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Fidelity Advisor® Strategic Income Fund Class M (FSIAX)

12.44
Net Asset Value
-0.16%
1 Day
+4.71%
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+0.24% 3 years+4.12%
3 months+1.44% 5 years+3.68%
1 year+5.88% Since inception+7.46%
Data through --

Peer Comparisonvs. Multisector bond

 FSIAXCategory
Performance 5-yr return+3.68%+3.59%
Expense ratio1.01%1.08%
Risk 5 year sharpe ratio0.900.96
Net assets$9.0B$2.4B
Average market cap$1.5B$32.9B
Average P/E--18.9
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 income96.17%
Cash3.72%
International stock0.06%
Other0.05%
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
-- 40.08%
-- 6.19%
-- 1.95%
-- 1.28%
-- 1.22%
-- 1.11%
-- 0.97%
-- 0.96%
-- 0.96%
-- 0.80%