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Fidelity Advisor® Strategic Income Fund Class M (FSIAX)

12.40
Net Asset Value
+0.16%
1 Day
+4.38%
Year-to-Date
Overall Morningstar Rating
Multisector bond
Style or Category
4
Sales Expenses
1.01%
Expense Ratio
Average
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.

Performance

1 month+0.31% 3 years+3.45%
3 months+1.91% 5 years+3.92%
1 year+5.13% Since inception+7.47%
Data through --

Peer Comparisonvs. Multisector bond

 FSIAXCategory
Performance 5-yr return+3.92%+4.18%
Expense ratio1.01%1.09%
Risk 5 year sharpe ratio0.961.02
Net assets$8.8B$2.4B
Average market cap$1.3B$29.5B
Average P/E--18.8
Portfolio turnover76%76%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Notkin / 18 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00

Holdings

Fixed income95.88%
Cash3.92%
International stock0.10%
Other0.09%
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
-- 3.47%
-- 2.94%
-- 2.45%
-- 2.38%
-- 2.37%
-- 1.77%
-- 1.48%
-- 1.44%
-- 1.41%
-- 1.36%