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Trending ETFs

Name

As of 03/26/2024

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

$10.79

$1.9 B

4.55%

$0.49

0.92%

Vitals

YTD Return

4.2%

1 yr return

14.9%

3 Yr Avg Return

4.1%

5 Yr Avg Return

6.5%

Net Assets

$1.9 B

Holdings in Top 10

17.3%

52 WEEK LOW AND HIGH

$10.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.92%

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 03/26/2024

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

$10.79

$1.9 B

4.55%

$0.49

0.92%

FAHCX - Profile

Distributions

  • YTD Total Return 4.2%
  • 3 Yr Annualized Total Return 4.1%
  • 5 Yr Annualized Total Return 6.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.32%
DIVIDENDS
  • Dividend Yield 4.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Advisor High Income Advantage Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Sep 24, 1996
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Brian Chang

Fund Description

Normally investing primarily in income-producing debt securities, preferred stocks, and convertible securities, with an emphasis on lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).Potentially investing in non-income producing securities, including defaulted securities and common stocks.Investing up to 20% of total assets in common stocks.Investing in companies in troubled or uncertain financial condition.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.
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FAHCX - Performance

Return Ranking - Trailing

Period FAHCX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -4.9% 8.4% 0.62%
1 Yr 14.9% -4.1% 26.2% 4.23%
3 Yr 4.1%* -15.6% 20.6% 4.08%
5 Yr 6.5%* -11.2% 37.3% 2.42%
10 Yr 6.0%* -4.7% 19.5% 2.82%

* Annualized

Return Ranking - Calendar

Period FAHCX Return Category Return Low Category Return High Rank in Category (%)
2023 6.8% -4.7% 14.3% 10.87%
2022 -17.1% -33.4% 3.6% 75.71%
2021 5.6% -8.4% 14.9% 2.12%
2020 4.6% -13.9% 302.7% 5.38%
2019 12.5% -4.4% 13.3% 0.86%

Total Return Ranking - Trailing

Period FAHCX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -4.9% 8.4% 0.62%
1 Yr 14.9% -4.1% 26.2% 4.23%
3 Yr 4.1%* -15.6% 20.6% 4.08%
5 Yr 6.5%* -11.2% 37.3% 2.42%
10 Yr 6.0%* -4.7% 19.5% 2.82%

* Annualized

Total Return Ranking - Calendar

Period FAHCX Return Category Return Low Category Return High Rank in Category (%)
2023 12.6% -4.7% 18.7% 38.51%
2022 -10.4% -33.4% 47.8% 43.57%
2021 11.8% -8.4% 24.8% 0.98%
2020 9.3% -9.6% 325.6% 6.05%
2019 18.3% -3.8% 21.5% 0.86%

NAV & Total Return History


FAHCX - Holdings

Concentration Analysis

FAHCX Category Low Category High FAHCX % Rank
Net Assets 1.9 B 1.85 M 22.6 B 23.50%
Number of Holdings 740 2 2736 13.89%
Net Assets in Top 10 321 M -492 M 4.45 B 17.13%
Weighting of Top 10 17.30% 4.2% 149.6% 29.48%

Top 10 Holdings

  1. Fidelity Cash Central Fund 8.24%
  2. Fidelity Private Credit Central Fund LLC 2.60%
  3. JPMORGAN CHASE and CO 5/VAR PERP 1.29%
  4. ALLY FINL INC 8% 11/01/2031 0.85%
  5. ENERGY TRANSFER LP 7.125/VAR PERP 0.77%
  6. GOLDMAN SACHS GROUP INC (THE) 5.3%/VAR PERP 0.75%
  7. TRANSDIGM INC 5.5% 11/15/2027 0.74%
  8. TRANSDIGM INC 4.875% 05/01/2029 0.70%
  9. CITIGROUP 5.35% PERP 0.68%
  10. CCO HLDGS LLC/CAP CORP 4.5% 05/01/2032 0.67%

Asset Allocation

Weighting Return Low Return High FAHCX % Rank
Bonds
68.49% -3.13% 154.38% 95.70%
Stocks
14.82% 0.00% 99.61% 3.84%
Cash
8.63% -52.00% 49.49% 14.97%
Preferred Stocks
8.06% 0.00% 8.06% 0.77%
Convertible Bonds
0.56% 0.00% 17.89% 72.69%
Other
0.00% -63.70% 102.57% 83.80%

Stock Sector Breakdown

Weighting Return Low Return High FAHCX % Rank
Technology
21.53% 0.00% 33.17% 5.03%
Consumer Cyclical
20.32% 0.00% 100.00% 13.97%
Energy
15.48% 0.00% 100.00% 56.98%
Consumer Defense
10.32% 0.00% 100.00% 11.73%
Communication Services
10.23% 0.00% 99.99% 32.96%
Basic Materials
7.35% 0.00% 100.00% 20.39%
Healthcare
5.37% 0.00% 22.17% 7.82%
Industrials
4.03% 0.00% 93.12% 18.16%
Utilities
3.52% 0.00% 100.00% 16.76%
Financial Services
1.84% 0.00% 100.00% 25.70%
Real Estate
0.00% 0.00% 86.71% 95.81%

Stock Geographic Breakdown

Weighting Return Low Return High FAHCX % Rank
US
14.56% 0.00% 99.61% 3.86%
Non US
0.27% -0.01% 0.83% 2.78%

Bond Sector Breakdown

Weighting Return Low Return High FAHCX % Rank
Corporate
88.13% 0.00% 129.69% 84.70%
Cash & Equivalents
8.42% 0.00% 49.49% 13.73%
Derivative
0.00% -15.04% 42.26% 80.40%
Securitized
0.00% 0.00% 97.24% 95.52%
Municipal
0.00% 0.00% 4.66% 93.04%
Government
0.00% 0.00% 99.07% 95.52%

Bond Geographic Breakdown

Weighting Return Low Return High FAHCX % Rank
US
68.49% -3.13% 129.21% 92.59%
Non US
0.00% 0.00% 97.33% 96.60%

FAHCX - Expenses

Operational Fees

FAHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.04% 31.61% 56.94%
Management Fee 0.71% 0.00% 1.84% 87.69%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

FAHCX 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

FAHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 79.69%

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.

FAHCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 1.00% 255.00% 5.77%

FAHCX - Distributions

Dividend Yield Analysis

FAHCX Category Low Category High FAHCX % Rank
Dividend Yield 4.55% 0.00% 34.98% 79.60%

Dividend Distribution Analysis

FAHCX Category Low Category High Category Mod
Dividend Distribution Frequency None SemiAnnual Monthly Monthly

Net Income Ratio Analysis

FAHCX Category Low Category High FAHCX % Rank
Net Income Ratio 3.32% -2.39% 14.30% 89.17%

Capital Gain Distribution Analysis

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

Distributions History

View More +

FAHCX - 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 7.12 8.17