Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.78% 158.17M -- 26.10%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
1.106M 2.93% Upgrade Upgrade

Basic Info

Investment Strategy
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.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Floating Rate Loan
Global Macro Loan Participation Funds
US Macro --
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective --
Fund Owner Firm Name Fidelity Investments
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 32
-33.11M Peer Group Low
15.91M Peer Group High
1 Year
% Rank: 38
1.106M
-132.18M Peer Group Low
252.00M Peer Group High
3 Months
% Rank: 35
-83.51M Peer Group Low
59.49M Peer Group High
3 Years
% Rank: 15
-496.94M Peer Group Low
429.02M Peer Group High
6 Months
% Rank: 47
-170.87M Peer Group Low
128.58M Peer Group High
5 Years
% Rank: 14
-619.64M Peer Group Low
1.126B Peer Group High
YTD
% Rank: 61
-126.24M Peer Group Low
182.45M Peer Group High
10 Years
% Rank: 58
-271.84M Peer Group Low
1.061B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
7.34%
1.55%
-1.56%
3.37%
5.48%
8.56%
16.59%
0.48%
1.06%
7.43%
5.33%
-1.39%
-11.53%
6.33%
2.41%
3.08%
-1.50%
6.24%
-0.58%
4.12%
-1.48%
10.57%
7.17%
2.06%
0.28%
6.10%
-0.96%
2.05%
-5.23%
6.29%
1.92%
-2.13%
1.23%
7.51%
-1.42%
1.51%
-5.08%
4.65%
0.65%
1.40%
7.75%
3.94%
1.12%
3.74%
3.94%
9.41%
17.90%
2.14%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-4-25) 6.33%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 517
Bond
Yield to Maturity (8-31-25) 7.55%
Effective Duration --
Average Coupon 8.53%
Calculated Average Quality 5.781
Effective Maturity 4.670
Nominal Maturity 4.700
Number of Bond Holdings 500
As of August 31, 2025

Asset Allocation

As of August 31, 2025.
Type % Net
Cash 1.38%
Stock 1.72%
Bond 96.94%
Convertible 0.00%
Preferred 0.00%
Other -0.04%
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Top 10 Holdings

Name % Weight Price % Change
AMERICAN SPORTSMAN HOLDINGS CO 21-JAN-2032 TERM LOAN B
2.50% -- --
GOLDEN NUGGET FRN 29-JAN-2029
1.58% -- --
ALTICE FRANCE SA [EX- ALTICE FRANCE EST] 01-AUG-2028 TERM LOAN B
1.31% -- --
USD CASH
1.17% -- --
SOLERA HOLDINGS INC 04-JUN-2028 TERM LOAN B
1.06% -- --
ASURION LLC 19-SEP-2030 TERM LOAN B
0.97% -- --
CLYDESDALE ACQUISITION HOLDINGS INC 13-APR-2029 TERM LOAN B
0.85% -- --
UKG INC [EX- ULTIMATE SOFTWARE INC] 09-FEB-2031 TERM LOAN B
0.84% -- --
MEDLINE INDUSTRIES LP 23-OCT-2028 TERM LOAN B
0.81% -- --
ALLIED UNIVERSAL HOLDCO LLC 05-AUG-2032 TERM LOAN B
0.79% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee --
Administration Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP Yes
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 500.00 None
Minimum Subsequent Investment 25.00 None

Basic Info

Investment Strategy
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.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Floating Rate Loan
Global Macro Loan Participation Funds
US Macro --
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective --
Fund Owner Firm Name Fidelity Investments
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-4-25) 6.33%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 517
Bond
Yield to Maturity (8-31-25) 7.55%
Effective Duration --
Average Coupon 8.53%
Calculated Average Quality 5.781
Effective Maturity 4.670
Nominal Maturity 4.700
Number of Bond Holdings 500
As of August 31, 2025

Fund Details

Key Dates
Inception Date --
Last Annual Report Date 12/31/2024
Last Prospectus Date --
Share Classes
FID2179 Commission-based Advice
FID2187 Commission-based Advice
FID2188 Fee-based Advice
FID2190 Commission-based Advice
FID2191 Fee-based Advice
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:FID2176.TO", "name")
Broad Asset Class: =YCI("M:FID2176.TO", "broad_asset_class")
Broad Category: =YCI("M:FID2176.TO", "broad_category_group")
Prospectus Objective: =YCI("M:FID2176.TO", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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