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FPTIX
Fidelity Advisor 529 High Income Portfolio - Class I
- Asset Class: Individual Fund
Fund Management
- Brett Sumsion 01/21/2014
- Andrew Dierdorf 10/01/2007
- Finola McGuire Foley 01/02/2024
- Bruno Weinberg Crocco 09/01/2021
Fund Management Tenure
-
9+Years at Fidelity
-
8+Years on the fund
NAV
$34.47
Change
+$0.05
YTD
+0.29%
52-Week Range
Low
$31.14
High
$34.69
Average Annual Returns
NAV | With Sales Charge | Benchmark | |
---|---|---|---|
1 year | +9.22% | na | +8.20% |
3 year | +1.97% | na | +2.92% |
5 year | +2.46% | na | +4.03% |
10 year | +3.79% | na | +5.08% |
Since Inception | +5.62% | na | na |
Fund Basics
Fund ID# | 3380 |
---|---|
CUSIP | 644624751 |
Inception Date | 06/10/2002 |
Portfolio Assets ($M) | $12.43 |
Exp Ratio (Gross) |
1.01% |
Exp Ratio (Net) |
0.99% |
This fund is closed to new investors.
Class B shares are also closed to additional purchases by existing shareholders.
All existing Class B units will be converted into Class A units of the same portfolio without imposition of any sales load, fee, or other charge effective on or about July 1, 2016. Consult the portfolio offering statement for more information.
Performance (Fund)
FUND INCEPTION 06/10/2002
Current performance may be higher or lower than that quoted. Performance data shown represents past performance and is no guarantee of future results. Investment return will fluctuate, so you may have a gain or loss when shares are sold.
Current performance may be higher or lower than the performance data quoted. The performance data featured represents past performance which is no guarantee of future results. Unit price, yield, investment return and principal value will fluctuate; therefore you may have a gain or loss when you sell your shares.
Units of the Portfolio are municipal securities and may be subject to market volatility and fluctuation.
Class I is available only to eligible investors as described in the Offering Statement.
Initial offering of Class I took place on 6/7/19. Returns prior to 6/7/19 are those of Class A.
Investment Objective
Seeks a high level of current income. Growth of capital may also be considered.
Strategy
The underlying Fidelity Advisor fund invests primarily in income-producing debt securities, preferred stocks and convertible securities, with an emphasis on lower quality debt securities. The underlying Fidelity Advisor fund may invest in companies in troubled or uncertain financial condition and in domestic and foreign issuers. Additionally, it may invest in non-income producing securities, including defaulted securities and common stocks.
Risk
Performance of FA 529 High Income Portfolio depends on the performance of the underlying Fidelity Advisor fund in which it invests. The underlying Fidelity Advisor fund's yield, share price, and total return change daily and are based on interest rates, market conditions, other economic or, political developments, and on the quality of its investments. Foreign markets, particularly emerging markets, can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market or economic developments and can perform differently from the U.S. market. Portfolio unit price and value will vary, and you may have a gain or loss when you redeem your units.
Fund Managers (Fund)
Manager | Since |
---|---|
Andrew Dierdorf | 10/01/2007 |
Finola McGuire Foley | 01/02/2024 |
Brett Sumsion | 01/21/2014 |
Bruno Weinberg Crocco | 09/01/2021 |
Details
NAV |
$34.47 as of 01/03/2025 |
POP (Public Offering Price) | $34.47
as of 01/03/2025 |
Exp Ratio (Gross) | 1.01% as of 01/02/2025 |
Exp Ratio (Net) | 0.99% as of 01/02/2025 |
12 Month Low-High | $31.14-$34.69
as of 12/31/2024 |
Net Assets ($M) |
$0.60
as of 12/31/2024 |
Portfolio Assets ($M) |
$12.43
as of 12/31/2024 |
Fund # | 3380 |
CUSIP | 644624751 |
Fund Inception | 06/10/2002 |
Share Class Inception | 06/07/2019 |
Fiscal Year End | September |
State Sponsor: State of New Hampshire
Net Assets reflect assets of the class shown; Portfolio assets reflect the assets of all classes of the same fund.
It is not possible to invest directly in an index. All indices are unmanaged.
529 Plan accounts are not insured by any state, federal government or any federal agency. Furthermore, neither the principal nor any investment return is guaranteed by any state, federal government or any federal agency.
Please note that 529 plans may have certain fees and expenses including but not limited to annual maintenance fees, sales charges, deferred sales charges, administration, state, and management fees, and underlying fund expenses. Please consider these fees as well as the investment risks when investing in a 529 plan.
Information provided is general (and educational) in nature. It is not intended to be, and should not be construed as, legal or tax advice. Fidelity does not provide legal or tax advice. Laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy, or completeness of this information. Consult an attorney or tax advisor regarding your specific legal or tax situation.
Units of the Portfolios are municipal securities and may be subject to market volatility and fluctuation.
The Fidelity Advisor 529 Plan, OklahomaDream 529 Plan and CHET Advisor 529 Plan are offered by the state of New Hampshire, the state of Oklahoma and the state of Connecticut, respectively and managed by Fidelity Investments. If your client or the designated beneficiary is not a New Hampshire, Oklahoma or Connecticut resident, your client may want to consider, before investing, whether their state or the designated beneficiary's home state offers its residents a plan with alternate state tax advantages or other state benefits, such as financial aid, scholarship funds, and protection from creditors.