Fidelity Floating Rate High Income’s experienced managers apply a circumspect and thorough approach, backed by a sizable research cohort. It earns a Morningstar Analyst Rating of Silver for its cheapest share classes, while its pricier shares receive a Neutral.
Fidelity® Floating Rate High Income FFRHX
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FFRHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FFRHX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FFRHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FFRHX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A risk-conscious bank-loan offering.
