Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity Advisor® Strategic Income Fund Class M (FSIAX)

12.42
Net Asset Value
0.00%
1 Day
+4.55%
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+0.71% 3 years+5.05%
3 months+0.45% 5 years+3.47%
1 year+8.32% Since inception+7.42%
Data through --

Peer Comparisonvs. Multisector bond

 FSIAXCategory
Performance 5-yr return+3.47%+3.59%
Expense ratio1.01%1.09%
Risk 5 year sharpe ratio0.860.88
Net assets$9.1B$2.6B
Average market cap$1.5B$40.7B
Average P/E--20.7
Portfolio turnover76%76%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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 income93.42%
Cash6.42%
Other0.10%
International stock0.06%
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
-- 39.29%
-- 7.35%
-- 1.28%
-- 1.22%
-- 1.20%
-- 1.04%
-- 0.93%
-- 0.93%
-- 0.91%
-- 0.87%