(As of 10/31/2024)

Fidelity Floating Rate High Income Fund A

(Floating Rate Loan)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2016





Inception Return
(10/16/2013) 		5.91 %
YTD Return 11.33 %
NAVPS
(11/20/2024) 		$12.37
Change $0.02 / 0.16 %
Growth of $10,000 (As of October 31, 2024)
MER 1.79 %
Assets ($mil) $2.02
Rank (1Yr) 48/78
Std Dev (3Yr) 7.11 %
Volatility Ranking (3Yr) 2/10
RRSP Eligibility Yes
Load Front Fee Only
Max Front End -
Max Back End 6.00 %
Sales Status Open
 
Objective
The Fund aims to provide a steady flow of income. It invests primarily in floating rate debt instruments and other floating rate securities of issuers located in the United States or that are denominated in U.S. dollars.
Fund Manager

Fidelity Investments Canada ULC

Portfolio Manager

Fidelity Investments Canada ULC

Sub-Advisor

Fidelity Management & Research Company LLC

 
Asset Allocation
(As of June 30, 2024)
Sector Allocation
(As of June 30, 2024)
Geographic Allocation
(As of June 30, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Fidelity U.S. Money Market Investment Trust OCash and EquivalentsCash and Cash EquivalentUnited States0.00%
GREAT OUTDOORS TM B2 1LN 9.21% 05-Mar-2028Foreign BondsFixed IncomeUnited States0.00%
GOLDEN NUGGET TM B 1LN 9.08% 27-Jan-2029Foreign BondsFixed IncomeUnited States0.00%
INTERNET BRANDS TM B 1LN 9.58% 03-May-2028Foreign BondsFixed IncomeUnited States0.00%
UKG TERM B 1LN 8.58% 10-Feb-2031Foreign BondsFixed IncomeUnited States0.00%
SOLERA TERM B 1LN 9.59% 02-Jun-2028Foreign BondsFixed IncomeUnited States0.00%
GAINWELL TERM B 1LN 9.43% 01-Oct-2027Foreign BondsFixed IncomeUnited States0.00%
HUNTER DOUGLAS TM B 1LN 8.84% 25-Feb-2029Foreign BondsFixed IncomeUnited States0.00%
MEDLINE TERM B 1LN 8.09% 23-Oct-2028Foreign BondsFixed IncomeUnited States0.00%
AUTHENTIC BRND TM B1 1LN 8.93% 21-Dec-2028Foreign BondsFixed IncomeUnited States0.00%

Performance Data (As of October 31, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 3.95 2.87 4.48 11.33 9.16 9.24 5.43 5.46
Benchmark 0.99 3.11 6.89 11.17 13.73 8.48 5.79 5.34
Quartile Ranking 1 1 1 1 3 1 1 1

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 8.56 5.48 3.37 -1.56 1.55 7.34 -4.02 4.65 17.70 8.85
Benchmark 14.42 -0.86 -0.97 5.27 1.22 2.81 6.15 4.59 11.20 1.85
Quartile Ranking 4 1 4 4 4 1 4 4 1 2

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