Profile and investment
| Fund type | Open Ended Investment Company |
|---|---|
| Investment style (stocks) | Market Cap: Mid Investment Style: Value |
| Morningstar category | Bank Loan |
| Launch date | 16 Aug 2000 |
| Price currency | USD |
| Domicile | United States |
| Symbol | FFRCX |
| Manager & start date | Eric Mollenhauer 01 Apr 2013 Kevin Nielsen 30 Nov 2018 Chandler Perine 01 Oct 2022 |
| Pricing frequency | Daily |
|---|---|
| Total net assets | 14.69bn USD As of Jan 31 2026 |
| Share class size | 103.82m USD As of Jan 31 2026 |
| Net expense ratio | 1.77% |
| Front end load | -- |
| Deferred load | 1.00% |
| Maximum Redemption Fee | -- |
| Min. initial investment | 0.00 USD |
| Min. additional investment | -- |
| Initial IRA | -- |
| Additional IRA | -- |
| Available for sale | United States |
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Top 5 holdings
| Top 5 holdings as a per cent of portfolio | |||
|---|---|---|---|
| 47.17% | 8.96% | 0.00% | 8.96% |
| Category average | % Net assets | % Short | % Long |
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| Fidelity Cash Central Fund | -- | 3.26% | |
| BASS PRO TERM B 1LN 01/23/32 | -- | 2.51% | |
| GOLDEN NUGGET TM B 1LN 01/29 | -- | 1.17% | |
| Acrisure Term B6 1ln 11/06/30 | -- | 1.04% | |
| SOLERA TERM B 1LN 6/2/28 | -- | 0.98% | |
| Per cent of portfolio in top 5 holdings: 8.96% |
Asset type
| US bond | 87.61% |
| Non-US bond | 6.83% |
| Cash | 2.51% |
| US stock | 1.81% |
| Non-US stock | 0.23% |
| Other | 1.02% |
Top 5 sectors
| Bank Loan | 89.59% |
| Corporate Bond | 4.00% |
| Cash & Equivalents | 3.33% |
| Asset-Backed | 0.70% |
| Preferred Stock | 0.42% |
| Other | 0.31% |
Top 5 regions
| United States | 1.81% |
| Eurozone | 0.12% |
| Latin America | 0.11% |
Sector and region weightings are calculated using only long position holdings of the portfolio.
