023 | $0.044 | OrdinaryDividend |
Sep 01, 2023 | $0.041 | OrdinaryDividend |
Aug 01, 2023 | $0.041 | OrdinaryDividend |
Jul 01, 2023 | $0.039 | OrdinaryDividend |
Jun 01, 2023 | $0.045 | OrdinaryDividend |
May 01, 2023 | $0.042 | OrdinaryDividend |
Apr 01, 2023 | $0.044 | OrdinaryDividend |
Mar 01, 2023 | $0.039 | OrdinaryDividend |
Feb 01, 2023 | $0.042 | OrdinaryDividend |
Jan 01, 2023 | $0.043 | OrdinaryDividend |
Dec 23, 2022 | $0.037 | OrdinaryDividend |
Dec 01, 2022 | $0.041 | OrdinaryDividend |
Nov 01, 2022 | $0.042 | OrdinaryDividend |
Oct 03, 2022 | $0.038 | OrdinaryDividend |
Sep 01, 2022 | $0.038 | OrdinaryDividend |
Aug 01, 2022 | $0.038 | OrdinaryDividend |
Jul 01, 2022 | $0.036 | OrdinaryDividend |
Jun 01, 2022 | $0.036 | OrdinaryDividend |
May 02, 2022 | $0.032 | OrdinaryDividend |
Apr 01, 2022 | $0.033 | OrdinaryDividend |
Mar 01, 2022 | $0.029 | OrdinaryDividend |
Feb 01, 2022 | $0.032 | OrdinaryDividend |
Jan 01, 2022 | $0.033 | OrdinaryDividend |
Dec 23, 2021 | $0.029 | OrdinaryDividend |
Dec 01, 2021 | $0.030 | OrdinaryDividend |
Nov 01, 2021 | $0.030 | OrdinaryDividend |
Oct 01, 2021 | $0.029 | OrdinaryDividend |
Sep 01, 2021 | $0.031 | OrdinaryDividend |
Aug 01, 2021 | $0.032 | OrdinaryDividend |
Jul 01, 2021 | $0.030 | OrdinaryDividend |
Jun 01, 2021 | $0.031 | OrdinaryDividend |
May 01, 2021 | $0.029 | OrdinaryDividend |
Apr 01, 2021 | $0.031 | OrdinaryDividend |
Mar 01, 2021 | $0.027 | OrdinaryDividend |
Feb 01, 2021 | $0.032 | OrdinaryDividend |
Jan 04, 2021 | $0.032 | OrdinaryDividend |
Dec 24, 2020 | $0.035 | OrdinaryDividend |
Dec 01, 2020 | $0.031 | OrdinaryDividend |
Nov 02, 2020 | $0.032 | OrdinaryDividend |
Oct 01, 2020 | $0.032 | OrdinaryDividend |
Sep 01, 2020 | $0.028 | OrdinaryDividend |
Aug 03, 2020 | $0.035 | OrdinaryDividend |
Jul 01, 2020 | $0.033 | OrdinaryDividend |
Jun 01, 2020 | $0.035 | OrdinaryDividend |
May 01, 2020 | $0.033 | OrdinaryDividend |
Apr 01, 2020 | $0.035 | OrdinaryDividend |
Mar 02, 2020 | $0.031 | OrdinaryDividend |
Feb 03, 2020 | $0.035 | OrdinaryDividend |
Jan 02, 2020 | $0.035 | OrdinaryDividend |
Dec 27, 2019 | $0.032 | ExtraDividend |
Dec 09, 2019 | $0.006 | OrdinaryDividend |
Dec 02, 2019 | $0.033 | OrdinaryDividend |
Nov 01, 2019 | $0.033 | OrdinaryDividend |
Oct 01, 2019 | $0.038 | OrdinaryDividend |
Sep 03, 2019 | $0.040 | OrdinaryDividend |
Aug 01, 2019 | $0.040 | OrdinaryDividend |
Jul 01, 2019 | $0.038 | OrdinaryDividend |
Jun 03, 2019 | $0.040 | DailyAccrualFund |
May 01, 2019 | $0.039 | DailyAccrualFund |
Apr 01, 2019 | $0.041 | DailyAccrualFund |
Mar 01, 2019 | $0.036 | DailyAccrualFund |
Feb 01, 2019 | $0.041 | DailyAccrualFund |
Jan 02, 2019 | $0.039 | DailyAccrualFund |
Dec 28, 2018 | $0.128 | ExtraDividend |
Dec 03, 2018 | $0.037 | DailyAccrualFund |
Nov 01, 2018 | $0.037 | DailyAccrualFund |
FIQTX - Fund Manager Analysis
Managers
Brian Chang
Start Date
Tenure
Tenure Rank
Oct 01, 2019
2.67
2.7%
Brian Chang is a portfolio manager in the High Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing,and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Chang co-manages multiple High Yield Fidelity Funds, portfolio sleeves and institutional accounts.
Mark Notkin
Start Date
Tenure
Tenure Rank
Oct 01, 2019
2.67
2.7%
Mr. Notkin is a vice president and co-manager of Fidelity Investments. Since joining Fidelity in 1994, he has worked as a research analyst and portfolio manager.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.16 | 8.17 |