Fidelity Floating Rate High Income (FFRHX) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry.
FFRHX has IPO date of 2000-08-31, listed on the NASDAQ, a market capitalization of $13.79B.
Fidelity Floating Rate High Income invests at least 80% of its assets in floating rate loans and other floating rate securities, including lower-quality debt instruments issued by companies in troubled or uncertain financial condition. The fund may also allocate portions of its portfolio to money market instruments, investment-grade debt securities, and repurchase agreements from both domestic and foreign issuers. The investment adviser employs fundamental analysis to evaluate each issuer's financial condition, industry position, and prevailing market and economic conditions when making investment selections.
