FFRHX – Fidelity Floating Rate High Income Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks a high level of current income. The fund invests atleast 80% 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. It invests in domestic and foreign issuers. The adviser uses fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FFRHX	Fidelity Floating Rate High Income Fund	No Load	Open			Sep 19, 2002	$8.85B	0.730%	Below Average	$0	−$930.64M
FFRIX	Fidelity Advisor Floating Rate High Income Fund - Class I	Institutional	Open			Aug 16, 2000	$1.86B	0.770%	Above Average	$0	−$319.32M
FIQSX	Fidelity Advisor Floating Rate High Income Fund - Class Z	Institutional	Open			Oct 2, 2018	$3.57B	0.670%	Below Average	$0	$769.13M
FFRTX	Fidelity Advisor Floating Rate High Income Fund - Class M	Front Load	Open			Aug 16, 2000	$76.21M	1.020%	Average	$0	−$12.33M
FFRAX	Fidelity Advisor Floating Rate High Income Fund - Class A	Front Load	Open			Aug 16, 2000	$622.65M	1.020%	Average	$0	−$63.02M
FFRCX	Fidelity Advisor Floating Rate High Income Fund - Class C	Level Load	Open			Aug 16, 2000	$97.83M	1.770%	Above Average	$0	−$14.53M

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