Fidelity Advisor Series I: Fidelity Advisor Floating Rate High Income Fund; Class I Shares (FFRIX)

9.3 0.00%
Dec 08 close; Powered by Koyfin
Pros
3-year return above the benchmark
5-year return above the benchmark
10-year return above the benchmark
No sales load or distribution fees
Cons
High expense ratio

Pros

  1. FFRIX 3-year return is 6.03%, which is higher than the 3-year return of the benchmark index (S&P/LSTA Performing Loan TR), 3.23%.
  2. FFRIX 5-year return is 4.18%, which is higher than the 5-year return of the benchmark index (S&P/LSTA Performing Loan TR), 3.9%.
  3. FFRIX 10-year return is 3.79%, which is higher than the 10-year return of the benchmark index (S&P/LSTA Performing Loan TR), 3.49%.
  4. Good news: this fund does not have 12b1, front-end or back-end sales fees.

Cons

  1. FFRIX expense ratio is 0.72%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?