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Fidelity Advisor® Strategic Income Fund Class M (FSIAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Multisector bond
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of current income; it may also seek capital appreciation. The fund invests primarily in debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). It allocates the fund's assets among four general investment categories: high yield securities, U.S. government and investment-grade securities, emerging market securities, and foreign developed market securities.


1 month+1.16% 3 years+3.29%
3 months+2.11% 5 years+3.90%
1 year+7.67% Since inception+7.42%
Data through --

Peer Comparisonvs. Multisector bond

Performance 5-yr return+3.90%+4.07%
Expense ratio1.01%1.12%
Risk 5 year sharpe ratio0.911.02
Net assets$8.4B$2.2B
Average market cap--$16.0B
Average P/E--19.7
Portfolio turnover76%76%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Notkin / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00


Fixed income95.45%
International stock0.17%
U.S. stock0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 75.18%
Business service 15.36%
Hardware 4.63%
Media 4.48%
Utilities 0.24%
Top 10 Holdings
Portfolio weighting
-- 3.00%
-- 1.93%
-- 1.91%
-- 1.66%
-- 1.46%
-- 1.40%
-- 1.38%
-- 1.33%
-- 1.32%
-- 1.29%