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 T (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-1.19% 3 years+1.44%
3 months-0.66% 5 years+3.63%
1 year-1.85% Since inception+7.52%
Data through --

Peer Comparisonvs. Multisector bond

Performance 5-yr return+3.63%+4.09%
Expense ratio0.99%1.13%
Risk 5 year sharpe ratio0.810.94
Net assets$8.9B$2.3B
Average market cap$98.8B$21.3B
Average P/E27.016.2
Portfolio turnover121%121%

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 / 16 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00


Fixed income95.23%
International stock0.42%
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
-- 31.61%
-- 6.03%
-- 1.53%
-- 0.89%
-- 0.86%
-- 0.78%
-- 0.71%
-- 0.66%
-- 0.62%
-- 0.61%