FFRIX Performance — Fidelity Advisor Floating Rate High Income Fund, Class I
Data updated: 2026-09-23
FFRIX returned +2.57% year to date and +5.24% over one year to Jul 2026. Annualised returns are +7.12% over 3 years and +6.08% over 5 years. Against its Ultrashort Corporate Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $123, against $122 for the category, and to $105 over one year, against $106. Volatility over the past three years was 1.98% a year. In the 12 months to Jul 2026 the fund lost a net $414.1M, and assets reached $14.55B.
FFRIX Growth of $100
What $100 invested in Fidelity Advisor Floating Rate High Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | FFRIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $105 | $106 |
| 3 years (Aug 2023 – Jul 2026) | $123 | $122 |
| 5 years (Aug 2021 – Jul 2026) | $134 | $127 |
| Since data start (Aug 2019 – Jul 2026) | $144 | $135 |
FFRIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.57% |
| 1 year | +5.24% |
| 3 years (annualised) | +7.12% |
| 5 years (annualised) | +6.08% |
FFRIX Annual Returns
Calendar-year total returns of Fidelity Advisor Floating Rate High Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +2.57% |
| 2025 | +5.50% |
| 2024 | +8.51% |
| 2023 | +12.41% |
| 2022 | −0.37% |
| 2021 | +5.60% |
| 2020 | +1.61% |
| 2019 (Aug–Dec) | +1.96% |
FFRIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.1% | −0.8% | +0.7% | +1.2% | +0.8% | −0.1% | +0.8% | — | — | — | — | — |
| 2025 | +0.6% | +0.1% | −0.5% | −0.6% | +1.8% | +0.9% | +0.5% | +0.5% | +0.7% | +0.3% | +0.4% | +0.7% |
| 2024 | +0.5% | +1.0% | +0.8% | +0.5% | +0.8% | +0.2% | +0.6% | +0.6% | +0.7% | +1.0% | +1.2% | +0.4% |
| 2023 | +2.3% | +0.5% | +0.2% | +0.9% | −0.3% | +2.4% | +1.1% | +1.1% | +0.7% | −0.2% | +1.4% | +1.7% |
| 2022 | +0.1% | −0.5% | +0.3% | −0.2% | −2.1% | −2.5% | +2.5% | +1.6% | −2.3% | +1.3% | +1.2% | +0.4% |
| 2021 | +1.1% | +1.0% | −0.1% | +0.5% | +0.7% | +0.4% | −0.3% | +0.7% | +0.7% | +0.6% | −0.5% | +0.7% |
| 2020 | +0.3% | −1.8% | −11.8% | +3.6% | +4.2% | +0.5% | +1.9% | +1.3% | +0.4% | +0.1% | +2.6% | +1.3% |
| 2019 | — | — | — | — | — | — | — | −0.3% | +0.7% | −0.5% | +0.5% | +1.6% |
FFRIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 1.98%
- 3-year Sharpe ratio: 1.33 (vs 4.5% risk-free rate)
- Best month: +1.75% (May 2025)
- Worst month: −0.84% (Feb 2026)
FFRIX Fund Flows
Monthly money in and out of Fidelity Advisor Floating Rate High Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$414.1M
- 12-month gross sales (incl. reinvestments): $5.4B
- Sales ÷ redemptions: 0.93×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $381.4M | $298.6M | $82.8M |
| Jun 2026 | $570.2M | $324.3M | $245.9M |
| May 2026 | $671.3M | $301.9M | $369.4M |
| Apr 2026 | $403.4M | $410.8M | −$7.5M |
| Mar 2026 | $306.2M | $694.6M | −$388.4M |
| Feb 2026 | $353.0M | $686.7M | −$333.7M |
| Jan 2026 | $538.3M | $495.4M | $42.9M |
| Dec 2025 | $525.3M | $671.9M | −$146.6M |
| Nov 2025 | $350.5M | $461.3M | −$110.8M |
| Oct 2025 | $465.2M | $647.2M | −$182.0M |
| Sep 2025 | $464.8M | $428.0M | $36.8M |
| Aug 2025 | $384.2M | $407.1M | −$22.9M |
FFRIX Assets Under Management
Net assets of Fidelity Advisor Floating Rate High Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $14.55B |
| 2026-04-30 | $13.88B |
| 2026-01-31 | $14.69B |
| 2025-10-31 | $15.01B |
| 2025-07-31 | $15.23B |
| 2025-04-30 | $14.43B |
| 2025-01-31 | $16.27B |
| 2024-10-31 | $14.60B |
| 2024-07-31 | $14.74B |
| 2024-04-30 | $14.05B |
| 2024-01-31 | $13.31B |
| 2023-10-31 | $12.21B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.