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® Strategic Income Fund (FSICX)

10.51
Net Asset Value
-0.94%
1 Day
+3.55%
Year-to-Date
Overall Morningstar Rating
Multisector bond
Style or Category
No Load
Sales Expenses
0.71%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of current income; capital appreciation is a secondary consideration. 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+0.67% 3 years+3.67%
3 months+3.04% 5 years+3.76%
1 year+1.55% Since inception+6.51%
Data through --

Peer Comparisonvs. Multisector bond

 FSICXCategory
Performance 5-yr return+3.76%+3.69%
Expense ratio0.71%1.14%
Risk 5 year sharpe ratio0.780.78
Net assets$7.4B$2.1B
Average market cap$58.0B$20.1B
Average P/E13.920.0
Portfolio turnover88%88%

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 / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income90.37%
Cash7.67%
International stock1.12%
Other0.53%
U.S. stock0.32%
Top 5 Sectors
Portfolio weighting
Industrial materials 74.47%
Business service 16.23%
Media 4.51%
Hardware 4.40%
Utilities 0.25%
Top 10 Holdings
Portfolio weighting
-- 9.99%
-- 1.75%
-- 1.53%
-- 1.41%
-- 1.32%
-- 1.30%
-- 1.26%
-- 1.26%
-- 1.24%
-- 1.02%

Partner Offers

Search for Jobs