Fidelity Advisor High Income Advantage’s experienced leadership is well-placed to manage its considerable risks by applying deft allocations to equities and skilled security selection, along with exercising well-warranted caution at times. Its cheapest share classes earn a Morningstar Analyst Rating of Bronze, while its pricier shares are rated Neutral.
Morningstar’s Fund Analysis FAHCX
Will FAHCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAHCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FAHCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FAHCX’s parent organization’s priorities and whether they’re in line with investors’ interests.