
The Ffrhx dividend yield is a crucial aspect of the fund's performance, offering investors a way to gauge the potential return on their investment.
Ffrhx is a type of investment vehicle, specifically a mutual fund, that pools money from multiple investors to invest in a diversified portfolio of stocks.
The fund's dividend yield is calculated by dividing the annual dividend payment per share by the fund's net asset value (NAV).
The Ffrhx fund has a dividend yield of 2.5% as of the last update, which is a relatively stable figure compared to other similar funds.
For more insights, see: Mutual Fund Portfolio Analysis
Fund Details
The Fidelity Advisor Floating Rate High Income Fund is a great option for those seeking a steady income stream. It was established on September 20, 2002.
This fund is managed by Eric Mollenhauer, who has been at the helm since its inception. The fund's shares are denominated in USD and are domiciled in the US.
Here are the fund's key details:
- Legal Name: Fidelity Advisor Floating Rate High Income Fund
- Fund Family Name: Fidelity Investments
- Inception Date: September 20, 2002
- Manager: Eric Mollenhauer
The fund's share class is classified as "Other", and it has a currency of USD. Its shares are available for purchase with a minimum initial investment of $0.
Investment Options
Investment options for those seeking high yields and potential price stability include Fidelity Floating Rate High Income (FFRHX), a fund that invests in floating-rate bonds with a SEC Yield of 3.7%.
These bonds adjust their interest rate on a regular basis, tied to a benchmark like the U.S. Treasury bill rate or Libor.
The FFRHX fund has a conservative approach, with over half of its portfolio consisting of bonds with credit quality above a "B" rating.
This is more conservative than the average bank loan mutual fund, which tends to invest in lower-quality loans with higher downside potential in a bear market.
Investors seeking income may also consider dividend stocks, which can provide higher returns than annuities in retirement.
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Performance and Yield
The FFRHX dividend yield is a crucial factor to consider when evaluating the fund's performance.
The dividend yield for FFRHX is 7.23%, which is significantly higher than the category low of 0.00% and category high of 11.13%. This puts FFRHX at a respectable 48.30% rank in its category.
Dividend yield is just one aspect of the fund's performance. Let's take a closer look at the yields and distributions.
Here's a breakdown of the yields and distributions for FFRHX:
The forward dividend yield for FFRHX is 7.25%, and the dividend per share is 0.67 USD.
Portfolio Information
The FFRHX dividend yield is a key consideration for investors. This fund has a dividend yield of 3.73%, which is significantly higher than the 1.73% average yield for the Large Value category.
Investors can expect a relatively stable income stream from this fund. Its dividend payout ratio is a manageable 46.7%, indicating that the fund is generating a substantial portion of its income from dividends.
The fund's dividend yield is influenced by its investment strategy. FFRHX focuses on large-cap stocks with a strong history of dividend payments, which contributes to its higher dividend yield.
Historical data shows that the fund's dividend yield has been steadily increasing over the past few years. This trend is likely to continue as the fund continues to invest in high-quality dividend-paying stocks.
As of the last update, the fund's dividend yield is significantly higher than its peers in the Large Value category.
For another approach, see: Difference between Market Cap and Enterprise Value
Frequently Asked Questions
Is FFRHX a good investment?
FFRHX is a good investment option due to its high Zacks Mutual Fund rank and strong performance. Consider FFRHX for its potential to balance returns with lower fees and manageable risk.
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