497 1 filing723.htm PRIMARY DOCUMENT

Supplement to the
Fidelity Advisor® Floating Rate High Income Fund
Class A, Class T, Class B and Class C
December 30, 2015
Prospectus

Effective March 1, 2016, the following information replaces similar information found in the "Fund Services" section under the heading "Fund Distribution".

Sales Charges and Concessions - Class A

 Sales Charge  
 As a % of
offering
price(a) 
As an
approximate
% of net
amount
invested(a) 
Investment
professional
concession as
% of offering
price 
Less than $50,000(b) 2.75% 2.83% 2.25% 
$50,000 but less than $100,000 2.25% 2.30% 2.00% 
$100,000 but less than $250,000 1.75% 1.78% 1.50% 
$250,000 or more None None finders fee(c) 

(a)  The actual sales charge you pay may be higher or lower than those calculated using these percentages due to rounding. The impact of rounding may vary with the amount of your investment and the size of the class's NAV.

(b)  Purchases of $10.00 or less will not pay a sales charge.

(c)  Certain conditions and exceptions apply. See "Fund Services - Fund Distribution - Finder's Fees."

Investments in Class A shares of $250,000 or more may, upon redemption less than nine months after purchase, for any reason, including failure to maintain the account minimum, be assessed a CDSC of 0.50% (shares with respect to which a 0.50% finder's fee is paid at the time of purchase) or 1.00% (shares recordkept in a Fidelity Advisor® 401(k) Retirement Plan).

Effective March 1, 2016, the following information replaces similar information found in the "Fund Services" section under the heading "Finder's Fees".

Finder's Fees. Finder's fees may be paid to investment professionals who sell Class A and Class T shares in purchase amounts of $250,000 or more. For Class A share purchases, investment professionals may be compensated at the time of purchase with a finder's fee at the rate of 0.50% of the purchase amount. Such Class A purchases may be subject, upon redemption, to a CDSC of 0.50% if redeemed less than nine months after purchase for any reason, including failure to maintain the account minimum, and the actual CDSC you pay may be higher or lower than the stated percentage due to rounding. The impact of rounding may vary with the amount of your investment and the size of the class's NAV. For Class T share purchases, investment professionals may be compensated at the time of purchase with a finder's fee at the rate of 0.25% of the purchase amount.

Effective March 1, 2016, the following information replaces similar information found in the "Fund Services" section under the heading "Conversion Feature".

Except as provided below, FDC may reallow up to the full amount of this 12b-1 (service) fee to intermediaries, including its affiliates, for providing shareholder support services. For purchases of Class A shares on which a finder's fee is paid to intermediaries, after the first nine months of investment, FDC may reallow up to the full amount of the 12b-1 (service) fee paid by such shares to intermediaries, including its affiliates, for providing shareholder support services.


AFR-16-01
1.746476.140
January 28, 2016