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FFRHX Stock Price, Chart, Stats & News
Fidelity Floating Rate High Income
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Fundamentals
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FFRHX valuation
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About
The Fidelity Floating Rate High Income (FFRHX) fund primarily allocates at least 80% of its assets to floating rate loans and other variable-rate debt instruments, which often include lower-rated, higher-yield securities. It specifically seeks out opportunities to invest in companies experiencing financial challenges or precarious conditions. Complementing these core holdings, the fund may also invest in money market instruments, investment-grade debt, and repurchase agreements.
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