Article: Fidelity Advisor Floating Rate High Income Fund.

Christine McConnell, Portfolio Manager

Investment Outlook

As portfolio manager of the Fidelity Advisor Floating Rate High Income Fund1, I employ a fundamental, bottom-up credit research process, combining quantitative and qualitative analysis. In addition to my own research, I also rely upon the credit research generated by our team of high-yield analysts and the vast array of Fidelity analysts for new investment ideas. I focus on individual security selection and industry allocation by investing in a universe of lower-rated and non-rated floating rate loans and debt securities. My approach seeks to identify and invest in the loan securities of high- ...

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