FLSCX: Fidelity Advisor® Leveraged Co Stk C

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

FLSCX Fidelity Advisor® Leveraged Co Stk C


Profile

FLSCX - Profile

Vitals

  • YTD Return 1.7%
  • 3 Yr Annualized Return -4.0%
  • 5 Yr Annualized Return -6.8%
  • Net Assets $1.1 B
  • Holdings in Top 10 31.8%

52 WEEK LOW AND HIGH

$34.59
$19.71
$37.04

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.83%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 25.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $500

Fund Classification


Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio -0.86%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Advisor® Leveraged Company Stock Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Dec 27, 2000
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian Chang

Fund Description

The fund normally invests at least 80% of assets in stocks. It normally invests primarily in common stocks of leveraged companies (companies that issue lower-quality debt and other companies with leveraged capital structures). The fund potentially invests in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). It invests in domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

FLSCX - Performance

Return Ranking - Trailing

Period FLSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -42.4% 1943.3% 8.33%
1 Yr 10.4% -62.9% 1969.4% 3.38%
3 Yr -4.0%* -29.8% 179.8% 41.74%
5 Yr -6.8%* -21.9% 94.0% 90.48%
10 Yr 2.5%* -10.0% 11.9% 53.85%

* Annualized

Return Ranking - Calendar

Period FLSCX Return Category Return Low Category Return High Rank in Category (%)
2019 20.9% -23.6% 40.9% 59.54%
2018 -27.5% -44.3% -1.3% 91.12%
2017 -13.5% -13.5% 18.9% 100.00%
2016 -8.6% -16.4% 23.6% 99.25%
2015 -6.5% -40.7% 2.9% 29.24%

Total Return Ranking - Trailing

Period FLSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -42.4% 1943.3% 8.33%
1 Yr 10.4% -62.9% 1969.4% 3.38%
3 Yr 2.6%* -29.8% 179.8% 22.74%
5 Yr 4.3%* -21.9% 94.0% 34.13%
10 Yr 8.8%* -9.1% 11.9% 21.30%

* Annualized

Total Return Ranking - Calendar

Period FLSCX Return Category Return Low Category Return High Rank in Category (%)
2019 20.9% -23.6% 40.9% 59.54%
2018 -17.7% -44.3% 0.1% 57.10%
2017 16.5% -8.7% 24.9% 30.72%
2016 5.0% -4.7% 26.2% 95.09%
2015 -3.7% -40.3% 3.9% 35.17%

NAV & Total Return History


Holdings

FLSCX - Holdings

Concentration Analysis

FLSCX Category Low Category High FLSCX % Rank
Net Assets 1.1 B 118 K 116 B 27.75%
Number of Holdings 67 1 3252 68.96%
Net Assets in Top 10 290 M 59.1 K 9.84 B 19.23%
Weighting of Top 10 31.82% 3.9% 100.0% 24.45%

Top 10 Holdings

  1. Adobe Inc 3.78%
  2. Microsoft Corp 3.56%
  3. JBS SA 3.37%
  4. T-Mobile US Inc 3.33%
  5. Vistra Energy Corp 3.20%
  6. Alphabet Inc Class C 3.13%
  7. Altice USA Inc Class A 3.07%
  8. Penn National Gaming Inc 2.98%
  9. Global Payments Inc 2.75%
  10. Mastercard Inc A 2.66%

Asset Allocation

Weighting Return Low Return High FLSCX % Rank
Stocks
96.95% 86.14% 100.11% 73.35%
Cash
3.05% -4.60% 13.86% 24.18%
Preferred Stocks
0.00% 0.00% 2.78% 19.23%
Other
0.00% -1.03% 3.76% 18.68%
Convertible Bonds
0.00% 0.00% 2.28% 17.31%
Bonds
0.00% 0.00% 5.39% 27.47%

Stock Sector Breakdown

Weighting Return Low Return High FLSCX % Rank
Technology
29.48% 1.56% 33.17% 2.20%
Communication Services
14.51% 0.00% 32.28% 7.42%
Healthcare
12.97% 2.58% 22.42% 42.58%
Consumer Cyclical
11.46% 0.00% 42.57% 75.82%
Financial Services
10.13% 0.58% 42.16% 77.47%
Industrials
8.47% 0.00% 50.75% 95.05%
Utilities
6.32% 0.00% 16.65% 21.43%
Consumer Defense
4.32% 0.00% 14.06% 60.44%
Basic Materials
1.91% 0.00% 10.92% 83.52%
Energy
0.44% 0.00% 15.09% 84.34%
Real Estate
0.00% 0.00% 30.44% 93.96%

Stock Geographic Breakdown

Weighting Return Low Return High FLSCX % Rank
US
89.46% 81.06% 99.99% 89.01%
Non US
7.49% 0.00% 17.00% 8.52%

Expenses

FLSCX - Expenses

Operational Fees

FLSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.83% 0.02% 19.45% 16.09%
Management Fee 0.59% 0.00% 1.50% 36.46%
12b-1 Fee 1.00% 0.00% 1.00% 82.95%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FLSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load 1.00% 1.00% 4.50% 28.57%

Trading Fees

FLSCX 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.

FLSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 2.00% 962.00% 27.81%

Distributions

FLSCX - Distributions

Dividend Yield Analysis

FLSCX Category Low Category High FLSCX % Rank
Dividend Yield 0.00% 0.00% 5.57% 20.44%

Dividend Distribution Analysis

FLSCX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Annually

Net Income Ratio Analysis

FLSCX Category Low Category High FLSCX % Rank
Net Income Ratio -0.86% -6.46% 2.17% 98.31%

Capital Gain Distribution Analysis

FLSCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FLSCX - Fund Manager Analysis

Managers

Brian Chang


Start Date

Tenure

Tenure Rank

Oct 01, 2019

0.92

0.9%

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

0.92

0.9%

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
0.08 26.09 6.03 4.04