Fidelity Advisor Leveraged Company Stock Fund Class A (FLSAX)
The investment seeks capital appreciation. The fund normally invests at least 80% of assets in stocks. It normally invests primarily in common stocks of leveraged companies (companies that issue lower-quality debt and other companies with leveraged capital structures). The fund potentially invests in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). It invests in domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both.
Fund Info
US3158054243
Dec 27, 2000
$0
Large-Cap
Blend
Expense Ratio
FLSAX has a high expense ratio of 1.04%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Leveraged Company Stock Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
FLSAX
N/A
N/A
N/A
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^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of FLSAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.34% | 8.77% | 4.79% | -5.14% | 5.49% | 0.71% | 0.63% | 0.81% | 4.61% | 25.79% | |||
| 2023 | 8.98% | -1.25% | -0.32% | -0.80% | -1.28% | 10.53% | 4.38% | -2.22% | -12.71% | -4.45% | 10.50% | 1.60% | 10.99% |
| 2022 | -7.73% | -2.00% | 2.26% | -8.76% | 1.01% | -12.18% | 11.30% | -2.99% | -18.72% | 7.77% | 5.55% | -8.49% | -31.63% |
| 2021 | 0.24% | 7.15% | 2.17% | 4.78% | 0.79% | 1.45% | -0.26% | 3.80% | -9.23% | 5.26% | -2.37% | 0.48% | 14.10% |
| 2020 | -1.11% | -8.80% | -23.85% | 17.65% | 10.05% | 2.05% | 5.16% | 11.11% | -1.17% | -3.60% | 17.76% | 5.04% | 24.95% |
| 2019 | 14.23% | 4.57% | -0.81% | 5.32% | -11.50% | 6.78% | 1.16% | -5.18% | -2.72% | 2.32% | 4.78% | 4.11% | 22.81% |
| 2018 | 4.59% | -5.29% | -1.42% | -0.00% | 5.29% | -0.76% | 2.08% | 1.17% | -12.28% | -10.73% | 1.93% | -11.79% | -25.80% |
| 2017 | 3.74% | 2.22% | 0.21% | 0.77% | -0.21% | 0.38% | 1.55% | -0.90% | -16.11% | 1.82% | 0.85% | -3.72% | -10.48% |
| 2016 | -9.44% | -0.53% | 8.58% | 3.27% | 1.21% | -4.43% | 4.64% | 1.69% | -3.07% | -2.10% | 5.75% | -10.60% | -6.74% |
| 2015 | -3.35% | 7.29% | 0.40% | 1.44% | 0.86% | -1.22% | -1.63% | -6.48% | -4.89% | 6.90% | 0.69% | -4.90% | -5.77% |
| 2014 | -2.82% | 3.58% | 0.82% | 0.42% | 2.07% | 2.68% | -0.95% | 4.24% | -5.00% | -0.43% | -0.04% | 1.02% | 5.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FLSAX is 60, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Leveraged Company Stock Fund Class A (FLSAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Leveraged Company Stock Fund Class A provided a 15.88% dividend yield over the last twelve months, with an annual payout of $7.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $7.33 | $0.12 | $0.17 | $0.07 | $0.00 | $0.00 | $0.00 | $0.28 | $0.33 | $0.27 | $0.30 |
Dividend yield | 15.88% | 0.28% | 0.43% | 0.13% | 0.00% | 0.00% | 0.00% | 0.65% | 0.67% | 0.51% | 0.53% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Leveraged Company Stock Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.33 | $7.33 | ||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.12 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.03 | $0.28 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.14 | $0.33 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.27 |
| 2014 | $0.13 | $0.00 | $0.00 | $0.17 | $0.30 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Leveraged Company Stock Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Leveraged Company Stock Fund Class A was 68.99%, occurring on Mar 9, 2009. Recovery took 967 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -68.99% | Jun 6, 2008 | 189 | Mar 9, 2009 | 967 | Jan 10, 2013 | 1156 |
| -61.41% | Jun 24, 2015 | 1192 | Mar 18, 2020 | 363 | Aug 25, 2021 | 1555 |
| -38.8% | Sep 8, 2021 | 265 | Sep 26, 2022 | — | — | — |
| -36.43% | Jan 31, 2001 | 366 | Jul 23, 2002 | 120 | Jan 13, 2003 | 486 |
| -19.35% | Jul 20, 2007 | 128 | Jan 22, 2008 | 77 | May 12, 2008 | 205 |
Volatility
Volatility Chart
The current Fidelity Advisor Leveraged Company Stock Fund Class A volatility is 3.52%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.