Fidelity Series Floating Rate High Income Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.5%
1 yr return
9.5%
3 Yr Avg Return
7.4%
5 Yr Avg Return
6.2%
Net Assets
$251 M
Holdings in Top 10
15.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.03%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 45.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FFHCX - Profile
Distributions
- YTD Total Return 9.5%
- 3 Yr Annualized Total Return 7.4%
- 5 Yr Annualized Total Return 6.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.24%
- Dividend Yield 1.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Series Floating Rate High Income Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateOct 26, 2011
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerEric Mollenhauer
Fund Description
FFHCX - Performance
Return Ranking - Trailing
Period | FFHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.5% | -4.6% | 10.7% | 7.55% |
1 Yr | 9.5% | -4.4% | 11.1% | 12.45% |
3 Yr | 7.4%* | -6.8% | 8.3% | 0.79% |
5 Yr | 6.2%* | -4.7% | 38.1% | 4.13% |
10 Yr | 5.3%* | -0.2% | 20.0% | 2.75% |
* Annualized
Return Ranking - Calendar
Period | FFHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.8% | -12.0% | 11.1% | 55.47% |
2022 | -5.2% | -22.9% | 5.1% | 7.75% |
2021 | 1.9% | -12.2% | 11.1% | 22.22% |
2020 | -2.3% | -14.1% | 289.8% | 38.02% |
2019 | 3.1% | -8.1% | 7.5% | 41.70% |
Total Return Ranking - Trailing
Period | FFHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.5% | -4.6% | 10.7% | 7.55% |
1 Yr | 9.5% | -4.4% | 11.1% | 12.45% |
3 Yr | 7.4%* | -6.8% | 8.3% | 0.79% |
5 Yr | 6.2%* | -4.7% | 38.1% | 4.13% |
10 Yr | 5.3%* | -0.2% | 20.0% | 2.75% |
* Annualized
Total Return Ranking - Calendar
Period | FFHCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.0% | -12.0% | 22.1% | 34.34% |
2022 | 0.2% | -22.9% | 5.1% | 4.26% |
2021 | 6.7% | -10.2% | 11.1% | 13.89% |
2020 | 3.0% | -8.8% | 306.9% | 18.18% |
2019 | 9.9% | -3.6% | 12.1% | 3.40% |
NAV & Total Return History
FFHCX - Holdings
Concentration Analysis
FFHCX | Category Low | Category High | FFHCX % Rank | |
---|---|---|---|---|
Net Assets | 251 M | 29.9 M | 13.5 B | 75.29% |
Number of Holdings | 544 | 2 | 2051 | 19.07% |
Net Assets in Top 10 | 37.8 M | -191 M | 2.37 B | 67.32% |
Weighting of Top 10 | 15.17% | 5.2% | 100.7% | 40.63% |
Top 10 Holdings
- Fidelity Cash Central Fund 5.43%
- GREAT OUTDOORS TERM B2 1LN 03/05/2028 2.35%
- ACRISURE TERM B6 1LN 11/06/2030 1.16%
- SOLERA TERM B 1LN 06/02/2028 1.08%
- GOLDEN NUGGET TERM B 1LN 01/27/2029 1.02%
- UKG TERM B 1LN 02/10/2031 0.93%
- AUTHENTIC BRANDS TERM B1 1LN 12/21/2028 0.85%
- INTERNET BRANDS TERM B 1LN 05/03/2028 0.80%
- NOVOLEX TERM 1LN 04/13/2029 0.80%
- GAINWELL TERM B 1LN 10/01/2027 0.75%
Asset Allocation
Weighting | Return Low | Return High | FFHCX % Rank | |
---|---|---|---|---|
Bonds | 95.44% | 0.00% | 161.82% | 47.47% |
Cash | 5.43% | -61.90% | 16.36% | 28.79% |
Stocks | 1.47% | 0.00% | 100.74% | 45.91% |
Preferred Stocks | 0.21% | -3.99% | 7.54% | 15.18% |
Other | 0.00% | -52.39% | 26.58% | 63.42% |
Convertible Bonds | 0.00% | 0.00% | 5.51% | 57.25% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FFHCX % Rank | |
---|---|---|---|---|
Energy | 90.13% | 0.00% | 100.00% | 13.04% |
Consumer Cyclical | 9.87% | 0.00% | 97.66% | 16.52% |
Utilities | 0.00% | 0.00% | 100.00% | 45.22% |
Technology | 0.00% | 0.00% | 100.00% | 43.48% |
Real Estate | 0.00% | 0.00% | 48.61% | 33.91% |
Industrials | 0.00% | 0.00% | 100.00% | 57.39% |
Healthcare | 0.00% | 0.00% | 100.00% | 33.91% |
Financial Services | 0.00% | 0.00% | 89.61% | 33.91% |
Communication Services | 0.00% | 0.00% | 100.00% | 72.17% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 41.74% |
Basic Materials | 0.00% | 0.00% | 1.36% | 32.17% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FFHCX % Rank | |
---|---|---|---|---|
US | 1.47% | -0.01% | 100.74% | 45.91% |
Non US | 0.00% | 0.00% | 0.68% | 43.97% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FFHCX % Rank | |
---|---|---|---|---|
Corporate | 95.36% | 0.00% | 99.80% | 20.78% |
Cash & Equivalents | 5.43% | 0.00% | 25.03% | 26.07% |
Derivative | 0.00% | -11.46% | 0.67% | 50.19% |
Securitized | 0.00% | 0.00% | 91.68% | 58.82% |
Municipal | 0.00% | 0.00% | 0.47% | 32.16% |
Government | 0.00% | 0.00% | 3.18% | 43.53% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FFHCX % Rank | |
---|---|---|---|---|
US | 95.44% | 0.00% | 124.50% | 35.80% |
Non US | 0.00% | 0.00% | 63.23% | 57.59% |
FFHCX - Expenses
Operational Fees
FFHCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.03% | 0.03% | 5.51% | 100.00% |
Management Fee | 0.00% | 0.00% | 1.89% | 0.38% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.27% | N/A |
Sales Fees
FFHCX 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% | 1.00% | N/A |
Trading Fees
FFHCX 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.
FFHCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 45.00% | 4.00% | 180.00% | 34.71% |
FFHCX - Distributions
Dividend Yield Analysis
FFHCX | Category Low | Category High | FFHCX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.07% | 0.00% | 11.13% | 3.77% |
Dividend Distribution Analysis
FFHCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FFHCX | Category Low | Category High | FFHCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.24% | 1.77% | 9.82% | 18.18% |
Capital Gain Distribution Analysis
FFHCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 11, 2024 | $0.008 | OrdinaryDividend |
Nov 30, 2024 | $0.064 | OrdinaryDividend |
Oct 31, 2024 | $0.067 | OrdinaryDividend |
Sep 30, 2024 | $0.068 | OrdinaryDividend |
Aug 31, 2024 | $0.071 | OrdinaryDividend |
Jul 31, 2024 | $0.070 | OrdinaryDividend |
Jun 30, 2024 | $0.069 | OrdinaryDividend |
Apr 30, 2024 | $0.069 | OrdinaryDividend |
Mar 31, 2024 | $0.071 | OrdinaryDividend |
Feb 29, 2024 | $0.068 | OrdinaryDividend |
Jan 31, 2024 | $0.073 | OrdinaryDividend |
Dec 31, 2023 | $0.072 | OrdinaryDividend |
Dec 13, 2023 | $0.050 | OrdinaryDividend |
Nov 30, 2023 | $0.072 | OrdinaryDividend |
Oct 31, 2023 | $0.072 | OrdinaryDividend |
Sep 30, 2023 | $0.068 | OrdinaryDividend |
Aug 31, 2023 | $0.067 | OrdinaryDividend |
Jul 31, 2023 | $0.069 | OrdinaryDividend |
Jun 30, 2023 | $0.066 | OrdinaryDividend |
May 31, 2023 | $0.068 | OrdinaryDividend |
Apr 30, 2023 | $0.064 | OrdinaryDividend |
Mar 31, 2023 | $0.065 | OrdinaryDividend |
Feb 28, 2023 | $0.058 | OrdinaryDividend |
Jan 31, 2023 | $0.063 | OrdinaryDividend |
Dec 31, 2022 | $0.059 | OrdinaryDividend |
Dec 14, 2022 | $0.017 | OrdinaryDividend |
Nov 30, 2022 | $0.056 | OrdinaryDividend |
Oct 31, 2022 | $0.054 | OrdinaryDividend |
Sep 30, 2022 | $0.047 | OrdinaryDividend |
Aug 31, 2022 | $0.047 | OrdinaryDividend |
Jul 31, 2022 | $0.044 | OrdinaryDividend |
Jun 30, 2022 | $0.035 | OrdinaryDividend |
May 31, 2022 | $0.035 | OrdinaryDividend |
Apr 29, 2022 | $0.032 | OrdinaryDividend |
Mar 31, 2022 | $0.032 | OrdinaryDividend |
Feb 28, 2022 | $0.029 | OrdinaryDividend |
Jan 31, 2022 | $0.031 | OrdinaryDividend |
Dec 31, 2021 | $0.032 | OrdinaryDividend |
Dec 15, 2021 | $0.025 | OrdinaryDividend |
Nov 30, 2021 | $0.030 | OrdinaryDividend |
Oct 29, 2021 | $0.031 | OrdinaryDividend |
Sep 30, 2021 | $0.030 | OrdinaryDividend |
Aug 31, 2021 | $0.033 | OrdinaryDividend |
Jul 30, 2021 | $0.032 | OrdinaryDividend |
Jun 30, 2021 | $0.030 | OrdinaryDividend |
May 28, 2021 | $0.031 | OrdinaryDividend |
Apr 30, 2021 | $0.031 | OrdinaryDividend |
Mar 31, 2021 | $0.031 | OrdinaryDividend |
Feb 26, 2021 | $0.029 | OrdinaryDividend |
Jan 29, 2021 | $0.033 | OrdinaryDividend |
Dec 31, 2020 | $0.032 | OrdinaryDividend |
Dec 16, 2020 | $0.007 | OrdinaryDividend |
Nov 30, 2020 | $0.032 | OrdinaryDividend |
Oct 30, 2020 | $0.032 | OrdinaryDividend |
Sep 30, 2020 | $0.032 | OrdinaryDividend |
Aug 31, 2020 | $0.033 | OrdinaryDividend |
Jul 31, 2020 | $0.029 | OrdinaryDividend |
Jun 30, 2020 | $0.032 | OrdinaryDividend |
May 29, 2020 | $0.034 | OrdinaryDividend |
Apr 30, 2020 | $0.034 | OrdinaryDividend |
Mar 31, 2020 | $0.040 | OrdinaryDividend |
Feb 28, 2020 | $0.038 | OrdinaryDividend |
Jan 31, 2020 | $0.042 | OrdinaryDividend |
Dec 31, 2019 | $0.042 | OrdinaryDividend |
Dec 18, 2019 | $0.013 | OrdinaryDividend |
Nov 29, 2019 | $0.040 | OrdinaryDividend |
Oct 31, 2019 | $0.044 | OrdinaryDividend |
Sep 30, 2019 | $0.043 | OrdinaryDividend |
Aug 30, 2019 | $0.046 | OrdinaryDividend |
Jul 31, 2019 | $0.047 | OrdinaryDividend |
Jun 28, 2019 | $0.046 | OrdinaryDividend |
Dec 18, 2018 | $0.105 | DailyAccrualFund |
Dec 08, 2014 | $0.127 | CapitalGainShortTerm |
Dec 08, 2014 | $0.232 | CapitalGainLongTerm |
Dec 10, 2012 | $0.110 | CapitalGainShortTerm |
Dec 10, 2012 | $0.161 | CapitalGainLongTerm |
Dec 29, 2011 | $0.020 | CapitalGainShortTerm |
Dec 19, 2011 | $0.001 | CapitalGainShortTerm |
Dec 19, 2011 | $0.001 | CapitalGainLongTerm |
FFHCX - Fund Manager Analysis
Managers
Eric Mollenhauer
Start Date
Tenure
Tenure Rank
Oct 20, 2011
10.62
10.6%
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 29, 2018
3.5
3.5%
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 |
---|---|---|---|
0.09 | 21.18 | 6.08 | 3.25 |