Fidelity Advisor Floating Fund Quote
| FFRAX Fund | USD 9.34 0.01 0.11% |
Performance26 of 100
| Odds Of DistressLess than 13
|
Fidelity Advisor is trading at 9.34 as of the 28th of November 2024; that is 0.11% up since the beginning of the trading day. The fund's open price was 9.33. Fidelity Advisor has less than a 13 % chance of experiencing some financial distress in the next two years of operation and had a strong performance during the last 90 days. Equity ratings for Fidelity Advisor Floating are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests atleast 80 percent of assets in floating rate loans, which are often lower-quality debt securities and other floating rate securities. It invests in companies in troubled or uncertain financial condition. The fund invests in money market and investment-grade debt securities and repurchase agreements. More on Fidelity Advisor Floating
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Moving against Fidelity Mutual Fund
Fidelity Mutual Fund Highlights
| Fund Concentration | Fidelity Investments Funds, Large Funds, Bank Loan Funds, Bank Loan, Fidelity Investments, Large, Bank Loan (View all Sectors) |
| Update Date | 30th of September 2024 |
Fidelity Advisor Floating [FFRAX] is traded in USA and was established 28th of November 2024. Fidelity Advisor is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Fidelity Investments family. This fund currently has accumulated 12.48 B in assets under management (AUM) with no minimum investment requirementsFidelity Advisor Floating is currently producing year-to-date (YTD) return of 7.6% with the current yeild of 0.08%, while the total return for the last 3 years was 6.31%.
Check Fidelity Advisor Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Advisor Floating Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Advisor Floating Mutual Fund Constituents
| CRC | California Resources Corp | Stock | Energy |
Fidelity Advisor Floating Risk Profiles
| Mean Deviation | 0.0761 | |||
| Standard Deviation | 0.131 | |||
| Variance | 0.0172 | |||
| Risk Adjusted Performance | 0.2017 |
Fidelity Advisor Against Markets
Other Information on Investing in Fidelity Mutual Fund
Fidelity Advisor financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Advisor security.
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