Name
As of 12/24/2024Price
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
Vitals
YTD Return
11.1%
1 yr return
11.2%
3 Yr Avg Return
4.1%
5 Yr Avg Return
6.5%
Net Assets
$2.12 B
Holdings in Top 10
22.2%
52 WEEK LOW AND HIGH
$11.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.88%
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 12/24/2024Price
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
FIQTX - Profile
Distributions
- YTD Total Return 11.1%
- 3 Yr Annualized Total Return 4.1%
- 5 Yr Annualized Total Return 6.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.42%
- Dividend Yield 3.6%
- Dividend Distribution Frequency None
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
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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FIQTX - Performance
Return Ranking - Trailing
| Period | FIQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.1% | -8.8% | 17.7% | 2.15% |
| 1 Yr | 11.2% | -9.2% | 18.4% | 2.31% |
| 3 Yr | 4.1%* | -14.6% | 21.0% | 11.00% |
| 5 Yr | 6.5%* | -12.0% | 36.6% | 2.68% |
| 10 Yr | N/A* | -4.8% | 20.1% | 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% | 9.54% |
| 2022 | -17.2% | -33.4% | 3.6% | 77.24% |
| 2021 | 5.7% | -8.4% | 8.2% | 1.90% |
| 2020 | 4.6% | -13.2% | 302.7% | 4.97% |
| 2019 | 12.5% | -4.4% | 13.3% | 0.73% |
Total Return Ranking - Trailing
| Period | FIQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.1% | -8.8% | 17.7% | 2.15% |
| 1 Yr | 11.2% | -9.2% | 18.4% | 2.31% |
| 3 Yr | 4.1%* | -14.6% | 21.0% | 11.00% |
| 5 Yr | 6.5%* | -12.0% | 36.6% | 2.68% |
| 10 Yr | N/A* | -4.8% | 20.1% | 1.29% |
* Annualized
Total Return Ranking - Calendar
| Period | FIQTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.8% | -4.7% | 18.7% | 33.06% |
| 2022 | -10.3% | -33.4% | 47.8% | 43.52% |
| 2021 | 12.0% | -8.4% | 12.4% | 0.52% |
| 2020 | 9.4% | -9.6% | 325.6% | 5.33% |
| 2019 | 18.4% | -3.8% | 21.6% | 0.73% |
NAV & Total Return History
FIQTX - Holdings
Concentration Analysis
| FIQTX | Category Low | Category High | FIQTX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.12 B | 3.13 M | 25.3 B | 25.74% |
| Number of Holdings | 717 | 2 | 3879 | 19.60% |
| Net Assets in Top 10 | 517 M | -492 M | 5.25 B | 17.30% |
| Weighting of Top 10 | 22.16% | 4.2% | 146.0% | 18.45% |
Top 10 Holdings
- Fidelity Cash Central Fund 13.04%
- Fidelity Private Credit Company LLC 2.12%
- NVIDIA CORP 1.15%
- JPMORGAN CHASE and CO 5/VAR PERP 1.06%
- US LBM TERM B 1LN 06/06/2031 1.01%
- META PLATFORMS INC CL A 0.85%
- ALLY FINL INC 8% 11/01/2031 0.78%
- ENERGY TRANSFER LP 7.125/VAR PERP 0.73%
- PROOFPOINT TERM B 1LN 08/31/2028 0.72%
- EG GLOBAL FINANCE PLC 12% 11/30/2028 144A 0.71%
Asset Allocation
| Weighting | Return Low | Return High | FIQTX % Rank | |
|---|---|---|---|---|
| Bonds | 59.79% | 0.00% | 145.36% | 95.41% |
| Stocks | 21.68% | 0.00% | 97.54% | 2.62% |
| Cash | 13.56% | -52.00% | 48.02% | 7.74% |
| Preferred Stocks | 4.97% | 0.00% | 4.97% | 0.66% |
| Convertible Bonds | 0.56% | 0.00% | 17.89% | 72.32% |
| Other | 0.00% | -39.08% | 99.86% | 62.44% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FIQTX % Rank | |
|---|---|---|---|---|
| Technology | 21.53% | 0.00% | 33.17% | 5.04% |
| Consumer Cyclical | 20.32% | 0.00% | 100.00% | 13.95% |
| Energy | 15.48% | 0.00% | 100.00% | 55.49% |
| Consumer Defense | 10.32% | 0.00% | 100.00% | 11.57% |
| Communication Services | 10.23% | 0.00% | 99.99% | 33.53% |
| Basic Materials | 7.35% | 0.00% | 100.00% | 20.47% |
| Healthcare | 5.37% | 0.00% | 22.17% | 6.82% |
| Industrials | 4.03% | 0.00% | 93.12% | 17.21% |
| Utilities | 3.52% | 0.00% | 100.00% | 15.43% |
| Financial Services | 1.84% | 0.00% | 100.00% | 25.22% |
| Real Estate | 0.00% | 0.00% | 86.71% | 44.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FIQTX % Rank | |
|---|---|---|---|---|
| US | 21.31% | 0.00% | 97.54% | 2.64% |
| Non US | 0.37% | -0.01% | 2.00% | 2.47% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FIQTX % Rank | |
|---|---|---|---|---|
| Corporate | 88.13% | 0.00% | 100.00% | 84.49% |
| Cash & Equivalents | 13.04% | 0.00% | 48.02% | 7.58% |
| Derivative | 0.00% | -14.58% | 42.26% | 51.07% |
| Securitized | 0.00% | 0.00% | 97.24% | 63.53% |
| Municipal | 0.00% | 0.00% | 1.17% | 34.65% |
| Government | 0.00% | 0.00% | 99.07% | 55.28% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FIQTX % Rank | |
|---|---|---|---|---|
| US | 59.79% | 0.00% | 126.57% | 93.74% |
| Non US | 0.00% | 0.00% | 96.91% | 60.46% |
FIQTX - Expenses
Operational Fees
| FIQTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.88% | 0.02% | 38.33% | 58.22% |
| Management Fee | 0.61% | 0.00% | 1.75% | 70.44% |
| 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% | 5.40% |
FIQTX - Distributions
Dividend Yield Analysis
| FIQTX | Category Low | Category High | FIQTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.58% | 0.00% | 11.76% | 79.54% |
Dividend Distribution Analysis
| FIQTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
| FIQTX | Category Low | Category High | FIQTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.42% | -2.39% | 9.30% | 87.08% |
Capital Gain Distribution Analysis
| FIQTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2024 | $0.033 | OrdinaryDividend |
| Nov 30, 2024 | $0.042 | OrdinaryDividend |
| Oct 31, 2024 | $0.043 | OrdinaryDividend |
| Sep 30, 2024 | $0.042 | OrdinaryDividend |
| Aug 31, 2024 | $0.044 | OrdinaryDividend |
| Jul 31, 2024 | $0.043 | OrdinaryDividend |
| Jun 30, 2024 | $0.043 | OrdinaryDividend |
| Apr 30, 2024 | $0.043 | OrdinaryDividend |
| Mar 31, 2024 | $0.045 | OrdinaryDividend |
| Feb 29, 2024 | $0.042 | OrdinaryDividend |
| Jan 31, 2024 | $0.043 | OrdinaryDividend |
| Dec 31, 2023 | $0.051 | OrdinaryDividend |
| Dec 21, 2023 | $0.030 | OrdinaryDividend |
| Nov 30, 2023 | $0.044 | OrdinaryDividend |
| Oct 31, 2023 | $0.046 | OrdinaryDividend |
| Sep 30, 2023 | $0.044 | OrdinaryDividend |
| Aug 31, 2023 | $0.041 | OrdinaryDividend |
| Jul 31, 2023 | $0.041 | OrdinaryDividend |
| Jun 30, 2023 | $0.039 | OrdinaryDividend |
| May 31, 2023 | $0.045 | OrdinaryDividend |
| Apr 30, 2023 | $0.042 | OrdinaryDividend |
| Mar 31, 2023 | $0.044 | OrdinaryDividend |
| Feb 28, 2023 | $0.039 | OrdinaryDividend |
| Jan 31, 2023 | $0.042 | OrdinaryDividend |
| Dec 31, 2022 | $0.043 | OrdinaryDividend |
| Dec 22, 2022 | $0.037 | OrdinaryDividend |
| Dec 09, 2022 | $0.367 | CapitalGainLongTerm |
| Nov 30, 2022 | $0.041 | OrdinaryDividend |
| Oct 31, 2022 | $0.042 | OrdinaryDividend |
| Sep 30, 2022 | $0.038 | OrdinaryDividend |
| Aug 31, 2022 | $0.038 | OrdinaryDividend |
| Jul 31, 2022 | $0.038 | OrdinaryDividend |
| Jun 30, 2022 | $0.036 | OrdinaryDividend |
| May 31, 2022 | $0.036 | OrdinaryDividend |
| Apr 29, 2022 | $0.032 | OrdinaryDividend |
| Mar 31, 2022 | $0.033 | OrdinaryDividend |
| Feb 28, 2022 | $0.029 | OrdinaryDividend |
| Jan 31, 2022 | $0.032 | OrdinaryDividend |
| Dec 31, 2021 | $0.032 | OrdinaryDividend |
| Dec 22, 2021 | $0.029 | OrdinaryDividend |
| Dec 03, 2021 | $0.051 | CapitalGainShortTerm |
| Dec 03, 2021 | $0.208 | CapitalGainLongTerm |
| Nov 30, 2021 | $0.030 | OrdinaryDividend |
| Oct 29, 2021 | $0.030 | OrdinaryDividend |
| Sep 30, 2021 | $0.029 | OrdinaryDividend |
| Aug 31, 2021 | $0.031 | OrdinaryDividend |
| Jul 30, 2021 | $0.032 | OrdinaryDividend |
| Jun 30, 2021 | $0.030 | OrdinaryDividend |
| May 28, 2021 | $0.031 | OrdinaryDividend |
| Apr 30, 2021 | $0.029 | OrdinaryDividend |
| Mar 31, 2021 | $0.031 | OrdinaryDividend |
| Feb 26, 2021 | $0.027 | OrdinaryDividend |
| Jan 29, 2021 | $0.032 | OrdinaryDividend |
| Dec 31, 2020 | $0.032 | OrdinaryDividend |
| Dec 23, 2020 | $0.035 | OrdinaryDividend |
| Nov 30, 2020 | $0.031 | OrdinaryDividend |
| Oct 30, 2020 | $0.032 | OrdinaryDividend |
| Sep 30, 2020 | $0.032 | OrdinaryDividend |
| Aug 31, 2020 | $0.028 | OrdinaryDividend |
| Jul 31, 2020 | $0.035 | OrdinaryDividend |
| Jun 30, 2020 | $0.033 | OrdinaryDividend |
| May 29, 2020 | $0.035 | OrdinaryDividend |
| Apr 30, 2020 | $0.033 | OrdinaryDividend |
| Mar 31, 2020 | $0.035 | OrdinaryDividend |
| Feb 28, 2020 | $0.031 | OrdinaryDividend |
| Jan 31, 2020 | $0.035 | OrdinaryDividend |
| Dec 31, 2019 | $0.035 | OrdinaryDividend |
| Dec 26, 2019 | $0.032 | Extra |
| Dec 06, 2019 | $0.006 | CapitalGainShortTerm |
| Nov 29, 2019 | $0.033 | OrdinaryDividend |
| Oct 31, 2019 | $0.033 | OrdinaryDividend |
| Sep 30, 2019 | $0.038 | OrdinaryDividend |
| Aug 30, 2019 | $0.040 | OrdinaryDividend |
| Jul 31, 2019 | $0.040 | OrdinaryDividend |
| Jun 28, 2019 | $0.038 | OrdinaryDividend |
| Dec 27, 2018 | $0.128 | ExtraDividend |
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 | 7.31 | 8.17 |