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Company Details

Fidelity Floating Rate High Income

FFRHX - NASDAQ

Identifiants & Marche

Ticker FFRHX
ISIN US3159167838
CIK 0000722574
Bourse NASDAQ
Devise USD

Classification

Entreprise

Pays US
Siege N/A
Fondee N/A
Site Web Lien

Description

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.